VRE Systems has been acquired by FirePower Private Equity.
“We are excited to have access to FirePower’s depth of expertise to steer the company through its next growth phase,” says John Staios, CEO of VRE. “Their desire to build and support us was evident from our first meeting, and we’re truly excited to capture and deliver on the opportunity in front of us and to become an even bigger part of our customers’ successes moving forward.”
Anthony Lipschitz, Partner at FirePower, said: “VRE is one of those companies we love to work with – they have a strong management team in a niche sector that is committed to building on the great base of operations already in place. We look forward to partnering with, and supporting, John Staios and the broader VRE team as they capitalize on the company’s significant growth opportunities and build the premier platform in the horticulture, agriculture, and retail sectors they serve.”
VRE will continue to operate in its location in Grassie, ON, with Anthony Lipschitz serving as VRE’s Chairman.