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Solar Integrated Roofing to Acquire San Diego Roofing and Solar Company
Thursday 22 August 2019

22 August 2019 - California, US-based solar and roofing installation company Solar Integrated Roofing Corp. (OTC: SIRC) has signed a letter of intent to acquire one of the oldest roofing and solar companies in San Diego, the company said.

Terms of the deal were not disclosed.

Massey also noted that the company being acquired is very profitable, with revenues approaching USD 12m annually.

Closing is expected to occur within the next month, upon completion of due diligence.

Solar Integrated Roofing Corp. is an integrated solar and roofing installation company specialising in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally.
Date Published: 22/08/2019
Target: Undislosed San Diego roofing and solar company
Country: USA
Sector: Construction/Real Estate
Type: Corporate acquisition
Status: Agreed
Buyer: Solar Integrated Roofing Corp
Terms of the deal were not disclosed