What is Fick & Sons?
Fick & Sons is a long-standing provider of essential energy products, including propane, fuel oil, kerosene, gasoline, and diesel fuel, serving both residential and commercial clients across Northern Michigan. With over 65 years of operational experience, the company has built a reputation for reliable and affordable propane solutions, offering services such as automated delivery and budget payment plans. Beyond its core fuel delivery, Fick & Sons also operates convenience store gas stations and manages the commercial transport of bulk propane and petroleum products, demonstrating a diversified business model within the energy logistics and retail space. Their commitment to customer satisfaction and safety is a cornerstone of their service.
How much funding has Fick & Sons raised?
Fick & Sons has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Fick & Sons
PPP
Public-Private Partnership
What's next for Fick & Sons?
The substantial large-scale late-stage funding indicates Fick & Sons is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel strategic initiatives aimed at increasing market share, potentially through acquisitions, technological upgrades to their delivery fleet and infrastructure, or expanding their service area. The company's diversified revenue streams, from direct fuel delivery to retail operations, provide a solid foundation for leveraging this new investment to solidify its position as a key energy provider in Northern Michigan and potentially beyond.
See full Fick & Sons company page
