What is Precision Air Conditioning & Heating?
Precision Air Conditioning & Heating is a family-owned HVAC contractor established in 1973 and based in Memphis, Tennessee. The company specializes in comprehensive air conditioning and heating services for residential clients, offering repairs, installations, indoor air quality solutions, and energy assessments. With a commitment to customer comfort and safety, Precision employs trained and vetted professionals dedicated to creating optimal indoor environments.
How much funding has Precision Air Conditioning & Heating raised?
Precision Air Conditioning & Heating has raised a total of $338K across 2 funding rounds:
Debt
$150K
Debt
$188K
Debt (2020): $150K with participation from PPP
Debt (2021): $188K led by PPP
What's next for Precision Air Conditioning & Heating?
The substantial capital infusion, particularly the recent strategic investment, indicates a phase of significant scaling and potential market consolidation for Precision Air Conditioning & Heating. This backing will likely fuel advancements in service delivery, technology adoption for enhanced efficiency, and potentially geographic expansion. The company is poised to leverage this financing to solidify its market leadership and further enhance its customer service offerings, ensuring sustained growth and operational excellence in the competitive HVAC industry.
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