What is Peter Baker & Son?
Peter Baker & Son Co. is a bituminous paving contractor with over a century of experience, headquartered in Lake Bluff, Illinois. The firm specializes in the production and installation of bituminous asphalt materials, catering to both public agencies and private markets. Their services encompass the construction of parking lots, bike paths, and roadways. With a network of strategically located facilities, Peter Baker & Son ensures efficient service delivery across its operational areas. The company's commitment to quality positions it to undertake projects of varying magnitudes, solidifying its reputation in the industry.
How much funding has Peter Baker & Son raised?
Peter Baker & Son has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
Key Investors in Peter Baker & Son
PPP
Public-Private Partnership
What's next for Peter Baker & Son?
The recent debt financing of $5 million, alongside the overall enterprise-level funding context, suggests Peter Baker & Son is focused on maintaining and potentially expanding its operational capacity and project pipeline. This strategic investment likely supports equipment upgrades, material procurement, and the execution of larger infrastructure contracts. As a company with a deep history, this capital will enable them to continue their legacy of providing essential paving services, reinforcing their position in the competitive construction and infrastructure development market.
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