What is Performance Place?
Performance Place is a family-owned enterprise specializing in auto and diesel repair services, operating out of South Jordan, UT. Established in 1974, the company offers a comprehensive suite of services, including engine diagnostics, preventative maintenance, brake repair, and specialized diesel repair for both light-duty trucks and commercial fleets. Their client base primarily consists of local residents and businesses within South Jordan and surrounding areas. Performance Place emphasizes building enduring client relationships through personalized service and a commitment to quality craftsmanship, integrity, and customer satisfaction, a philosophy that has cemented its reputation over five decades.
How much funding has Performance Place raised?
Performance Place has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Performance Place
PPP
Public-Private Partnership
What's next for Performance Place?
The recent major strategic investment, alongside the overall large-scale late-stage funding context, indicates Performance Place is poised for significant expansion or strategic operational enhancements. This capital infusion is likely to support the scaling of its services, potentially through expanding its service bays, investing in advanced diagnostic equipment, or broadening its geographic reach. Given its long history and established reputation, the company may also be looking to enhance its digital presence or streamline its operational efficiencies to cater to a growing demand for specialized auto and diesel repair. The strategic nature of the investment suggests a focus on long-term value creation and market consolidation.
See full Performance Place company page
