What is Precision Excavating?
Founded in 1988, Precision Excavating has evolved from a modest family venture into a cornerstone of regional infrastructure development. The company specializes in a comprehensive suite of services, including mass earth-moving, road and bridge construction, utility installation, and concrete structure excavation. Operating with a fleet of over eighty pieces of Caterpillar heavy machinery, the firm maintains a competitive edge through its dual focus on public heavy civil construction and private aggregate material production.
The organization remains a third-generation family-owned enterprise, currently under the sole ownership of David S. Zehner. This unique governance structure combines the agility of a private firm with the industrial capacity of a large-scale contractor, allowing Precision Excavating to maintain high operational standards while serving diverse municipal and commercial clients across the Rocky Mountain region.
How much funding has Precision Excavating raised?
Precision Excavating has raised a total of $386K across 2 funding rounds:
Debt
$150K
Debt
$236K
Debt (2020): $150K with participation from PPP
Debt (2021): $236K led by PPP
Key Investors in Precision Excavating
PPP
Public-Private Partnership
What's next for Precision Excavating?
With the recent capital infusion, Precision Excavating is positioned to accelerate its strategic objectives, particularly in the realms of infrastructure modernization and operational efficiency. The firm is expected to prioritize the expansion of its aggregate mining capabilities and the integration of advanced technology within its earth-moving workflows. By maintaining its commitment to high-quality civil engineering and community-focused service, the company is well-equipped to navigate the complexities of the current construction market.
Looking ahead, the management team will likely focus on scaling its utility installation services to meet the rising demand for regional infrastructure upgrades. This strategic deployment of resources ensures that Precision Excavating remains a dominant force in the Colorado and Wyoming construction landscapes, balancing its legacy of family-owned reliability with the demands of modern, large-scale project delivery.
