How Much Did Parks Electrical Services Raise?
Funding & Key Investors

Parks Electrical Services has solidified its market position through a significant capital infusion, securing a total of $128K in cumulative financing. This latest development, characterized by a $128K major strategic investment, underscores the firm's robust operational trajectory within the competitive electrical construction sector. By leveraging this recent influx of liquidity, the organization is well-positioned to scale its service delivery across commercial, industrial, and residential verticals, reinforcing its status as a premier minority business enterprise in the Ohio region.

What is Parks Electrical Services?

Parks Electrical Services
ConstructionConstruction ManagementArchitecture, Engineering & Design

Parks Electrical Services operates as a specialized provider of comprehensive electrical construction and design solutions. With a legacy spanning over 25 years, the company has cultivated a reputation for technical excellence and reliability, evidenced by its involvement in high-profile regional infrastructure projects such as The Current at the Banks and various Cincinnati Public Schools initiatives. As a certified minority business enterprise, the firm combines deep industry expertise with a commitment to rigorous safety and quality standards, making it a preferred partner for complex, bondable construction projects that require both precision and scale.

How much funding has Parks Electrical Services raised?

Parks Electrical Services has raised a total of $128K across 1 funding round:

2021

Debt

$128K

Debt (2021): $128K with participation from PPP

Key Investors in Parks Electrical Services

PPP

Public-Private Partnership

What's next for Parks Electrical Services?

Looking ahead, the deployment of this $128K capital is expected to catalyze further expansion into larger-scale industrial projects and technological integration within their design-build workflows. The strategic focus will likely center on enhancing operational capacity to meet the growing demand for sustainable and efficient electrical infrastructure. By maintaining its commitment to professional excellence and leveraging its established market footprint, Parks Electrical Services is poised to navigate the complexities of the modern construction landscape, ensuring long-term value creation for stakeholders and clients alike.

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Frequently Asked Questions Regarding Parks Electrical Services Financial Insights

What are the most recent funding rounds that Parks Electrical Services has completed, and what were the funding rounds?
Parks Electrical Services has recently completed 1 funding rounds: Debt on Feb 8, 2021.
What is the total amount of funding Parks Electrical Services has raised to date?
Parks Electrical Services has raised a total of $128K in funding to date.
How many funding rounds has Parks Electrical Services completed?
Parks Electrical Services has completed 1 funding rounds.
How much funding did Parks Electrical Services raise in its most recent funding round?
Parks Electrical Services raised $128K in its most recent funding round.
Who are the lead investors in Parks Electrical Services's latest funding round?
The lead investor in Parks Electrical Services'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 Parks Electrical Services's history?
The largest funding round in Parks Electrical Services's history was $128K.
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