June 2010 |
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CGS Acquires CoR Advisors
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WASHINGTON, DC – June 22, 2010 Consolidated Green
Services, LLC (CGS) announced today the acquisition of CoR Advisors, a real
estate consulting firm that provides strategic planning for energy management,
sustainable operations, building automation, and general building technology
solutions. CGS is a leading systems integrator located in Bethesda, Maryland
that offers customers fully integrated energy savings and efficiency solutions
that lower operating expenses, improve financial performance, and reduce
environmental impact.
"The acquisition of CoR Advisors enables CGS to broaden our market reach in
commercial and corporate real estate through CoR’s extensive customer network
and channel relationships," said Larry Winkler, CEO of CGS. "In addition, we
will be expanding our service offerings to include a new research, education,
and consulting division led by Darlene Pope, who has established herself as a
leader in this arena over the past 15 years."
"Our partnership with CGS provides a strategic advantage in providing energy
management and sustainability services, which are in extremely high demand in
the commercial marketplace," said Pope, Co-Founder and Principal of CoR
Advisors. "Together, our companies are uniquely qualified to provide a complete
range of services for building owners and occupants, from technical design and
system integration through ROI analysis and financing."
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Founded by a team with extensive experience in the technology,
telecommunications and real estate sectors, CGS bundles green technologies and
best practices with property management and operations experience, networking
and information technologies,
systems integration, and financial sophistication.
"We believe the integration of CoR Advisors business into CGS provides a perfect
complement to our existing service offerings. In addition, they fit well with
our corporate culture of highly-motivated, results oriented leaders who truly
want to influence change in the industry," added Winkler.
As a privately held company, Consolidated Green Services has the ability to
raise private capital to finance the cost of projects and repay that capital
commitment with guaranteed savings that result from the project improvements.
This gives CGS the ability to pursue innovative, long-term energy solutions that
are good for clients, good for business, and good for the environment. CGS
understands that their business is only as good as the return on investment that
they deliver to their customers.
About CoR Advisors:
http://cts.vresp.com/c/?CREPartners/e40b6d430e/ac5bb7a40f/c3d1011fe2
About CGS:
http://cts.vresp.com/c/?CREPartners/e40b6d430e/ac5bb7a40f/83389babc6
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