What is Premier Underground Construction?
Premier Underground Construction, headquartered in Glendale, Arizona, is a comprehensive provider of turn-key dry utility underground construction services. Established in 2004, the company caters to a broad spectrum of clients, including electrical and general contractors, residential developers, and renewable energy contractors. Their service portfolio encompasses critical operations such as horizontal drilling and site haul-off, all underpinned by a commitment to family values, integrity, dependability, and safety. With a collective team experience exceeding 100 years, Premier Underground Construction has solidified its reputation as a reliable partner in infrastructure development.
How much funding has Premier Underground Construction raised?
Premier Underground Construction has raised a total of $2.4M across 2 funding rounds:
Debt
$1M
Debt
$1.4M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.4M led by PPP
What's next for Premier Underground Construction?
The recent major strategic investment signals a pivotal phase for Premier Underground Construction, likely aimed at expanding operational capacity, enhancing technological adoption, or entering new geographic markets. This infusion of capital, following previous debt financing rounds, suggests a strategic move towards scaling operations and solidifying its market leadership. The company's focus on core values and extensive experience positions it well to leverage this new backing for sustained growth and continued service excellence in the competitive underground utility construction landscape.
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