What is ACMAT?
ACMAT Corporation, founded in 1950 and headquartered in Farmington, Connecticut, is a provider of surety bonds primarily serving construction contractors across the United States. The company's offerings encompass a wide range of surety bonds, including those for prime and sub-prime contractors, specialty trades, environmental remediation (asbestos, lead abatement), and various miscellaneous obligations such as workers' compensation, supply, subdivision, and license/permit bonds. ACMAT's long-standing presence and comprehensive product suite position it as a key player in the niche surety market.
How much funding has ACMAT raised?
ACMAT has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in ACMAT
PPP
Public-Private Partnership
What's next for ACMAT?
The recent major strategic investment, as part of ACMAT's large-scale late-stage funding, suggests a focus on continued expansion and strengthening its market leadership. This capital infusion is likely to support operational enhancements, potential acquisitions, or further diversification of its surety offerings to meet evolving industry demands. ACMAT's strategic financial maneuvers indicate a commitment to sustained growth and reinforcing its competitive advantage in the construction surety sector.
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