What is Criterium Engineers?
Founded in 1957 and headquartered in Freeport, Maine, Criterium Engineers is a long-standing provider of institutional engineering and environmental real estate consulting services. The company offers a comprehensive suite of services including property condition assessments, Phase I environmental site assessments, construction monitoring, energy evaluation, cost segregation, reserve studies, and general consulting. Its diverse client base spans lenders, real estate investment trusts (REITs), corporate real estate owners, private investors, government entities (including HUD/FHA), government-sponsored enterprises, insurance companies, manufacturers, and community associations, underscoring its broad market reach and established reputation.
How much funding has Criterium Engineers raised?
Criterium Engineers has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Criterium Engineers
PPP
Public-Private Partnership
What's next for Criterium Engineers?
The recent strategic investment, occurring within the context of large-scale late-stage funding, suggests Criterium Engineers is poised for significant growth and potential market consolidation. This capital infusion is likely to fuel strategic initiatives, such as expanding service offerings, enhancing technological capabilities for assessments, or broadening its geographic footprint. The company's established history and diverse client portfolio provide a strong foundation for leveraging this investment to further solidify its position as a leader in engineering and environmental real estate consulting.
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