Source: Benzinga

AM Conservation Group: Franklin Energy Expands Offering with Acquisition of Evolve Technologies

CHARLESTON, SC, Sept. 27, 2023 (GLOBE NEWSWIRE) -- AM Conservation, a subsidiary of Franklin Energy, a leading provider of energy efficiency and grid optimization solutions and products, announced today the successful acquisition of Evolve Technologies, a leading provider of innovative patented technologies and products for water and energy conservation. "This acquisition allows us to better address market opportunities as we move into a time of accelerated electrification and innovation in saving energy and water," said Terry Sobolewski, Franklin Energy CEO. "The combination of these businesses immediately expands our ability to simplify and scale the adoption of sustainable energy solutions." Based in Scottdale, AZ, Evolve has combined award-winning industrial design, product development, engineering, and ...Full story available on Benzinga.com

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Est. Annual Revenue
$25-100M
Est. Employees
500-1.0K
Jim Madej's photo - CEO of AM Conservation Group

CEO

Jim Madej

CEO Approval Rating

84/100

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