Gaensel Energy Group Announces Acquisition of Powerful Business Solutions Platform for Small and Medium Enterprises with over $8M in Annual Revenues

Gaensel Energy, Inc., (OTC Pink: GEGR) ("the Company", "GEGR"), a diversified Holding Company, announces today the acquisition of Suite 110 SRL, https:www.suitecentodieci.it, providing dynamic solutions for Small and Medium Enterprises (SMEs), with annual revenues in excess of $8,000,000 USD.

Suite 110 SRL that provides an all-in-one CRM management, sales and marketing system, encrypted cloud storage for secure documents, project management, invoicing and accounting, warehouse, logistics and inventory optimization, connectivity for multi-bank and cash management, and a number of other features that provide businesses with a platform that streamlines operations in one secure platform.

Our founder and Director Helmut Gaensel states, "This is one of a number of active acquisition targets we have and continue to be negotiating and today we are pleased to have finalized the acquisition of this additional Company. Our management team has identified a number of companies and Intellectual Property ripe for acquisition and expansion as a result of the pandemic."

"The premier application in Suite 110's products is its CRM software. CRM is used to manage current customers and provide a pipeline of marketing outreach to future customers. The market for CRM software has demonstrated continued growth over the last decade with players like Salesforce, Zoho, Oracle and Microsoft, and is expected to grow exponentially over the next decade."

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7475/68746_fa4428e15482cbef_002.jpg

Key CRM Statistics
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7475/68746_fa4428e15482cbef_002full.jpg

"Previously, CRM has been majorly adopted by large enterprises only, but due to an explosion of pay-per-use SaaS (Software-as-a-Service), CRMs are quickly becoming a necessity for small businesses globally, and GEGR's Suite 110 intends to capture an impactful market share with its unique platform for SMEs, saving them a significant amount of time and money, increasing market opportunities, and eliminating HR, inventory and accounting headaches, all in one platform."

Mr. Gaensel adds, "Our Management Team and Directors are thrilled to have officially closed on Suite 110 and anticipate additional acquisition announcements as we close out 2020, with reasonable anticipation of over $200,000,000 USD in contracted revenues with thanks to our diversified holding model, and positioned for an additional $764M USD in revenues by end of January 2021 with thanks to our recently acquired General Contractor Petit Chateau and its financial contracts already approved by Italy's Agenzia Entrate (equivalent of the U.S. IRS)."

CRM INDUSTRY SNAPSHOT:

Customer Relationship Management (CRM) Software Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024.

The global market for customer relationship management (CRM) software should grow from $48.5 billion in 2019 to $85.8 billion by 2024 with a compound annual growth rate (CAGR) of 12.1% for the period of 2019-2024.

  • CRM software is now the biggest software market in the world and the growth isn't slowing down. In fact, CRM is now expected to reach more than $80 billion in revenues by 2024.
  • One of the key factors behind the growth of CRM is accessibility. Companies want access to customer data in real-time, with mobile and cloud solutions leading the way.
  • From customer service and email marketing to personalization, companies now expect to be able to connect platforms and technologies with customer data, in order to provide a more personalized experience.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/7475/68746_fa4428e15482cbef_003.jpg

CRM Software Revenue Forecast
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7475/68746_fa4428e15482cbef_003full.jpg

Forward-Looking Statement:

This press release includes "forward-looking statements" within the meaning of U.S. federal securities laws. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue" and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation inability to enter into a definitive agreement with respect to the proposed transaction or to complete the transactions contemplated by the non-binding term sheet, matters discovered by the parties as they complete their respective due diligence investigation of the other. Other factors include the possibility that the proposed transaction does not close, including due to the failure to receive required security holder approvals, or the failure of other closing conditions. The foregoing list of factors is not exclusive. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Contact Information: admin@gegrgroup.com

Gaensel Energy Group Website https://www.gegrgroup.com

Gaensel on Twitter: https://twitter.com/gegrgroup

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/68746

News Provided by Newsfile via QuoteMedia

The Conversation (0)
CHARBONE Hydrogen Provides Update on Flagship Sorel-Tracy Project, Achieving Multiple Key Milestones This Week

CHARBONE Hydrogen Provides Update on Flagship Sorel-Tracy Project, Achieving Multiple Key Milestones This Week

(TheNewswire)

The CHARBONE team announced onsite construction progress at its Sorel-Tracy flagship, preparing for equipment deliveries and the start of production.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Charbone Hydrogene annonce des mise-a-jour sur le projet phare de Sorel-Tracy, franchissant plusieurs etapes cles cette semaine

Charbone Hydrogene annonce des mise-a-jour sur le projet phare de Sorel-Tracy, franchissant plusieurs etapes cles cette semaine

(TheNewswire)

L'équipe Charbone a annoncé l'avancement des travaux de construction sur le site de son projet phare de Sorel-Tracy, se préparant aux livraisons d'équipements et au début de la production.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Helium molecules and Canada flag.

Helium Stocks: 5 Biggest Canadian Companies in 2025

Demand for helium is rising alongside the semiconductor, healthcare and nuclear energy sectors.

Produced from natural gas wells, helium is an odorless, colorless, non-toxic, non-combustible and non-corrosive gas. While it may bring to mind birthday balloons, the element is an important industrial gas due to its cooling properties.

Helium has several critical applications across various industries witnessing market growth, including the manufacturing of semiconductors and electronics, medical imaging and nuclear power generation.

Keep reading...Show less
Provaris

RaaS Research Sees Major Upside for Provaris’ Hydrogen Play

Description:

Provaris Energy’s (ASX:PV1,OTC:GBBLF) innovative hydrogen storage technology presents a compelling investment opportunity leveraging the global transition to low-carbon energy, a recent analyst report from RaaS Research Group said.

Provaris’ ‘storage tank’ IP enables greater volumes of compressed gases to be transported at lower cost, underpinning a fundamental change in the economics of the hydrogen supply chain, according to the report.

Keep reading...Show less
Westport Announces Closing of Previously Announced Light-Duty Segment Divestiture

Westport Announces Closing of Previously Announced Light-Duty Segment Divestiture

Westport Fuel Systems Inc. ("Westport" or the "Company") (TSX:WPRT Nasdaq:WPRT), today announced the successful closing of the previously announced transaction to divest its Light-Duty Segment and outlines its strategic vision for future growth, emphasizing expansion of market share, entering new markets and right sizing its current operations.

Today, Westport closed the sale of the Light-Duty Segment to a wholly-owned investment vehicle of Heliaca Investments Coöperatief U.A. ("Heliaca Investments"), a Netherlands based investment firm supported by Ramphastos Investments Management B.V., a prominent Dutch venture capital and private equity firm (the "Transaction"). The Transaction, initially announced on March 31, 2025, includes the sale of Westport Fuel Systems Italia S.r.l., encompassing the Light-Duty OEM, delayed OEM, and independent aftermarket businesses. Total consideration for the assets was a base price of approximately $79.5 million (€67.7 million), subject to certain adjustments, along with potential earnouts of up to a revised estimate of $3.9 million (€3.3 million) based on future performance milestones.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×