Curated News
By: NewsRamp Editorial Staff
January 28, 2025
Royalty Management Holding Corporation Acquires Additional Environmental Services Revenue Contracts
TLDR
- Acquired additional environmental services contracts to expand, driving over 300% revenue growth, providing a strategic advantage in diversified markets.
- Royalty Management Holding Corp. acquired an existing environmental services book of business to expand operations in multiple states, focusing on sustainable growth.
- The acquisition by Royalty Management Holding Corp. of environmental services contracts aims to improve communities by offering remediation and support services, creating a better tomorrow.
- RMC Environmental Services provides 2025 revenue guidance of over $3.0 million, showcasing impressive growth and potential impact on the market and environmental sector.
Impact - Why it Matters
This news signifies a significant growth opportunity for Royalty Management Holding Corporation as they expand their environmental services division and expect over 300% revenue growth in 2025. The acquisition will not only increase profitability but also provide capital for new investments, stock repurchases, and value creation for shareholders.
Summary
Royalty Management Holding Corporation has acquired additional environmental services revenue contracts to expand beyond its current operations in central Indiana. The acquisition includes an existing environmental management and remediation book of business operating in Indiana and Kentucky, with estimated revenues of over $3.0 million per year. The company plans to grow this business within the current geographical footprint, expanding its operating footprint to multiple states.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Royalty Management Holding Corporation Acquires Additional Environmental Services Revenue Contracts