What is Magee Excavation & Development?
Magee Excavation & Development LLC is a key player in the Commercial & Residential Construction industry, operating from Folsom, Louisiana. With a workforce of 10 to 19 employees and an estimated revenue between $10 million and $25 million, the company has demonstrated a solid operational foundation. Its focus on both commercial and residential projects positions it to capitalize on diverse market demands within the construction and development landscape.
How much funding has Magee Excavation & Development raised?
Magee Excavation & Development has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Magee Excavation & Development
PPP
Public-Private Partnership
What's next for Magee Excavation & Development?
The company's recent large-scale, late-stage funding indicates a strategic pivot towards significant growth or expansion initiatives. This capital injection is likely to fuel advancements in operational capacity, market penetration, or the development of new service offerings. Magee Excavation & Development is poised to leverage this financial momentum to solidify its market position and pursue ambitious development goals, potentially exploring new geographic markets or undertaking larger-scale construction projects.
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