What is Plumbers Supply?
Founded on October 31, 1924, by Raymond A. Dubuque, Plumbers Supply Company (PSC) has a long-standing legacy of serving and supplying plumbing contractors across the greater St. Louis area. The company expanded its reach in 2011 by acquiring Meyer Supply Co., adding branch locations in Cape Girardeau and Sikeston, Missouri, and a state-of-the-art bath showroom, Plumbing Haus, in Cape Girardeau. This strategic acquisition highlights PSC's commitment to broadening its market footprint and enhancing its service offerings within the plumbing wholesale and distribution industry.
How much funding has Plumbers Supply raised?
Plumbers Supply has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
What's next for Plumbers Supply?
The recent major strategic investment signals a new phase of development for Plumbers Supply, likely focused on scaling operations, expanding market share, and potentially integrating new technologies or services. This capital infusion is expected to bolster the company's competitive position, enabling it to pursue further growth initiatives and solidify its role as a key supplier in the plumbing industry. The enterprise-level funding suggests confidence from investors in PSC's long-term viability and strategic direction.
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