What is PEC?
PEC is a specialized provider of trenchless construction services, focusing on the rehabilitation of underground infrastructure. The company is a licensed installer of Cured in Place Pipe (CIPP) and Strong-Seal manhole rehabilitation materials. PEC's operational philosophy emphasizes quality in both materials and workmanship, fostered by a cohesive, team-oriented atmosphere. Their expertise spans the rehabilitation of entire collection systems, including manholes, storm drain mains, sewer mains, and laterals, offering efficient and minimally disruptive solutions.
How much funding has PEC raised?
PEC has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in PEC
PPP
Public-Private Partnership
What's next for PEC?
The company's large-scale, late-stage funding context suggests a strategic phase focused on scaling operations, expanding market reach, or potentially pursuing acquisitions. This infusion of capital is likely earmarked for enhancing technological capabilities, increasing fleet capacity, and solidifying its competitive advantage in the growing trenchless infrastructure market. PEC's commitment to quality and its specialized service offerings position it well for sustained growth and leadership in infrastructure rehabilitation.
See full PEC company page