What is McSpadden?
McSpadden Inc. operates as a commercial and industrial general contractor based in Dandridge, TN. Evolving from a custom homebuilding background, the company emphasizes meticulous attention to detail in its projects. Since 1983, McSpadden Inc. has been a dealer for Gulf States Manufacturers pre-engineered metal building systems, leveraging a strong manufacturer relationship to design tailored metal building solutions. Their dedicated erection crew ensures quality execution of pre-engineered metal building and structural steel projects, offering comprehensive turn-key services or specialized work scopes to meet diverse client needs.
How much funding has McSpadden raised?
McSpadden 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 McSpadden?
The recent strategic investment of $211K positions McSpadden for significant advancement in the commercial and industrial construction sector. As a company that has historically focused on detailed execution and strong supplier relationships, this capital infusion is expected to fuel further scaling of operations, potentially expanding its service offerings or geographic reach. The large-scale, late-stage nature of this funding suggests a focus on solidifying market leadership and capitalizing on existing strengths in pre-engineered metal building systems and general contracting.
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