$SIRC "Solar installer SIRC to buy roofing busines
Post# of 42161
(Total Views: 58)
Posted On: 02/27/2019 11:11:59 AM
$
SIRC
"Solar installer SIRC to buy roofing business in Southern California" Author: David TREBOSC. https://renewablesnow.com/news/solar-installe...ia-641036/
January 29 (Renewables Now) - US solar and roofing installer Solar Integrated Roofing Corporation (OTCMKTS:SIRC) plans to acquire a “well-established” sector player in South Orange County to grow its footprint in Southern California.
SIRC’s CEO David Massey said in a statement on Tuesday that the company has entered into a letter of intent (LoI) to buy this unnamed business, which is engaged in both residential roofing and some commercial buildings and apartment complexes. According to Massey, the firm’s client list is “positioned well to add solar too."
The targeted business generates roughly USD 3 million (EUR 2.6m) in revenues and has been operating over the past 18 years.
Massey added that two previously announced acquisitions are on track to close this month. One is a direct-mail company and the other -- a roofing business with annual revenues of over USD 4 million.
January 29 (Renewables Now) - US solar and roofing installer Solar Integrated Roofing Corporation (OTCMKTS:SIRC) plans to acquire a “well-established” sector player in South Orange County to grow its footprint in Southern California.
SIRC’s CEO David Massey said in a statement on Tuesday that the company has entered into a letter of intent (LoI) to buy this unnamed business, which is engaged in both residential roofing and some commercial buildings and apartment complexes. According to Massey, the firm’s client list is “positioned well to add solar too."
The targeted business generates roughly USD 3 million (EUR 2.6m) in revenues and has been operating over the past 18 years.
Massey added that two previously announced acquisitions are on track to close this month. One is a direct-mail company and the other -- a roofing business with annual revenues of over USD 4 million.
(0)
(0)
What I post is my opinion. Do your own DD. Make your own investment decision. Links, images, & retweets are not endorsements.
1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.
Scroll down for more posts ▼