What is LB & Sons?
LB & Sons is a prominent provider of professional drilling services based in El Paso, TX. With over 45 years of operational experience, the company specializes in foundation, rock, and pier drilling. Beyond its core drilling expertise, LB & Sons offers comprehensive earthwork services, including site excavation and grading, serving a diverse clientele across commercial, industrial, and government sectors. The company emphasizes safety, precision, and cost-effectiveness in its project delivery, leveraging a versatile fleet of advanced drilling equipment to efficiently manage various soil and bedrock conditions.
How much funding has LB & Sons raised?
LB & Sons has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in LB & Sons
PPP
Public-Private Partnership
What's next for LB & Sons?
The substantial large-scale late-stage funding positions LB & Sons for significant growth and strategic expansion. This capital infusion is likely to support the enhancement of its service offerings, potential geographic market penetration, or the acquisition of advanced drilling technologies. As a company with a long-standing reputation for quality and reliability in the drilling and earthwork industry, this investment signals confidence in its future trajectory and its capacity to undertake larger, more complex projects.
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