What is Kersten Construction?
Established in 1965, Kersten Construction, Inc. is a seasoned provider of underground utility services across Eastern Nebraska and Western Iowa. With over five decades of operational expertise, the company specializes in the installation of water lines, sanitary sewers, and storm sewers, alongside providing essential water/sewer line repairs. Kersten Construction also supplies and delivers quality precast products, notably manholes and septic tanks, positioning itself as a comprehensive solution provider in the civil construction market.
How much funding has Kersten Construction raised?
Kersten Construction has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Kersten Construction?
The substantial capital infusion, characterized as a large-scale late-stage funding event, suggests Kersten Construction is poised for significant expansion or strategic initiatives. This investment will likely fuel the enhancement of operational capacity, potential geographic market penetration, or the adoption of advanced construction technologies to maintain its competitive edge in the utility installation and repair sector. The company's long history and focus on essential infrastructure indicate a stable trajectory, with this recent financing set to accelerate its growth and service capabilities.
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