Petersen-Dean, Inc. has acquired OCR Solar & Roofing, strenghtening its position as one of the largest solar and roofing contractors in California and the U.S.
As part of the acquisition, Petersen-Dean will also form a new subsidiary company, PD Solar, Inc., providing turn-key solar solutions for both residential and commercial applications. Headquartered in Newark, California, Petersen-Dean operations include 20 field offices located throughout California, Arizona, Nevada, Texas and Florida.
Financial terms of the deal were not disclosed.
The Vacaville-based company OCR has a broad reach for solar and roofing in Northern California and particular expertise in new home construction.
Senior leadership at OCR will help run Petersen-Dean roofing projects in Northern California and be instrumental in developing the new PD Solar, according to a release.