What is Acoustical Specialties & Supply?
Acoustical Specialties & Supply is a long-standing, family-owned enterprise with over fifty years of operational history, primarily serving Southern Louisiana and surrounding regions. The company specializes in a comprehensive array of building materials, including acoustical ceilings, drywall, metal framing, insulation, and waterproofing solutions. Beyond product supply, Acoustical Specialties & Supply offers essential services such as material pickup and delivery, alongside specialized fireplace installation for both new construction projects and renovations. Their client base spans both commercial and residential sectors, reflecting a broad market reach and a commitment to quality materials and service.
How much funding has Acoustical Specialties & Supply raised?
Acoustical Specialties & Supply has raised a total of $861K across 2 funding rounds:
Debt
$350K
Debt
$511K
Debt (2020): $350K with participation from PPP
Debt (2021): $511K led by PPP
What's next for Acoustical Specialties & Supply?
The recent major strategic investment positions Acoustical Specialties & Supply for continued growth and market consolidation. Given the company's extensive history and diverse product/service offering, this capital injection is likely to fuel expansion into new territories, enhance logistical capabilities, or potentially support acquisitions within the building materials and construction supply industry. The focus on enterprise-level funding suggests a strategic move towards scaling operations and solidifying its competitive advantage in a dynamic market.
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