What is Crosspoint Power & Refrigeration?
Crosspoint Power & Refrigeration is a prominent provider of sales, service, and support for refrigeration units, engines, generators, and Auxiliary Power Units (APUs) across the Midwest. Specializing in Carrier Transicold products, the company offers comprehensive solutions including mobile and in-shop repairs, contract maintenance, and OEM support. Headquartered in Indianapolis, Indiana, Crosspoint operates three facilities and employs a team of skilled technicians committed to delivering high-quality service to OEMs, fleets, and equipment operators.
How much funding has Crosspoint Power & Refrigeration raised?
Crosspoint Power & Refrigeration has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Crosspoint Power & Refrigeration
PPP
Public-Private Partnership
What's next for Crosspoint Power & Refrigeration?
The substantial capital infusion, particularly the large-scale late-stage funding, suggests Crosspoint Power & Refrigeration is poised for significant expansion and operational enhancement. This strategic backing will likely fuel advancements in service capabilities, geographic reach, and potentially the adoption of new technologies within the refrigeration and power unit sectors. The company's focus on contract maintenance and OEM support indicates a strategy aimed at solidifying long-term client relationships and capturing a larger share of the aftermarket services market.
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