What is Atlantic Electric?
Founded in 1969 and headquartered in South Carolina, Atlantic Electric operates as a comprehensive electrical contractor. The company specializes in commercial, industrial, and institutional electrical installations, alongside advanced data and fiber optic cable deployment. Holding unlimited electrical contracting and utility licenses in South Carolina, Atlantic Electric is equipped to manage large-scale projects. Its strong reputation in the Charleston area is built on the successful execution of thousands of electrical projects, serving a broad spectrum of clients across the state.
How much funding has Atlantic Electric raised?
Atlantic Electric has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Atlantic Electric
PPP
Public-Private Partnership
What's next for Atlantic Electric?
The recent major strategic investment signals a pivotal phase for Atlantic Electric, likely aimed at expanding its operational capacity, enhancing technological capabilities, or pursuing new market opportunities. This capital infusion is expected to fuel further growth and solidify its position as a leading provider of electrical contracting services, particularly within the commercial and industrial domains. The company's commitment to professional development, evidenced by its role in the Tri-County Apprenticeship committee, suggests a focus on long-term workforce development alongside its expansion plans.
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