How Much Did Ace Temperature Control Raise?
Funding & Key Investors

Ace Temperature Control, a cornerstone of the Central Massachusetts climate management sector, has successfully secured a total capital infusion of $472K. This latest financial milestone, characterized by a $322K major strategic investment, underscores the firm's enduring market relevance and operational resilience. By leveraging debt financing, the company continues to fortify its balance sheet, ensuring that its long-standing commitment to residential and commercial HVAC excellence remains supported by robust fiscal health.

What is Ace Temperature Control?

Ace Temperature Control
ConstructionConstruction ManagementConsumer Services

Established in 1963, Ace Temperature Control has evolved from a local service provider into a comprehensive HVAC and commercial refrigeration authority. Based in Worcester, MA, the firm distinguishes itself through a combination of deep technical expertise and a customer-centric service model that includes 24/7 emergency support and workmanship guarantees. The company occupies a critical niche in the regional infrastructure market, providing essential climate control solutions that prioritize energy efficiency and system longevity for a diverse client base. Their longevity in the industry serves as a testament to their ability to adapt to shifting technological standards while maintaining the personalized care expected of a locally owned enterprise.

How much funding has Ace Temperature Control raised?

Ace Temperature Control has raised a total of $472K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$322K

Debt (2020): $150K with participation from PPP

Debt (2021): $322K led by PPP

Key Investors in Ace Temperature Control

PPP

Public-Private Partnership

What's next for Ace Temperature Control?

With the recent influx of capital, Ace Temperature Control is positioned to scale its service operations and potentially expand its footprint within the competitive New England HVAC landscape. The strategic deployment of these funds will likely focus on enhancing service delivery capabilities, upgrading diagnostic technologies, and potentially increasing workforce capacity to meet the rising demand for high-efficiency climate control systems. As the company moves into its next phase of growth, the focus remains on maintaining the high standards of reliability that have defined its six-decade history, while simultaneously exploring opportunities for operational optimization and market penetration in the commercial refrigeration sector.

See full Ace Temperature Control company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstruction
Construction ManagementConstruction
Construction ManagementConstruction
Architecture, Engineering & DesignConstruction

Frequently Asked Questions Regarding Ace Temperature Control Financial Insights

What are the most recent funding rounds that Ace Temperature Control has completed, and what were the funding rounds?
Ace Temperature Control has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Ace Temperature Control has raised to date?
Ace Temperature Control has raised a total of $472K in funding to date.
How many funding rounds has Ace Temperature Control completed?
Ace Temperature Control has completed 2 funding rounds.
How much funding did Ace Temperature Control raise in its most recent funding round?
Ace Temperature Control raised $322K in its most recent funding round.
Who are the lead investors in Ace Temperature Control's latest funding round?
The lead investor in Ace Temperature Control's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ace Temperature Control's history?
The largest funding round in Ace Temperature Control's history was $322K.
See more information about Ace Temperature Control