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Add-on Acquisition • Business Services

Solar Integrated Roofing Acquires Balance Claims

On April 20, 2021, Solar Integrated Roofing acquired business services company Balance Claims

Acquisition Context
  • This is Solar Integrated Roofing’s 1st transaction in the Business Services sector.
  • This is Solar Integrated Roofing’s 2nd transaction in the United States.
  • This is Solar Integrated Roofing’s 1st transaction in Indiana.

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M&A Deal Summary
Date April 20, 2021
Target Balance Claims
Sector Business Services
Buyer(s) Solar Integrated Roofing
Deal Type Add-on Acquisition

Target Company

Balance Claims

Indianapolis, Indiana, United States
Balance Claims provides contracting businesses with full-service claims administration, estimates, and advisory and technology services. Balance Claims help contractors save time and money by allowing them to offload the management of their claims administration entirely, or learn how to handle their own administration the right way for fair, compliant results. Balance Claims was founded in 2015 and is based in Indianapolis, Indiana.
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Buyer Overview 1

Buyer

Solar Integrated Roofing

San Marcos, California, United States
Category Company
Sector Business Services
DESCRIPTION

Solar Integrated Roofing Corp. 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.

Deal Context for Buyer #
Overall 2 of 2
Sector: Business Services 1 of 1
Type: Add-on Acquisition 2 of 2
State: Indiana 1 of 1
Country: United States 2 of 2
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-28 Milholland Electric

Poway, California, United States

Milholland Electric, Inc. is a solar company. Milholland offers a customized solar-plus-battery solution that enables you to access the free, abundant power of the sun and reduces your reliance on fossil fuels. Milholland Electric, Inc. was established in 1990 and is based in Poway, California.

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