Solar Integrated Roofing Corporation Enters Agreement to Acquire One of San Diego's Most Prominent Roofing & Solar Companies,
August 19 2019 - 7:53AM
InvestorsHub NewsWire
Solar Integrated Roofing Corporation Enters
Agreement to Acquire One of San Diego’s Most Prominent Roofing
& Solar Companies, with Nearly $12 Million Annual
Revenues.
POWAY, CA -- August 19,
2019 -- InvestorsHub NewsWire -- Solar Integrated Roofing
Corporation (OTC PINK:
SIRC) CEO David Massey announced the company has signed a
Letter of Intent to acquire one of the oldest and most prominent
roofing and solar companies in San
Diego.
“This acquisition brings
with it a legacy in the industry that is unsurpassed in San Diego”,
said Massey. “We’re extraordinarily proud that they have agreed to
join us. The deal has two advantages for SIRC. Not only are we
acquiring the business, but the owner of the company will be coming
aboard as our new President. He is a person of the highest
integrity and is recognized as a top talent in the industry. He is
well experienced in not only solar and roofing, but also electrical
and storage. He is one of the area’s only Tesla Certified Battery
wall installers. All parties involved are very enthusiastic over
the enormous and limitless potential set before
us!"
Massey also noted that the
company being acquired is very profitable, with revenues
approaching $12 million annually. Closing is expected to occur
within the next month, upon completion of due
diligence.
“I’ve said this before”,
added Massey, “but it’s worth repeating. We’re in the middle
of a truly milestone period of growth for
SIRC!"
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
Forward-Looking
Statements:
Any statements made in
this press release which are not historical facts contain certain
forward-looking statements; as such term is defined in the Private
Security Litigation Reform Act of 1995, concerning potential
developments affecting the business, prospects, financial condition
and other aspects of the company to which this release pertains.
The actual results of the specific items described in this release,
and the company's operations generally, may differ materially from
what is projected in such forward-looking statements. Although such
statements are based upon the best judgments of management of the
company as of the date of this release, significant deviations in
magnitude, timing and other factors may result from business risks
and uncertainties including, without limitation, the company's
dependence on third parties, general market and economic
conditions, technical factors, the availability of outside capital,
receipt of revenues and other factors, many of which are beyond the
control of the company. The company disclaims any obligation to
update the information contained in any forward-looking statement.
This press release shall not be deemed a general
solicitation.
Contact:
Marlena LeBrun
760-566-9116
marlenalebrun@gmail.com
facebook.com/SolarIntegratedRoofingCorporation
instagram.com/Solar_Integrated_Roofing_Corp
twitter.com/SIRCStock
linkedin.com/company/sirc-stock
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