How Much Did Facility Engineering Services Raise?
Funding & Key Investors

Facility Engineering Services has secured $1.3M in total capital, with its most recent financing round bringing in $968K. This major strategic investment underscores the company's established position in the building automation and HVAC technology sector. The company's funding history, primarily consisting of debt financing, indicates a focus on operational scaling and infrastructure development. The latest funding event, dated February 11, 2021, follows a previous debt round on April 8, 2020, highlighting consistent access to capital for its enterprise-level operations.

What is Facility Engineering Services?

Facility Engineering Services
ConstructionConstruction ManagementArchitecture, Engineering & Design

Facility Engineering Services, founded in 1989 and headquartered in Reisterstown, Maryland, is a specialized provider of Building Automation Systems (BAS), HVAC, and related technology services. The company was established to offer responsive, technology-driven solutions to building owners and operators, differentiating itself from larger, less attentive competitors. A significant endorsement came in 1991 when Andover Controls, a major BAS manufacturer, designated Facility Engineering as its Certified Representative for Maryland, a partnership that has lasted over three decades. The company's expertise spans the design, upgrade, and installation of comprehensive BAS and mechanical-electrical infrastructure for a diverse clientele, including prominent institutions like Johns Hopkins Hospital and University, and the Department of the Army. Facility Engineering serves various facility types, including corporate offices, healthcare, educational, and government buildings, with project scopes ranging from $25,000 to $4,000,000. Its dedicated mechanical service division manages HVAC, chiller, cooling tower, and boiler services, notably for Baltimore County Public Schools.

How much funding has Facility Engineering Services raised?

Facility Engineering Services has raised a total of $1.3M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$968K

Debt (2020): $350K with participation from PPP

Debt (2021): $968K led by PPP

Key Investors in Facility Engineering Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Facility Engineering Services?

The recent major strategic investment in Facility Engineering Services signals a phase of accelerated growth and potential expansion of its service offerings or market reach. Given its long-standing reputation, established client base, and deep technical expertise in Building Automation Systems and HVAC, the company is well-positioned to leverage this capital. Future initiatives may involve enhancing its technology platforms, expanding its service territory, or further integrating advanced energy management solutions. The company's commitment to 'perfection with integrity' suggests that this new backing will be strategically deployed to reinforce its market leadership and operational excellence in serving complex facility needs.

See full Facility Engineering Services company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstruction
Architecture, Engineering & DesignConstructionIndustrial Machinery & EquipmentManufacturingBusiness ServicesResearch & DevelopmentProject Management
Construction ManagementConstruction
Construction ManagementConstructionConsumer ServicesRepair Services

Frequently Asked Questions Regarding Facility Engineering Services Financial Insights

What are the most recent funding rounds that Facility Engineering Services has completed, and what were the funding rounds?
Facility Engineering Services has recently completed 2 funding rounds: Debt on Feb 11, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Facility Engineering Services has raised to date?
Facility Engineering Services has raised a total of $1.3M in funding to date.
How many funding rounds has Facility Engineering Services completed?
Facility Engineering Services has completed 2 funding rounds.
How much funding did Facility Engineering Services raise in its most recent funding round?
Facility Engineering Services raised $968K in its most recent funding round.
Who are the lead investors in Facility Engineering Services's latest funding round?
The lead investor in Facility Engineering Services's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Facility Engineering Services's history?
The largest funding round in Facility Engineering Services's history was $968K.
See more information about Facility Engineering Services