Breaking
#Solar #Stock News -Solar Integrated Roofing ( OTC: $SIRC) to Acquire #HomeImprovement
Marketing Innovator Approved Home Pros; @SIRCStock
Multi-Platform Media Production and
Distribution with “Pro Finder” Tool Estimated to Fuel $11 Million Organic
Growth
EL CAJON, CA / July 21, 2021 / Solar
stock news from Investorideas.com Newswire and RenewableEnergyStocks.com
- Solar Integrated Roofing Corp. (OTC: SIRC), an
integrated solar and roofing installation company, announced plans to acquire
Approved Home Pros, the producer of popular and respected home improvement
television and radio shows based around their proprietary Pro Finder contractor
screening, vetting and referral service.
The acquisition includes plans to expand Approved Home Pros media and
marketing operations to generate a high volume of high value leads for the SIRC
family in core categories of Residential Solar and Roofing.
Read
this news featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/07211SIRC-Approved-Home-Pros.asp
As part of a clear strategy by Solar Integrated Roofing
to fuel organic growth, the acquisition is estimated to generate $11 million in
added revenue. This expected growth is
due, in large part, to the tremendous synergy between SIRC’s current holdings
and Approved Home Pros specialized media content and Pro Finder referral
service. In addition to the impact on revenue
from increased SIRC lead volume, Approved Home Pros also generates revenue from
leads that are sold to companies in categories not serviced by SIRC.
David Massey, Chief Executive Officer of Solar
Integrated Roofing Corp, commented, “Approved Home Pros was a major factor in
the sustained growth and brand power of Milholland Electric Inc (acquired by
SIRC in 2020). Now, we can leverage this
proven asset to generate added revenue for several of our holdings. Additionally, Approved Home Pros TV, Radio
and Digital platforms provide avenues to deliver the marketing message of all
the brands in the SIRC family.”
For almost a decade, Approved Home Pros has provided
consumers with tips, advice and inspiration for home improvement and home
maintenance via television, radio, and digital platforms. Consumers in turn use Approved Home Pros “Pro
Finder” tool to search for, and connect with, an exclusive group of contractors
and products that have passed their proprietary screening and vetting system. Approved Home Pros founder Sean Johnson will continue
as division president following the completion of the acquisition on July 31,
2021.
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:
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.
Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us
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