What is Engineered Solutions?
Engineered Solutions, Inc., founded in 1987 in Nashville, Tennessee, is a specialized engineering and modifications company. It was established by power industry professionals with extensive expertise in plant operations and instrumentation and control (I&C) design, implementation, and testing. The company operates as a consortium, emphasizing a cost-effective, human-engineered approach to modernizing I&C systems for the power utility and process control industries. With a team of over sixty engineers and technical support personnel, Engineered Solutions has a proven track record of successfully completing both large integrated projects and smaller, specialized ventures. Their business model prioritizes keeping overhead costs low and focusing on personal development and customer attention, enabling them to remain cost-competitive without compromising quality. This dedication to a team-based approach has resulted in low turnover and high dedication among its personnel, with ready-made teams that have developed over years of collective project performance.
How much funding has Engineered Solutions raised?
Engineered Solutions has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Engineered Solutions
PPP
Public-Private Partnership
What's next for Engineered Solutions?
The recent major strategic investment in Engineered Solutions signals a phase of accelerated development or expansion. Given the company's history of operational problem-solving and cost-effective modernization, this capital infusion is likely to fuel advancements in their service offerings, potentially expanding their reach into new markets or enhancing their technological capabilities. The company's established consortium model and focus on specialized engineering solutions position it well to leverage this new backing for strategic growth and continued innovation in the power and process control sectors.
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