What is Ace Supply?
Founded in 1958, Ace Supply Company has cultivated a strong reputation as a family-owned and locally operated business serving commercial and residential HVAC contractors and sheet metal professionals. The company is a leading wholesale distributor of HVAC and sheet metal equipment and supplies, with a significant presence in the Twin Cities and the broader Upper Midwest region. Ace Supply is committed to delivering exceptional service and fostering robust partnerships, aiming to be the preferred choice for distributors by consistently earning customer trust and supporting their business development.
How much funding has Ace Supply raised?
Ace Supply has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Ace Supply
PPP
Public-Private Partnership
What's next for Ace Supply?
The substantial capital infusion, highlighted by the recent strategic investment, positions Ace Supply for accelerated growth and enhanced market penetration. As a company with a long-standing history and a clear focus on operational excellence, this financing is expected to fuel strategic initiatives, potentially including inventory expansion, technological upgrades, and broader market outreach. Ace Supply's commitment to supporting its customers' growth, coupled with this significant financial backing, suggests a forward-looking strategy aimed at solidifying its leadership in the HVAC and sheet metal supply industry.
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