What is McMahon Services & Construction?
McMahon Services & Construction is a family-owned entity with a long-standing presence in Lake County, Illinois, serving the broader Chicagoland and Southern Wisconsin regions since 1954. The company specializes in comprehensive restoration services, including 24/7 emergency response for water damage, fire damage, and mold remediation. Catering to both residential and commercial clients, McMahon Services has cultivated strong relationships with major insurance providers, earning recognition as a preferred general contractor. Their service portfolio extends to emergency plumbing, roofing, siding, and disaster recovery, positioning them as a full-service provider in critical property maintenance and repair.
How much funding has McMahon Services & Construction raised?
McMahon Services & Construction has raised a total of $373K across 2 funding rounds:
Debt
$150K
Debt
$223K
Debt (2020): $150K with participation from PPP
Debt (2021): $223K led by PPP
What's next for McMahon Services & Construction?
The substantial late-stage funding indicates a strategic phase for McMahon Services & Construction, likely aimed at expanding operational capacity, enhancing technological integration for emergency response, or broadening its service area. This capital injection is expected to fortify its competitive edge in the restoration and construction market, enabling further growth and reinforcing its preferred contractor status with insurance partners. The company's focus on emergency services and its established reputation suggest a trajectory geared towards increased market share and service excellence.
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