What is Hicks Electric?
Hicks Electric, Inc. has been a cornerstone of electrical services in Central Florida since its establishment in 1984. The company offers comprehensive professional installation services for both residential and commercial clients, covering everything from new construction projects to routine service calls. Their commitment to integrity, ingenuity, and honesty is reflected in their transparent contracting practices and a strong dedication to standing behind their work. Hicks Electric is equipped to handle electrical projects of all scales, prioritizing quality and customer satisfaction.
How much funding has Hicks Electric raised?
Hicks Electric has raised a total of $747K across 2 funding rounds:
Debt
$350K
Debt
$397K
Debt (2020): $350K with participation from PPP
Debt (2021): $397K led by PPP
What's next for Hicks Electric?
The recent major strategic investment in Hicks Electric signals a phase of consolidation and potential scaling, leveraging its established reputation and operational capacity. With a history of securing substantial debt financing, the company appears focused on strengthening its financial foundation to support its extensive service offerings across Central Florida. Future strategic moves may involve expanding service territories, investing in new technologies, or enhancing operational efficiencies to maintain its competitive edge in the electrical contracting market.
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