Breaking
#Solar #Stock News - Solar Integrated Roofing Corporation (OTCPINK: $SIRC) Finalizes
Acquisition Agreement with Milholland Solar Electric and Roofing
Acquisition
Expected to Add More Than $10 Million in Revenues Per Year
December 3, 2019 - POWAY,
CA.- (Investorideas.com Newswire and
RenewableEnergyStocks.com) Solar
Integrated Roofing Corporation (OTCPINK: SIRC), 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, announced today that the company has finalized
its terms and acquisition agreement with Milholland Solar Electric and Roofing.
Milholland expects to generate approximately $10 million in revenues for 2019.
Read this in full
at https://www.investorideas.com/news/2019/renewable-energy/12031OTCPINKSIRC-Acquisition.asp
David
Massey, CEO of SIRC, commented, “we continue to execute on our business plan by
finalizing our terms for acquiring Milholland capping an incredible period of
growth for SIRC in 2019. Milholland is one of the most respected and lauded solar/roofing
companies in Southern California. In 2016, Milholland was recognized
by INC 5000 as one of the country’s fastest growing private
companies, ranked number 998 in the United States.”
Commenting
further, Massey said, “once closed, the value-added of this acquisition is
much more than the revenue and the net profit to SIRC. Brian Milholland
brings solar expertise, engineering skills, and a very capable team which adds
to the foundation we are building here at SIRC. They are the piece we need to
take advantage of the new solar building codes in California and give us the
ability to scale and take on any and all projects. Adding this with our solar
marketing company makes our growth potential limitless.”
Finally,
Massey commented, “we are growing and becoming one of the leading solar/roofing
companies in the Southern California markets and expect to continue to build on
this foundation heading into 2020. By continuing to build our solar/roofing
business, we continue to build shareholder value.”
Brian Milholland founded Milholland Solar Electric and Roofing in 1990. A
former 82nd Airborne Division Paratrooper in the US Army, Brian
holds contractor’s licenses in California and Arizona. In 2012, Brian was a BBB
Torch Awards for Ethics finalist and was named 2015 SBA California
Small Business Person of the Year. He is also a SunPower Master
Dealer and Tesla Certified Powerwall Installer.
About Solar Integrated Roofing
Corporation
Solar Integrated
Roofing Corporation 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:
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
https://www.facebook.com/secureroofingandsolar/
https://www.linkedin.com/company/sirc-stock/about/
Contact:
Marlena LeBrun
760-566-9116
marlenalebrun@gmail.com
https://www.facebook.com/secureroofingandsolar/
https://www.linkedin.com/company/sirc-stock/about/
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