What is Master Plaster?
Master Plaster, Inc. is a comprehensive construction services provider headquartered in Florida, with operations dating back to 1994. Initially focusing on stucco subcontracting, the company has strategically broadened its service offerings to encompass Exterior Heavy Gage Framing, EIFS, Plaster, and Drywall applications. Serving a diverse clientele across commercial, institutional, and residential projects in Miami-Dade, Broward, Monroe, and Palm Beach Counties, Master Plaster has built a robust portfolio that includes work in hospitality, healthcare, retail, and residential development sectors. Their sustained operation and expansion highlight a deep understanding of the regional construction market and a commitment to delivering a wide array of building and restoration solutions.
How much funding has Master Plaster raised?
Master Plaster has raised a total of $361K across 2 funding rounds:
Debt
$150K
Debt
$211K
Debt (2020): $150K with participation from PPP
Debt (2021): $211K led by PPP
What's next for Master Plaster?
Operating within a large-scale, late-stage funding context, Master Plaster is well-positioned for continued expansion and service enhancement. The recent strategic investment suggests a focus on scaling operations, potentially through acquiring new technologies, expanding its workforce, or undertaking larger, more complex projects. This capital infusion is likely to bolster its competitive edge in the Florida construction market, enabling further diversification of its project portfolio and reinforcing its capabilities in specialized areas like EIFS and heavy-gauge framing. The company's long-standing history and diversified service model provide a solid foundation for leveraging this latest round of financing to achieve new milestones.
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