LifeQuest World Corp. (OTCID: LQWC) announced the completion of its acquisition of an established Pacific Northwest waste management equipment company, effective June 12, 2026. The all-equity transaction, structured with no cash consideration at closing, 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, has been a multi-decade operator in the commercial waste management equipment sector, serving businesses, institutions, and municipalities throughout Oregon, Washington, Idaho, and Montana. With the closing, it becomes a wholly-owned component of LifeQuest, joining BioPipe Global Corp. in the company’s growing portfolio of environmental infrastructure businesses.
Financially, the acquisition adds approximately $3.5 million in annual revenue for fiscal year 2025, based on combined revenues from equipment sales and service, 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, but after excluding non-recurring, non-cash charges—a $94,200 inventory write-down and $121,000 in capital equipment expensed—normalized combined pre-tax income was approximately $211,000, highlighting underlying profitability. As of December 31, 2025, the acquired business also held $581,665 in deferred revenue, providing revenue visibility for fiscal 2026, and had total assets of approximately $1.9 million with total equity of about $927,000 and no long-term debt.
Max Khan, CEO of LifeQuest, will serve as CEO of both acquired entities. “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,” Khan said. “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.”
The acquisition creates a three-subsidiary holding company spanning commercial waste management, equipment rental, and decentralized wastewater treatment. BioPipe Global Corp., LifeQuest’s wholly-owned subsidiary, offers the Biopipe STP, a patented biological wastewater treatment system that produces no sludge and requires no chemicals, with approximately 52 treatment plants installed across 11 countries. More information is available at www.biopipe.co.
Management outlined a strategic roadmap following the acquisition. LifeQuest intends to engage a PCAOB-registered auditor for a full consolidated audit, then file a Form S-1 or Form 10 with the SEC to become a fully registered reporting company. The company also plans to call a special shareholder meeting to seek approval for a 1-for-40 reverse stock split to meet the minimum bid price for OTCQB listing, followed by an application to uplist to the OTCQB Venture Market. “Our roadmap is clear, and this acquisition is the catalyst that makes it achievable,” Khan said. “The revenue foundation that the acquired business provides is essential for a credible SEC registration and OTCQB uplisting process.”
LifeQuest World Corp. is a diversified environmental and industrial services holding company incorporated in Minnesota and headquartered in Ridgefield Park, New Jersey. For more information, visit www.lifequestcorp.com.
