What is New-Com?
New-Com, Inc. operates as a significant contractor within Southern Nevada, integrating the capabilities of TAB, a long-standing underground wet utilities and heavy civil contractor founded in 1959, and MMC Inc., a respected regional contractor established in 1969 known for its diverse construction projects. The company's portfolio is further strengthened by ACME Electric, one of the region's largest specialty electrical contractors. For over six decades, these entities have collectively played a crucial role in developing Southern Nevada's infrastructure, serving a broad spectrum of clients across the construction industry.
How much funding has New-Com raised?
New-Com has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in New-Com
PPP
Public-Private Partnership
What's next for New-Com?
The recent major strategic investment into New-Com signals a phase of potential expansion and operational enhancement. Given the company's deep roots and comprehensive service offerings in infrastructure and construction, this capital infusion is likely to fuel strategic growth initiatives, potentially involving the integration of new technologies, expansion into adjacent markets, or bolstering existing operational capacities. The enterprise-level nature of the funding suggests a focus on scaling operations and solidifying its market leadership in Southern Nevada.
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