What is Mid-State Distributing?
Founded in 1948 and headquartered in Des Moines, IA, Mid-State Distributing operates as a specialized distributor for consumer electronics, appliances, and related service parts. The company serves an independent dealer network, leveraging advanced logistics and technology to ensure efficient delivery and comprehensive support. With a commitment to innovation, Mid-State Distributing provides ongoing training and support to its dealers, offering a diverse product catalog that includes accessories, mobile electronics, commercial sound and security systems, and satellite products.
How much funding has Mid-State Distributing raised?
Mid-State Distributing has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Mid-State Distributing?
The recent strategic investment signals a phase of potential expansion or operational enhancement for Mid-State Distributing. As a company with a long history, this capital infusion, particularly in a large-scale late-stage funding context, suggests a focus on solidifying market leadership, potentially through technological upgrades, expanded service offerings, or strategic partnerships to further support its independent dealer network.
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