LifeQuest World Corp. (OTCID: LQWC) announced the completion of its acquisition of an established Pacific Northwest waste management equipment company, adding approximately $3.5 million in annual revenue and establishing a diversified environmental services platform. The transaction, structured as an all-equity acquisition, closed effective June 12, 2026, and immediately transforms LifeQuest from a development-stage holding company into a revenue-generating, multi-subsidiary environmental services platform with operations spanning the United States, Europe, Africa, Asia, and the Middle East.
The Acquired Business, comprising two Oregon corporations operating under common ownership, is a multi-decade operator in the commercial waste management equipment sector, serving businesses, institutions, and municipalities throughout Oregon, Washington, Idaho, and Montana. Its addition to LifeQuest’s portfolio creates a three-subsidiary holding company, joining BioPipe Global Corp., a decentralized wastewater treatment technology company. Max Khan, CEO of LifeQuest, stated, "This acquisition is a transformational step for LifeQuest. The Acquired Business brings immediate, established revenue, a loyal Pacific Northwest customer base, and a proven team to our platform. Combined with BioPipe’s global wastewater treatment technology, we are now uniquely positioned at the intersection of two of the world’s most urgent environmental challenges - clean water and sustainable waste management."
For the fiscal year ended December 31, 2025, the Acquired Business generated combined revenues of approximately $3.5 million, reflecting a diversified revenue base across equipment sales and service, equipment rentals, installation, preventive maintenance contracts, and specialty cleaning services. On a GAAP basis, the combined entities reported a net loss before income taxes of approximately $(4,400) for fiscal 2025, after two significant non-recurring, non-cash charges: a non-cash inventory write-down of approximately $94,200 and approximately $121,000 in capital equipment that management elected to expense. Excluding these items, normalized combined pre-tax income was approximately $211,000 (non-GAAP), demonstrating underlying earnings capacity. As of December 31, 2025, the Acquired Business held $581,665 in deferred revenue, providing meaningful revenue visibility for fiscal 2026.
LifeQuest intends to pursue a PCAOB audit of the consolidated enterprise, file a Form S-1 or Form 10 with the SEC, conduct a 1-for-40 reverse stock split, and apply for listing on the OTCQB Venture Market. "Our roadmap is clear, and this acquisition is the catalyst that makes it achievable," said Khan. More information is available at www.lifequestcorp.com and www.biopipe.co.
