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Details of Innovest Global Inc. Rapidly Growing $4 Million Revenue Commercial & Industrial Division Released, and Plans to Continue Triple Digit Growth
Details of Innovest Global Inc. Rapidly Growing $4 Million Revenue Commercial & Industrial Division Released, and Plans to Continue Triple Digit Growth.
About this update from Innovest Global Inc
[{"type":"text","content":"\nCLEVELAND, May 16, 2018 (GLOBE NEWSWIRE) -- Innovest Global Inc. (OTC PINK:IVST) has released the details behind its Commercial & Industrial division, which in a few short months has gone from zero to over $4 million in annual revenue run rate. The Innovest Commercial & Industrial Division is an exceptional growth story in the Commercial & Industrial space. The division has multiple organic growth hotspots, and acquisition candidates in the pipeline, both of which are strategies management anticipates will continue to fuel Division sales growth.\n The Commercial & Industrial Division is comprised of three offerings to Commercial & Industrial clients: Energy, Services, and Durable Goods. Energy: Procurement, Consultation, and Efficiency Solutions Launched with the acquisition of Shepherd Energy and Shepherd Solutions, the Innovest Energy Group is leading the revenue growth curve with a model that, according to the 2017 Power and Utilities Trends report by PwC, is a perfect match with current trends in the industry that are a “Blueprint for a Service Based Model”. Lifelong energy expert and executive Damon Mintz, CEO of Shepherd, is now also the Innovest Commercial & Industrial Division President. “Bringing Shepherd under the Innovest umbrella was a big leap of faith for us at the time, and was the best business decision I’ve ever made,” said Mr. Mintz. “My partners and I have the best of both worlds - a growing ownership stake in Innovest, and a platform to grow our vision and build the Energy business with much greater potential.” That vision includes the proprietary “LEEP” financing program, which is a zero out of pocket financing program for clients, that uses savings to pay for upgrades. LEEP is a huge factor in closing sales that may not have otherwise closed. Also part of that vision is the unique pole-mount technology known as “DCR”, or Demand Cost Reduction Unit, which reduces electricity demand charges. H.P. Technologies, an Energy business owned by industry pioneer Dennis Giancola, also joined the Innovest Energy Group. Dennis was Ohio’s first independent commercial energy broker. He is a Board Member of Energy Professionals of Ohio. H.P. is exceptionally suited for national growth, having the distinction of being licensed ...