What is Petillo?
Petillo stands as a premier full-service site contractor and heavy construction partner, boasting over three decades of operational experience across the northeastern United States. The company's core competencies lie in executing complex excavation, utility systems installation, large-scale paving, concrete work, and environmental remediation projects. Leveraging cutting-edge equipment and an unwavering commitment to safety and performance, Petillo is supported by an expert union workforce and industry-leading project management. Their comprehensive service portfolio extends to industrial development and e-commerce distribution facilities, with notable projects including the Spring Brook Commerce Center and the Arsenal Trade Center.
How much funding has Petillo raised?
Petillo has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
What's next for Petillo?
The recent major strategic investment signals a pivotal phase for Petillo, likely aimed at further expanding its operational capacity and market reach. This capital infusion is expected to fuel advancements in technology adoption, enhance project execution capabilities, and potentially support the development of new service lines or geographic expansion. Petillo's established track record in complex infrastructure projects positions it for continued success and growth within the demanding construction industry.
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