How Much Did Mid-Lakes Distributing Raise?
Funding & Key Investors

Mid-Lakes Distributing has secured $150K in total capital, with a recent major strategic investment of $150K. This significant backing underscores the company's established position in the HVAC and water heating equipment distribution market.

What is Mid-Lakes Distributing?

Mid-Lakes Distributing
RetailHome Improvement & Hardware Retail

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:

2020

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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Frequently Asked Questions Regarding Mid-Lakes Distributing Financial Insights

What are the most recent funding rounds that Mid-Lakes Distributing has completed, and what were the funding rounds?
Mid-Lakes Distributing has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Mid-Lakes Distributing has raised to date?
Mid-Lakes Distributing has raised a total of $150K in funding to date.
How many funding rounds has Mid-Lakes Distributing completed?
Mid-Lakes Distributing has completed 1 funding rounds.
How much funding did Mid-Lakes Distributing raise in its most recent funding round?
Mid-Lakes Distributing raised $150K in its most recent funding round.
Who are the lead investors in Mid-Lakes Distributing's latest funding round?
The lead investor in Mid-Lakes Distributing's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Mid-Lakes Distributing's history?
The largest funding round in Mid-Lakes Distributing's history was $150K.
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