What is Perkinson Construction?
Founded in 2000 in Prince George, Virginia, by Mark and Terri Perkinson, Perkins Construction has evolved from a modest operation with a single backhoe into a comprehensive, full-service utility site construction provider. With a workforce of sixty to eighty employees, the company is equipped to manage a wide array of excavation and site utility projects. Its sustained growth is attributed to a foundational team-building approach and a strong reputation as a high-quality contractor and a reliable sub-contracting partner. As a certified S.W.a.M. enterprise, Perkins Construction meets federal and state qualifications for government projects, highlighting its commitment to compliance and public sector engagement.
How much funding has Perkinson Construction raised?
Perkinson Construction has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$702K
Debt (2020): $350K with participation from PPP
Debt (2021): $702K led by PPP
Key Investors in Perkinson Construction
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Perkinson Construction?
The recent major strategic investment signals a new phase of expansion for Perkins Construction, likely focused on scaling operations, enhancing technological capabilities, or expanding its service offerings within the utility site construction market. This capital infusion is expected to bolster its capacity to undertake larger government contracts and further solidify its position as a key player in the region. The company's established track record and certified status provide a solid foundation for leveraging this new financing to drive further growth and market penetration.
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