What is Premaco?
Founded in 1987, Premaco Inc. operates as a key distributor of BG Products, catering to dealerships, independent repair shops, fleets, and municipalities. The company specializes in providing high-quality automotive maintenance products, services, and support across Georgia, Alabama, western Tennessee, and eastern Arkansas. Premaco's offerings encompass a wide range of systems, including fuel systems, engines, transmissions, brakes, power steering, cooling, battery, drive line, and climate control. Recognized as BG Distributor of the Year in 2015 and 2019, Premaco is committed to delivering efficient processes, expert-led training, and coaching, alongside superior BG Products.
How much funding has Premaco raised?
Premaco has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Premaco?
The recent large-scale, late-stage funding signifies a pivotal moment for Premaco, indicating a strong investor confidence in its business model and future growth potential. This capital infusion is expected to fuel further expansion, enhance operational capabilities, and potentially broaden its market reach within the automotive aftermarket services industry. The strategic nature of this investment suggests a focus on consolidating its market leadership and exploring new avenues for product and service development.
See full Premaco company page
