What is Lin-Mar Heavy Duty Towing And Recovery?
Founded in 1958 by Wally Lundin, Lin-Mar Heavy Duty Towing And Recovery has evolved from a full-service auto repair and towing business into a specialized provider. Under the leadership of Ron Lundin, who purchased the business in 1992, the company expanded its services and relocated to a larger facility in Morton Grove, Illinois. Lin-Mar is recognized for its commitment to state-of-the-art equipment and highly trained technicians, with tow drivers certified by WreckMaster and mechanics by ASE and I-CAR. The company has a history of community engagement, with Ron Lundin having served as President of the Morton Grove Chamber of Commerce and Industry and actively participating in various local chambers and charitable organizations. The towing division is currently operated by his sons, Ron Jr. and Tony, with his wife Pam and daughter Julie also involved in the business operations.
How much funding has Lin-Mar Heavy Duty Towing And Recovery raised?
Lin-Mar Heavy Duty Towing And Recovery has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Lin-Mar Heavy Duty Towing And Recovery
PPP
Public-Private Partnership
What's next for Lin-Mar Heavy Duty Towing And Recovery?
The recent major strategic investment signals a phase of potential expansion or technological advancement for Lin-Mar Heavy Duty Towing And Recovery. Given the company's long-standing history and its focus on specialized services like heavy-duty towing and recovery, this capital infusion is likely to support fleet upgrades, service area expansion, or the adoption of new recovery technologies. The company's deep roots in the community and its established operational expertise position it well to leverage this financing for continued growth and market leadership.
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