What is Electricians?
Electricians, Inc. is a 100% employee-owned commercial electrical contractor headquartered in Hawaii, boasting over 45 years of professional service and installation experience. The company focuses on medium- to large-scale construction and renovation projects, encompassing residential and retail new builds, hotel and hospital upgrades, and data center installations. As a member of Local Union IBEW 1186, Electricians, Inc. has contributed to significant projects such as Adventist Health Castle Medical Center and First Hawaiian Bank Kamehameha Industrial Center. Their specialized services include generator installation, fire alarm systems, and design-build solutions, positioning them as a comprehensive provider in the Hawaiian market.
How much funding has Electricians raised?
Electricians has raised a total of $2.6M across 2 funding rounds:
Debt
$1M
Debt
$1.6M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.6M led by PPP
Key Investors in Electricians
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Electricians?
The recent major strategic investment signals a pivotal phase for Electricians, Inc., likely enabling expansion of services, technological upgrades, or further penetration into key market segments within Hawaii. Given the company's long-standing history and focus on large-scale projects, this capital infusion is expected to bolster its capacity to undertake even more complex installations and renovations, reinforcing its position as a leader in the region's electrical contracting industry. The employee-owned structure may also facilitate strategic internal development and long-term stability.
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