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Solar Integrated Roofing Corporation Signs LOI to Acquire 35 Year-Old Roofing Company; Nearly $5 Million Revenues
Solar Integrated Roofing Corporation Signs LOI to Acquire 35 Year-Old Roofing Company; Nearly $5 Million Revenues.
About this update from Solar Integrated Roofing Corporation
[{"type":"text","content":"\n\n\n\nSolar Integrated Roofing Corporation Signs LOI to Acquire 35 Year-Old Roofing Company; Nearly $5 Million Revenues\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSolar Integrated Roofing Corporation Signs LOI to Acquire 35 Year-Old Roofing Company; Nearly $5 Million Revenues\nPR Newswire\nPOWAY, Calif., Nov. 28, 2018\n\n\n\nPOWAY, Calif., Nov. 28, 2018 /PRNewswire/ -- Solar Integrated Roofing Corporation (OTCPINK: SIRC) CEO David Massey announced the company has signed an LOI to acquire a well-established roofing company with nearly $5 million in revenues.\n\"We couldn't be more enthusiastic about this deal,\" said Massey. \"This is a 35 year-old company with over 25,000 past clients that we can market our rooftop solar installations to. They fit in perfectly with our existing business model and have excellent profit margins as well.\"\nMassey added that significant progress has been made on acquisition deals previously announced. \"We have executed the Term Sheet on our large media company target and if all goes according to plan, we can also expect to close four of the acquisitions in 2018, with another three in Q1 of 2019. We are experiencing significant growth and building exceptional shareholder value!\"\nMassey will be appearing on MoneyTV with Donald Baillargeon this week to further discuss the company's acquisition activity and progress.\nAbout 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\nForward-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 re...