Renovare Environmental, Inc. · OTC:RENO
Renovare Environmental — Merger or Acquisition (March 2022)
12 slides from Renovare Environmental's merger presentation, Mar 17, 2022
Slide 1: Renovare Environmental – HARP Acquisition, March 2022
@® renovare environmental HARP Acquisition March 2022
Slide 2: Forward Looking Statement & Safe Harbor
Forward Looking Statement & Safe Harbor This presentation has been prepared by Renovare Environmental, Inc . , formerly BioHiTech Global, Inc . (“Renovare” or the “Company”) and includes information from other sources believed by management to be reliable . No representation or warranty, express or
Slide 3: Our Mission
OUR MISSION Renovare Environmental’s mission is to reduce food waste, lower harmful emissions, and decrease waste disposal costs . Our sustainable solutions improve the global environment by reducing waste that goes to landfills and decreasing our customers’ carbon footprint . Our world - class tech
Slide 4: Harp Snapshot
Harp Snapshot 4 We are acquiring Harp Renewables and Harp Electrical Engineering (together, “Harp”), leaders in the design and manufacture of aerobic bio - digesters and electrical control panel design and installation. Harp headquarters and manufacturing facilities are located near Dublin, Ireland.
Slide 5: Why Harp?
Why Harp? 5 The combination of Renovare with Harp would create a powerful portfolio of industry leading bio - digesters and waste management services • Harp extends our product line, geography, and portfolio of proprietary technology • Harp adds proprietary “dry” bio - digester equipment, and high -
Slide 6: Transaction Rationale
TRANSACTION RATIONALE Geographic Expansion Scale Growth Product Portfolio 6 • The acquisition of Harp is expected to increase Renovare’s digester - driven top - line by ~2 - 3x in 2022 and 2023 and position the combined entity as a leader in the specialty waste space • The acquisition is expected to
Slide 7: Transaction Summary
TRANSACTION SUMMARY Purchase of Harp Renewables Purchase of Harp Electrical Purchase of Consolidated Harp Companies • Total purchase price of $17 million • $12 million in equity and $5 million cash • Shares priced at $0.57, representing a premium to market price • Founder Shane Finnegan and Susqueha
Slide 8: Harp – Bio-Digester Product Line
HARP – Bio - Digester PRODUCT LINE 8 SYSTEM CX2 CX5 CX1 0 CX20 CX50
Slide 9: Harp – Comparison to Conventional Composting
HARP - COMPARISON TO CONVENTIONAL COMPOSTING 9 Conventional Composting Harp Accelerated Bio - Digester Microbes generate heat Potent hydrolytic enzymes – bio - catalysts for accelerated thermal process Significant GHG emissions: CO2 + N2O + CH4 Low GHG emissions. Binds carbon & nitrogen Temperature
Slide 10: Harp Management Team
HARP MANAGEMENT TEAM 10 Robert Webber, CEO • 25+ years experience in bio - tech, waste, ag/food & hospitality • CEO & COO/CFO, Maui Land & Pineapple (NYSE) • President, Dyntek (OTC); CCO, Solazyme (Nasdaq) • CFO, Waste Resource Tech.; COO, Santa Catalina Island Co • McKinsey Strategy Consultant in t
Slide 11: Conclusion
CONCLUSION • Significant top line and cash flow growth for Renovare leading to improved EPS • Increased geographic presence in Europe and the West Coast of the United States • Significant product diversification to meet the needs of any organic waste generator including the addition of a soil amendm
Slide 12: Thank You
®D renovare environmental THANK YOU © erenovareénv BY _Renovare-Environmental © erenovareénv © @keni Env
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