What is Higgins Electric?
Higgins Electric is a seasoned industrial electrical contractor with a legacy spanning over 90 years. The company specializes in a comprehensive suite of services, including design, construction, automation, and maintenance for commercial and industrial clients. Their in-house engineering capabilities allow for the delivery of integrated solutions, encompassing energy audits and arc flash analysis. Higgins Electric has a proven track record of successfully executing diverse projects across various sectors, emphasizing customer satisfaction and stringent safety protocols.
How much funding has Higgins Electric raised?
Higgins Electric has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$787K
Debt (2020): $350K with participation from PPP
Debt (2021): $787K led by PPP
Key Investors in Higgins Electric
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Higgins Electric?
The recent major strategic investment signals a pivotal moment for Higgins Electric, likely enabling further expansion of its service offerings and market reach. This capital infusion is expected to bolster its capacity for undertaking complex electrical system projects and enhancing its automation and maintenance divisions. The company's long-standing expertise, combined with this strategic financing, positions it for continued leadership and innovation in the industrial electrical contracting landscape.
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