SOURCE: Quest Resource Holding Corporation

Quest Resource Holding Corporation

September 09, 2015 07:00 ET

Quest Resource Continues the Rapid Expansion of Its 38,000 Client Locations With the Addition of 667 Full Service Auto Repair Centers

Multi-Year Agreement Expected to Generate More Than $3 Million in Annual Revenues

FRISCO, TX--(Marketwired - Sep 9, 2015) - Quest Resource Management Group, LLC, a subsidiary of Quest Resource Holding Corporation (NASDAQ: QRHC) ("Quest"), announced today that Quest added one of the largest nationwide chains of full service auto maintenance and repair centers to its portfolio of clients.

Under the three-year agreement, Quest will manage the recycling of used motor oil and other automotive waste streams including antifreeze, drummed waste, oil filters, oily water, and parts cleaners. Quest will also distribute bulk antifreeze and windshield washing fluid to the chain's 667 centers located throughout the U.S.

"Adding this national chain to our portfolio of clients further diversifies our sources of revenue and is a strong testament to the value our services provide in helping organizations achieve their environmental goals," said Brian Dick, Quest's Chief Executive Officer. "By partnering with Quest, our clients have a 'one-stop' solution for all of their recycling, sustainability, and waste disposal needs. With the addition of this auto maintenance and repair chain, Quest now manages comprehensive recycling solutions for over 11,600 automotive maintenance, dealerships and fleet terminals across the U.S. and Canada, an increase of 36% since the end of 2014."

This partnership further highlights Quest's ability to provide large automotive repair chains with a fair market price for waste material such as used motor oil.

"Partnering with our clients to help them weather the current volatility in the commodities markets and secure a fair market price for diligently minimizing their environmental footprint, are the key components to our value proposition and are clearly resonating with our target market," continued Brian Dick.

About Quest Resource Management Group, LLC
Quest Resource Management Group, LLC ("QuestRMG"), is a full service environmental consulting and management company, headquartered in Frisco, Texas. Quest RMG supports the efforts of companies to maximize profits and mitigate risks, while minimizing their ecological footprints. Quest RMG's clients span numerous industry segments, including food services, hospitality, healthcare, manufacturing, construction, automotive aftermarket, and fleet industries. QuestRMG provides clients with comprehensive sustainability programs, innovative recycling solutions, and environmental protection. Quest prides itself in delivering targeted solutions exclusively tailored to the needs of each respective client. QuestRMG is a subsidiary under the Quest Resource Holding Corporation portfolio of companies (NASDAQ: QRHC). (www.questrmg.com)

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