Cleantech Stock News: Solar Integrated Roofing (OTC: $SIRC) Closes Acquisition, Finalizing Buildout of Unified Backoffice Capabilities; @SIRCStock
EL CAJON, CA – May 5, 2021 (Investorideas.com Newswire) Solar / EV stock news from Investorideas.com Newswire and RenewableEnergyStocks.com – Solar Integrated Roofing Corp. (OTC: SIRC), a one-stop integrated solar energy and roof installation company, today announced the completion of its acquisition of Balance, LLC, a business process outsourcing (BPO) company. This completed the expansion of the company’s unified back office functions to support all recent and future acquisitions.
Founded in 2015, Balance is a BPO company focused solely on helping contractors run their businesses as efficiently and effectively as possible. Balance is one of the most admired brands serving the contract industry in the United States. To date, Balance has service relationships with over 900 contractors across the country providing industry-leading administrative, appraisal, supplement, back office, billing and project file management for over 30,000 jobs.
“We are pleased to have completed our acquisition of Balance so quickly and to provide the critical backend to support our aggressive acquisition strategy,” said David Massey, chief executive officer of Solar Integrated Roofing Corporation. “Troy Clymer, Head of Balance, will prove invaluable as we scale. He implements best practices in all SIRC portfolio companies to ensure efficient processes and maximum synergies. I look forward to working with Troy and the Balance team to work together and move forward in the long term. ” Term value creation for our shareholders. “
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC: SIRC) is an integrated solar and rooftop installation company specializing in commercial and residential real estate in the United States. The company’s wide range of solutions includes the sale and installation of solar systems, battery backup and charging stations for electric vehicles (EV) for roofers, HVAC and related electrical installation work. For more information, please visit the company’s website at www.solarintegratedroofing.com.
All statements made in this press release that are not historical facts contain certain forward-looking statements. As such a term is defined in the Private Security Litigation Reform Act of 1995, which addresses potential developments that have an impact on the business, prospects, financial condition and other aspects of the company to which this news release relates. Actual results on the specific items described in this press release, and the company’s business in general, could differ materially from those projected in such forward-looking statements. While such statements are based on the best estimates of the company’s management as of the date of this publication, material differences in size, timing, and other factors could result from business risks and uncertainties, including, without limitation, the company’s reliance on third parties. General market and economic conditions, technical factors, availability of debt capital, receipt of income, and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in forward-looking statements. This press release is not intended as a general solicitation.
Investor Relations Contact:
Lucas A. Zimmerman
Senior Vice President
MZ North America
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