Berg Enterprises, Inc. Secures $2.5M in Funding Led by Antina Capital
June 20, 2024
Source: Businesswire
Strategic capital to support federal and commercial growth opportunities across the Southwest.
HOUSTON--(BUSINESS WIRE)--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.
Contacts
Ashley Gray | VP, Brand @ BEI
+1 (520) 603-8226
ashley@bergenterprises.com
Sarah Myers | COO @ Antina
+1 (571) 594-2427
smy@antinaco.com