What is Diesel Plus?
Diesel Plus, based in Ringgold, GA, is a comprehensive diesel repair specialist established in 2001 by Mike Perkins. The company caters to a diverse clientele, offering extensive services for trucks, Sprinter vans, farm tractors, and generators. Their expertise spans critical areas such as fuel system repair, turbocharger servicing, brake maintenance, and essential DOT inspections. Operating a Bosch-approved fuel shop, Diesel Plus is recognized for its commitment to quality, reliability, and superior customer service, positioning itself as a key player in the specialized diesel maintenance market.
How much funding has Diesel Plus raised?
Diesel Plus has raised a total of $305K across 2 funding rounds:
Debt
$150K
Debt
$155K
Debt (2020): $150K with participation from PPP
Debt (2021): $155K led by PPP
Key Investors in Diesel Plus
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Diesel Plus?
The substantial capital infusion, particularly the recent strategic investment, signals Diesel Plus's readiness for its next phase of expansion. This late-stage funding is likely to be allocated towards enhancing operational capacity, potentially expanding service offerings, or investing in advanced diagnostic technologies to maintain its competitive edge. The company's focus on core diesel services and its established reputation suggest a strategic approach to leveraging this capital for sustained growth and market leadership.
See full Diesel Plus company page