What is Ace Electrical Systems?
Ace Electrical Systems, Inc. is a seasoned electrical contractor with a specialization in commercial projects, particularly for restaurants, retail spaces, and warehouses. Established in 1994, the company has built a robust portfolio, including extensive work with national brands like McDonald's, completing over 200 new restaurant constructions. Their service offerings span new builds, renovations, and remodels, emphasizing a commitment to quality and client satisfaction. Operating 24/7 and licensed across 10 states, Ace Electrical Systems demonstrates a capacity for large-scale, multi-state operations.
How much funding has Ace Electrical Systems raised?
Ace Electrical Systems has raised a total of $357K across 2 funding rounds:
Debt
$150K
Debt
$207K
Debt (2020): $150K with participation from PPP
Debt (2021): $207K led by PPP
What's next for Ace Electrical Systems?
The substantial late-stage funding and strategic investment indicate Ace Electrical Systems is poised for significant growth. This capital infusion is likely to fuel expansion into new geographic markets, enhance operational capabilities, or potentially support strategic acquisitions within the commercial construction and electrical services industry. The company's proven track record with major national brands positions it well to leverage this financing for further market penetration and service diversification.
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