QE2 Acquisition Corp.

QE2 Acquisition Corp.

June 07, 2013 07:30 ET

QE2 Acquisition Corp. Announces Launch of Company

CALGARY, ALBERTA--(Marketwired - June 7, 2013) - QE2 Acquisition Corp. ("QE2") is pleased to announce the official launch of QE2. QE2 is a Canadian company which will acquire a diversified range of profitable, well-managed private service businesses, primarily based in Alberta, Canada.

The Alberta government has made a commitment to maintain and improve existing infrastructure and has laid out aggressive plans to construct new infrastructure over the next 20 years. As such, the current economic landscape in the Alberta services sector has allowed us to recognize an opportunity for consolidation of existing private service businesses within certain sub-sectors. We are confident that we can improve the efficiency and effectiveness of those suppliers by focusing and aligning their strategies, accelerating their growth and improving their return on capital. The mandate of QE2 is to grow its annual revenues to $50 million by 2016.

QE2 has a simple growth strategy: we aim to grow QE2 by acquiring profitable, growing private service businesses with a track record of consistent profitability in markets where opportunities exist for continued growth. Revenues not only grow through accretive acquisitions, but also through organic growth from synergies realized by integration opportunities and availability of capital.

Our vision is to create a midstream service provider that takes advantage of these integration opportunities. Our current team is small, organized and motivated and is executing on this vision.

"We will leverage our 20 plus years of M&A experience in capital markets to deliver solid yield and growth opportunity for ourselves and our investors," said Mike Belantis, President and Chief Executive Officer of QE2.

Our business development team is actively searching and assessing mergers and acquisition opportunities that meet our very specific set of key criterion.

About QE2 Acquisition Corp.

QE2 is a leading Canadian company with a view to acquiring a diversified range of profitable, well-managed private service businesses - primarily based in Alberta, Canada. QE2's website is www.qe2corp.com.

Mike Belantis, President and CEO

This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated timing for the implementation of the growth strategy of QE2 by way of acquisitions. The forward-looking statements contained in this document are based on certain key expectations and assumptions made by QE2, including with respect to the anticipated timing for acquiring existing private service businesses. Although QE2 believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because QE2 can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks.

These risks include, but are not limited to, the fact that the future availability of capital on favourable terms, may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of QE2. The forward-looking statements contained in this document are made as of the date hereof and QE2 undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

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