What is Diesel Plus?
Diesel Plus, based in Ringgold, GA, is a comprehensive diesel repair specialist established in 2001 by Mike Perkins. The company caters to a diverse clientele, offering extensive services for trucks, Sprinter vans, farm tractors, and generators. Their expertise spans critical areas such as fuel system repair, turbocharger servicing, brake maintenance, and mandatory DOT inspections. Notably, Diesel Plus operates a Bosch-approved fuel shop, ensuring high standards for fuel system diagnostics and repair. The firm's commitment to quality, reliability, and superior customer service has positioned it as a trusted provider for vehicle owners, RV enthusiasts, and agricultural operators requiring specialized diesel equipment maintenance.
How much funding has Diesel Plus raised?
Diesel Plus has raised a total of $305K across 2 funding rounds:
Debt
$150K
Debt
$155K
Debt (2020): $150K with participation from PPP
Debt (2021): $155K led by PPP
What's next for Diesel Plus?
The recent major strategic investment signals a new phase of growth and development for Diesel Plus. This capital infusion is likely to fuel expansion initiatives, potentially including the enhancement of service capabilities, technological upgrades for diagnostics and repair, and broader market reach. Given the company's late-stage funding context, strategic partnerships or acquisitions may also be on the horizon, further solidifying its market position and operational efficiency in the competitive diesel service industry.
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