How Much Did Sobcon Concrete Raise?
Funding & Key Investors

Sobcon Concrete has solidified its position within the industrial construction sector, securing a total capital infusion of $496K. This latest financial milestone, characterized by a $346K major strategic investment, underscores the firm's capacity to leverage debt financing for large-scale operational expansion. By securing this backing, the Northport-based entity demonstrates a robust credit profile and a clear trajectory for continued growth across the southeastern United States.

What is Sobcon Concrete?

Sobcon Concrete
ConstructionConstruction Management

Established in 1985 by John Scarbrough and Sonny Burnette, Sobcon Concrete has evolved from a localized service provider in Tuscaloosa County into a significant player in the regional concrete construction market. The company specializes in high-durability structural solutions, catering to a diverse portfolio of commercial and industrial clients. Their market position is defined by decades of technical expertise and a reliable delivery model that has allowed them to scale operations beyond their Alabama roots, effectively capturing demand for complex infrastructure projects throughout the region.

How much funding has Sobcon Concrete raised?

Sobcon Concrete has raised a total of $496K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$346K

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

Debt (2021): $346K led by PPP

Key Investors in Sobcon Concrete

PPP

Public-Private Partnership

What's next for Sobcon Concrete?

With the recent influx of capital, Sobcon Concrete is well-positioned to optimize its project delivery capabilities and modernize its construction fleet. The strategic deployment of these funds will likely focus on enhancing operational efficiency and expanding the firm's footprint in competitive southeastern markets. As the company navigates this late-stage growth phase, the focus will remain on maintaining high-quality standards while scaling to meet the increasing demand for large-scale concrete infrastructure, ensuring long-term sustainability and market resilience.

See full Sobcon Concrete company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Architecture, Engineering & DesignConstruction
Civil Engineering ConstructionConstructionConstruction Management
Construction ManagementConstructionArchitecture, Engineering & Design
Construction ManagementConstruction

Frequently Asked Questions Regarding Sobcon Concrete Financial Insights

What are the most recent funding rounds that Sobcon Concrete has completed, and what were the funding rounds?
Sobcon Concrete has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Sobcon Concrete has raised to date?
Sobcon Concrete has raised a total of $496K in funding to date.
How many funding rounds has Sobcon Concrete completed?
Sobcon Concrete has completed 2 funding rounds.
How much funding did Sobcon Concrete raise in its most recent funding round?
Sobcon Concrete raised $346K in its most recent funding round.
Who are the lead investors in Sobcon Concrete's latest funding round?
The lead investor in Sobcon Concrete'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 Sobcon Concrete's history?
The largest funding round in Sobcon Concrete's history was $346K.
See more information about Sobcon Concrete