How Much Did Precision Group Raise?
Funding & Key Investors

Precision Group has successfully secured a significant capital injection, bringing its total funding to $371K. This latest financing round, which contributed $221K to the company's balance sheet, underscores the firm's robust position within the environmental services sector. By leveraging this recent strategic investment, the organization is well-positioned to expand its operational footprint across New York State and New England, reinforcing its commitment to high-stakes hazardous material management.

The trajectory of the company, marked by consistent debt-based financing, reflects a mature approach to scaling infrastructure-heavy operations. As the firm continues to navigate the complexities of asbestos abatement and mold remediation, this influx of liquidity provides the necessary runway to enhance service delivery across its diverse portfolio of commercial, industrial, and institutional clients.

What is Precision Group?

Precision Group
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingConstruction Management

Precision Group operates as a specialized provider of critical environmental remediation services, including asbestos, mold, and lead abatement. With over a decade of industry experience, the company serves as a vital partner for hospitals, universities, government agencies, and large-scale industrial facilities. By prioritizing rigorous safety protocols and environmental compliance, the firm has established itself as a trusted entity in the maintenance and safety sector. Their operational model is built upon a foundation of transparency and technical expertise, ensuring that complex hazardous substance issues are addressed with precision and regulatory adherence.

How much funding has Precision Group raised?

Precision Group has raised a total of $371K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$221K

Debt (2020): $150K with participation from PPP

Debt (2021): $221K led by PPP

Key Investors in Precision Group

PPP

Public-Private Partnership

What's next for Precision Group?

With the recent infusion of capital, Precision Group is poised to accelerate its market penetration and operational capacity. The strategic focus will likely shift toward scaling its remediation technologies and expanding its service reach into new regional markets. By maintaining its core values of safety and community engagement, the company is expected to solidify its leadership in the environmental services landscape. Future growth will likely be driven by increased demand for professional facility maintenance and the ongoing necessity for stringent environmental safety standards in aging infrastructure. The firm remains focused on long-term sustainability and the continued professionalization of its abatement services to meet the evolving needs of its institutional client base.

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Frequently Asked Questions Regarding Precision Group Financial Insights

What are the most recent funding rounds that Precision Group has completed, and what were the funding rounds?
Precision Group has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Precision Group has raised to date?
Precision Group has raised a total of $371K in funding to date.
How many funding rounds has Precision Group completed?
Precision Group has completed 2 funding rounds.
How much funding did Precision Group raise in its most recent funding round?
Precision Group raised $221K in its most recent funding round.
Who are the lead investors in Precision Group's latest funding round?
The lead investor in Precision Group's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Precision Group's history?
The largest funding round in Precision Group's history was $221K.
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