POWAY, Calif., Jan. 10, 2019 /PRNewswire/ — Solar Integrated Roofing Corp (SIRC) “The Company” is pleased to provide investors an update on the first acquisition planned for 2019 and announced in December. A term sheet has been agreed upon by both parties concerning the acquisition of a 35 year old, San Diego County based Roofing company. This roofing company had revenues of $4.2 million for fiscal 2017 and experienced further growth in 2018 with estimated annual revenues of $4.4 million. “This is but the first acquisition planned by the Company for first quarter 2019. It will add millions to our 2019 revenues and for years to come,” commented David Massey, CEO of SIRC. Massey continued, “When assessing the synergies of the roof and solar panel install process, it is very advantageous for us to acquire long-established & profitable roofing companies. We’ll be able to offer solar installs to their past, current, and future customers.”
About Solar Integrated Roofing Corporation
Solar Integrated Roofing Corporation (SIRC) is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally. For more information, please visit: www.solarintegratedroofingcorp.com
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