What is Precision Electronic Services?
Precision Electronic Services, established in 1985, is a reputable provider of industrial electronic and servo motor repair services. The company offers a comprehensive suite of solutions, including AC drive repair, DC drive repair, PLC repair, and HMI panel repair, serving a diverse industrial clientele. Specializing in major brands such as Yaskawa, Danfoss, and Reliance, Precision Electronic Services ensures all repaired components undergo rigorous load testing to guarantee reliability. Their focus on delivering fast and economical repair solutions positions them as a key partner for businesses managing industrial control systems.
How much funding has Precision Electronic Services raised?
Precision Electronic Services has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Precision Electronic Services
PPP
Public-Private Partnership
What's next for Precision Electronic Services?
The substantial late-stage funding and strategic investment indicate Precision Electronic Services is poised for significant scaling and market penetration. This capital infusion will likely fuel advancements in service offerings, expansion into new geographical markets, and potentially the adoption of new repair technologies. The company's strong foundation in industrial repair, coupled with its focus on major brands, positions it for continued leadership and growth in the competitive industrial maintenance landscape.
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