Solar Integrated Roofing Corporation (OTC PINK: SIRC) announced they have signed a Letter-of-Intent to acquire a unique specialty subcontracting firm, headquartered in Agoura Hills, California.
The company has developed a stellar reputation for quality work in Los Angeles’ most exclusive neighborhoods on the west side, such as Beverly Hills, Bel Air, Hollywood Hills, Pacific Palisades, Malibu and Santa Monica. Specializing in the exterior work on new custom homes and estates, the firm has performed work for many “A-List” luminaries and celebrities, such as Magic Johnson, Cher, Ben Stiller, Dwight Yoakum and Kelsey Grammer. The company’s range of services include all manner of waterproofing, custom sheet metal, all types of siding, roofing and exterior carpentry.
2016 revenues came in at just under $2 million.
Solar Integrated Roofing Corporation CEO Dave Massey said, “We’re excited to move forward with this acquisition and propel our continued growth curve with this expansion into the affluent Los Angeles basin. We firmly believe we can double their revenues in 2017 to $4 million, by adding our solar expertise and marketing, as well as increasing the company’s custom homebuilder client base.”
For more information, please visit: www.solarintegratedroofingcorp.com
