MassRoots, Inc. Acquires Empire Services, Inc.
October 4, 2021
MassRoots, Inc. has closed its acquisition of Empire Services, Inc., a metal recycling operator with 10 facilities across Virginia and North Carolina, in a transaction valued at approximately $23.6 million. The acquisition adds roughly 65 employees and tens of millions in annual revenue to MassRoots as the company pivots to the commodities/metal recycling market and prepares to apply to uplist to a national exchange.
- Buyers
- MassRoots, Inc.
- Targets
- Empire Services, Inc.
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Buyout
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