How Much Did Performance Sales & Service Raise?
Funding & Key Investors

Performance Sales & Service has successfully secured a major strategic investment, marking a significant milestone in its corporate evolution. This latest infusion of capital, totaling $101K, underscores the firm's robust market position within the industrial fluid power sector. With a cumulative financial backing of $101K, the company is well-positioned to accelerate its operational capabilities and expand its footprint in the hydraulic components market.

What is Performance Sales & Service?

Performance Sales & Service
RetailHome Improvement & Hardware RetailIndustrial Machinery & Equipment

Performance Sales & Service, Inc. operates as a critical provider of hydraulic infrastructure, specializing in the distribution and maintenance of essential components such as high-pressure hoses, precision filters, fittings, and industrial-grade valves. By integrating product supply with specialized field services, including hydraulic cylinder repair and mobile crimping solutions, the company serves as a vital link in the supply chain for industries requiring reliable well testing supplies and heavy-duty fluid power systems. Their market position is defined by a commitment to technical reliability and rapid field response, ensuring that industrial clients maintain operational continuity in demanding environments.

How much funding has Performance Sales & Service raised?

Performance Sales & Service has raised a total of $101K across 1 funding round:

2021

Debt

$101K

Debt (2021): $101K with participation from PPP

Key Investors in Performance Sales & Service

PPP

Public-Private Partnership

What's next for Performance Sales & Service?

The recent influx of capital is expected to catalyze the company's strategic expansion, focusing on the modernization of its service fleet and the enhancement of its inventory management systems. By leveraging this late-stage financing, Performance Sales & Service aims to deepen its penetration into high-growth industrial sectors that rely on complex hydraulic architectures. Future initiatives will likely prioritize the scaling of field service operations and the adoption of advanced diagnostic tools to further differentiate their service offerings from traditional component distributors. This strategic pivot reflects a broader commitment to becoming a comprehensive partner for industrial maintenance and infrastructure support.

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Frequently Asked Questions Regarding Performance Sales & Service Financial Insights

What are the most recent funding rounds that Performance Sales & Service has completed, and what were the funding rounds?
Performance Sales & Service has recently completed 1 funding rounds: Debt on Mar 6, 2021.
What is the total amount of funding Performance Sales & Service has raised to date?
Performance Sales & Service has raised a total of $101K in funding to date.
How many funding rounds has Performance Sales & Service completed?
Performance Sales & Service has completed 1 funding rounds.
How much funding did Performance Sales & Service raise in its most recent funding round?
Performance Sales & Service raised $101K in its most recent funding round.
Who are the lead investors in Performance Sales & Service's latest funding round?
The lead investor in Performance Sales & Service'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 Performance Sales & Service's history?
The largest funding round in Performance Sales & Service's history was $101K.
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