What is Theco?
Founded in 1984 by Tom Hagan, Theco has built a robust reputation over 32 years as a premier electrical contractor in New Mexico. The company specializes in Public Works projects, leveraging a strong internal staff, field supervision, and an extensive inventory of equipment and resources to deliver projects on time and within budget. Projects have ranged in size from $50,000 to $11.7 million, with annual revenues averaging $20 million. Theco's commitment to customer service, quality, cost-efficiency, and teamwork is further supported by its participation in the Northern New Mexico Independent Electrical Contractors Association's four-year apprenticeship program, ensuring a highly skilled and up-to-date workforce.
How much funding has Theco raised?
Theco has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Theco
PPP
Public-Private Partnership
What's next for Theco?
The recent major strategic investment signals a pivotal moment for Theco, likely enabling further expansion of its capabilities and market reach within the public works sector. This capital will support the company's continued commitment to delivering high-quality electrical installations for complex projects. The company's established track record, experienced workforce, and strong financial backing position it for sustained success and potential new ventures in large-scale infrastructure development.
See full Theco company page
