About STR Mechanical
STR Mechanical is a company based in Charlotte (United States) founded in 2007 was acquired by SkyKnight Capital in October 2022.. STR Mechanical offers products and services including Maintenance Agreements, Temperature Controls, and Construction Services. STR Mechanical operates in a competitive market with competitors including CBRE, Dexterra, Cintas, Westfield and ABM, among others.
- Headquarter Charlotte, United States
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Str Mechanical, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
IES
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of STR Mechanical
STR Mechanical offers a comprehensive portfolio of products and services, including Maintenance Agreements, Temperature Controls, and Construction Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for preventative and full maintenance of HVAC systems.
Software-based systems to optimize facility performance and efficiency.
Projects for new builds, renovations, and replacements in various markets.
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Funding Insights of STR Mechanical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in STR Mechanical
STR Mechanical has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include IES and SkyKnight Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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SkyKnight Capital is involved in investment activities.
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IES is engaged in designing and installing electrical and technology systems.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by STR Mechanical
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - STR Mechanical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Str Mechanical Comparisons
Competitors of STR Mechanical
STR Mechanical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CBRE, Dexterra, Cintas, Westfield and ABM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Property management, brokerage, and asset services are provided globally.
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Facility management and forestry services are provided globally.
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Corporate identity uniforms are provided via rental and sales programs.
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Multi-category consumer products are retailed by Westfield in Sydney.
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Facility and infrastructure solutions are provided by ABM across industries.
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Cleaning and maintenance services are provided to facilities nationwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Str Mechanical
Frequently Asked Questions about STR Mechanical
When was STR Mechanical founded?
STR Mechanical was founded in 2007.
Where is STR Mechanical located?
STR Mechanical is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of STR Mechanical?
Mike Ditty is the current CEO of STR Mechanical.
What does STR Mechanical do?
STR Mechanical was established in 2007 in Charlotte, United States, focusing on the mechanical sector. HVAC services, including installation, maintenance, and repair, are offered to commercial and residential clients. Operations are centered in the southeastern region, with emphasis on energy-efficient systems and compliance with industry standards. Leadership is provided by CEOs Mike Ditty and Keith Moore, ensuring oversight of service delivery and business growth.
Who are the top competitors of STR Mechanical?
STR Mechanical's top competitors include ODP Business Solutions, Cintas and Mezo.
What products or services does STR Mechanical offer?
STR Mechanical offers Maintenance Agreements, Temperature Controls, and Construction Services.
Who are STR Mechanical's investors?
STR Mechanical has 2 investors. Key investors include IES, and SkyKnight Capital.