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POWAY, Calif., Sept. 12, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Solar Integrated Roofing Corporation (OTC PINK: SIRC) announced today that the company has completed the acquisition of McKay Roofing, a 40-year-old San Diego roofing company, with revenues of more than $5 million per annum.
David Massey, CEO of Solar Integrated, commented, “This is a very strategic acquisition for the company. McKay has a great legacy in the Southern California market. In addition to generating more than $5 million in revenues, McKay continues to proficiently manage their costs by generating 40% gross margins.”
Finally, Massey commented, “This acquisition brings with it a database of more than 30,000 clients which SIRC intends to cross-sell its solar solutions. We expect that this will increase SIRC’s revenues by 15%-25% per month.”
It is the Company’s intention to complete its audit in the very near future and begin the process of uplisting its shares to the QB or QX exchanges.
About Solar Integrated Roofing Corporation
Solar Integrated Roofing Corporation (SIRC) 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:
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