What is Quality Refrigeration?
Quality Refrigeration, a third-generation family business founded in 1950, specializes in comprehensive heating, AC, and refrigeration services. Their expertise spans HVAC and refrigeration service, parts, equipment, custom building, retrofitting, and repairs across diverse industries including marine, industrial, government, commercial, and medical sectors. The company is dedicated to delivering reliable repairs and superior service, ensuring clients benefit from optimal HVAC/R systems. A commitment to continuous education reinforces their ability to provide immediate and high-quality service.
How much funding has Quality Refrigeration raised?
Quality Refrigeration has raised a total of $978K across 2 funding rounds:
Debt
$350K
Debt
$628K
Debt (2020): $350K with participation from PPP
Debt (2021): $628K led by PPP
Key Investors in Quality Refrigeration
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Quality Refrigeration?
The substantial enterprise-level funding indicates Quality Refrigeration is poised for significant scaling or diversification. This capital infusion is likely to fuel expansion into new markets, enhance technological capabilities, or bolster operational efficiency to meet the growing demands of its industrial, commercial, and government clientele. The strategic nature of the recent investment suggests a focus on strengthening its competitive position and potentially integrating new service offerings or expanding its service fleet. Continued investment in employee education will be crucial for maintaining its reputation for best-in-class service and immediate response times.
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