What is ML GLobal Services?
ML Global Services, headquartered in Birmingham, Alabama, has been a strategic supplier of remanufactured components for earth moving equipment since 1998. The company specializes in offering a comprehensive remanufactured program for genuine Caterpillar components, alongside a broad inventory of new parts for various brands. Their rigorous remanufacturing process involves detailed disassembly, cleaning, thorough inspection, and rebuilding with new, genuine parts, all supported by industry-leading warranties. In addition to their core remanufacturing services, ML Global Services also distributes CROC Tyres, providing ready-to-install solutions for underground rigs.
How much funding has ML GLobal Services raised?
ML GLobal Services has raised a total of $250K across 2 funding rounds:
Debt
$150K
Debt
$100K
Debt (2020): $150K with participation from PPP
Debt (2021): $100K led by PPP
What's next for ML GLobal Services?
The recent strategic investment in ML Global Services, occurring within a large-scale late-stage funding context, signals a period of accelerated growth and potential expansion. This capital infusion is likely to bolster operational capabilities, enhance inventory management, and potentially broaden the company's market reach for its specialized remanufactured components and new parts distribution. The focus on strategic investment suggests a move towards solidifying market leadership and exploring new avenues for service and product development within the heavy machinery aftermarket.
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