Berg Enterprises, Inc. Secures $2.5M in Funding Led by Antina Capital
18 Junio 2024 - 4:24PM
Business Wire
Strategic capital to support federal and commercial growth
opportunities across the Southwest.
Berg Enterprises, Inc. announced today a $2.5M financing round
led by Antina Capital structured in a combination of private debt
and equity.
“This capital will allow us to make targeted investments and
scale our workforce in key geographies important to Uncle Sam over
the next 10 years,” said Tyler Johnston, CEO of Berg Enterprises,
Inc. (BEI) “Antina has been an incredible partner at critical
periods of our growth, and we are humbled by their continued
support.”
Founded by Dick Berg in 1974, BEI is celebrating its fiftieth
year and still betting on the trades.
Their work includes the design, installation, and maintenance of
mechanical and plumbing systems across the American Southwest.
Current projects include Belgium’s F-35 Hangar at Luke Air Force
Base in the greater Phoenix area, a school expansion in the heart
of the Tohono Oʼodham Nation, renovations to the Lyndon B. Johnson
National Historical Park, refreshing an enlisted USAF barracks in
Del Rio, an Air and Marine Operations facility for US Customs and
Border Protection in Laredo, and work at many other key locations
along the southern border. They’re also sourcing new talent from
rural areas in these regions, imbuing small unit leaders with
decision-making authority, and using technology to enhance the
client experience.
At Antina, infrastructure is core to the business model. “We own
land and assets across Texas and Arizona,” said Ashley Watt. “The
region is important to us, and we’re excited to partner with
builders like Berg who share our vision.” Antina owns 60,000+ acres
across Texas that host multiple businesses, including one of North
America’s largest solar developments. They also own commercial real
estate assets across North Texas.
Together, Ashley and Tyler believe they can innovate to better
support infrastructure that serves the warfighter (particularly in
hard environments). It’s a worthy cause for two former Marines, and
one they hope will benefit other commercial development in their
mutual operating regions.
About BEI
Family-owned and operated, BEI provides turnkey mechanical,
plumbing & pipefitting services in select federal and
commercial markets across the Southwestern United States and other
strategic locations. These include site analysis, engineering,
design, procurement, installation, program management, and O&M
services.
About Antina Capital
Antina Capital is a single family office headquartered in
Houston, TX. Primarily focused on land, energy, and infrastructure,
Antina has executed multiple debt and equity investments in the
HVAC industry.
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version on businesswire.com: https://www.businesswire.com/news/home/20240618724773/en/
Ashley Gray | VP, Brand @ BEI +1 (520) 603-8226
ashley@bergenterprises.com Sarah Myers | COO @ Antina +1 (571)
594-2427 smy@antinaco.com