Home Technologies completes $2.5 million investment

SSN Staff  - 
Wednesday, December 1, 2004

BELLEVUE, Wash. - Looking to further fuel its expansion plans, Home Technologies has secured $2.5 million in private placement funds.

The funds - being provided by a group of private investors - assist with the residential systems integrator’s plans to expand into the Northwest sector of the United States. The company’s strategy includes developing business opportunities in the western part of the country before moving forward with a nationwide expansion. Home Technologies currently operates in Washington and Montana.

The residential systems integrator has been active on the growth front this year by acquiring Digitech Home Systems and Premier Technology Group. The company also announced its building a dealer program to streamline residential systems installation and purchasing in July.