What is TBA Construction?
TBA Construction, established in 1993, is a specialized contractor focusing on the multi-family and hospitality construction sectors. Historically, the company has concentrated on electrical and plumbing trades for apartment construction, evolving from remodel work for the Housing Authority to larger HUD projects and new construction. TBA Construction has demonstrated expertise in building conversions, adapting older structures into senior living centers or apartments. The company is currently licensed and operational in South Carolina, North Carolina, Tennessee, Georgia, and Virginia, and is recognized for its bondability and comprehensive insurance coverage.
How much funding has TBA Construction raised?
TBA Construction has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in TBA Construction
PPP
Public-Private Partnership
What's next for TBA Construction?
With the recent strategic investment and operating in a late-stage funding cycle, TBA Construction is poised for significant growth. The company's focus on mechanical contracting for large multi-family projects and hotels, alongside general contracting for smaller commercial ventures, positions it well to leverage this capital. Continued expansion into its licensed states and potential new markets, supported by its established reputation and financial stability, will likely be key strategic objectives. This funding round signals confidence in TBA Construction's business model and its capacity to undertake substantial projects in the dynamic construction industry.
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