Berg Enterprises secures $2.5m in funding to expand operations and workforce

Berg Enterprises, Inc. (BEI), a prominent player in the mechanical and plumbing systems industry, has successfully raised $2.5 million in a combination of private debt and equity in a financing round led by Antina Capital. This significant capital infusion will enable BEI to make targeted investments and expand its workforce across key geographical regions over the next decade, according to Tyler Johnston, CEO of Berg Enterprises, Inc. “Antina has been an incredible partner at critical periods of our growth, and we are humbled by their continued support,” Johnston remarked.

Founded in 1974 by Dick Berg, BEI is marking its fiftieth anniversary with a robust expansion plan. The company is renowned for its comprehensive services in the design, installation, and maintenance of mechanical and plumbing systems, primarily serving the American Southwest. BEI’s current portfolio includes high-profile projects such as the new F-35 Hangar at Luke Air Force Base, school expansions in the Tohono O’odham Nation, and renovations at the Lyndon B. Johnson National Historical Park.

As part of its growth strategy, BEI is not only enhancing its project capacity but also actively recruiting new talent from rural areas. The company emphasizes empowering small unit leaders with decision-making authority and leveraging technology to improve client experiences. This approach reflects BEI’s commitment to innovation and quality in its services.

Antina Capital’s involvement extends beyond financial backing, as the firm holds significant land and asset investments in Texas and Arizona. Ashley Watt of Antina Capital highlighted the importance of the region and their excitement to partner with builders like Berg. “The region is important to us, and we’re excited to partner with builders like Berg who share our vision,” Watt stated.

BEI’s project scope covers both federal and commercial markets, offering a range of services from site analysis and engineering to procurement, installation, and maintenance. The strategic alliance with Antina Capital is set to bolster BEI’s capabilities in these areas, ensuring continued growth and innovation in serving both sectors.