What is Precision Group?
Precision Group, operating within the environmental services sector, is a provider of specialized remediation solutions. The company focuses on critical services such as asbestos abatement, mold remediation, and lead remediation. With a decade of operational experience, Precision Group serves a diverse clientele across New York State and New England, including commercial entities, real estate firms, industrial facilities, educational institutions, and governmental agencies. Their commitment to stringent safety protocols and high environmental standards ensures effective mitigation of hazardous substance issues. The company's operational ethos is built upon core values of safety, transparency, humility, and compassion, further reinforced by a dedication to community philanthropy.
How much funding has Precision Group raised?
Precision Group has raised a total of $371K across 2 funding rounds:
Debt
$150K
Debt
$221K
Debt (2020): $150K with participation from PPP
Debt (2021): $221K led by PPP
Key Investors in Precision Group
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Precision Group?
The substantial late-stage funding secured by Precision Group signals a strategic phase of growth and market consolidation. This influx of capital is likely to fuel expansion initiatives, potentially through increased service offerings, geographic reach, or technological advancements in remediation processes. The company's focus on essential environmental services, coupled with its strong commitment to safety and community, positions it favorably for sustained development and leadership within the industry. Future investments may target enhancing operational efficiency and broadening their impact in hazardous material management.
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