What is Mid-Lakes Distributing?
Founded in 1928 and now in its third generation of family ownership, Mid-Lakes Distributing is a long-standing provider of HVAC and water heating equipment, primarily serving contractors, developers, and mechanical businesses in the Chicago area. While no longer in manufacturing, the company leverages over 75 years of industry experience to offer a comprehensive product line and sound technical assistance, aiming to exceed customer expectations through efficiency and satisfaction.
How much funding has Mid-Lakes Distributing raised?
Mid-Lakes Distributing has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Mid-Lakes Distributing?
The recent large-scale, late-stage funding indicates a strategic move to further solidify Mid-Lakes Distributing's market presence and operational capabilities. This capital infusion is likely to support expansion initiatives, enhance distribution networks, or invest in new technologies to maintain its competitive edge in the HVAC sector. The company's commitment to its legacy and customer service, combined with this strategic financial backing, positions it for continued growth and service to the Chicago region.
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