What is MidAtlantic Construction?
Founded in 1983, MidAtlantic Construction operates as a General Contractor and Construction Manager within the Tri-State Area, serving both local businesses and national corporations. With over four decades of operational history, the company has specialized in a diverse range of projects, including commercial, retail, healthcare, laboratory, institutional, restaurant, and multi-family developments. MidAtlantic Construction has built a reputation for its unwavering commitment to quality and the cultivation of enduring client relationships, evidenced by the successful completion of more than 500 negotiated projects. Their operational philosophy centers on a collaborative approach, ensuring comprehensive attention to client requirements throughout the entire construction lifecycle.
How much funding has MidAtlantic Construction raised?
MidAtlantic Construction has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$647K
Debt (2020): $350K with participation from PPP
Debt (2021): $647K led by PPP
What's next for MidAtlantic Construction?
The recent major strategic investment, alongside substantial prior debt financing, indicates MidAtlantic Construction is in a phase of robust operational scaling and potentially pursuing strategic expansion or infrastructure upgrades. The company's long-standing presence and diverse project portfolio suggest a focus on leveraging this capital to enhance its market position, potentially through acquiring new technologies, expanding its service offerings, or increasing its capacity to undertake larger-scale projects. This financial backing is poised to support continued growth and solidify its standing as a key player in the regional construction industry.
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