Case Study: Castronics
Case Study: Castronics

Castronics pre-acquisition
- Regional threading provider for casing and tubing used on the oil field.
- Single location with 24,000-square foot processing facility and 70 acres of storage capacity.
- Approximately $5.5 million of revenue generated by 30 employees.
- Single individual providing all operational, financial and strategic management.
Actions taken by NSCP
- Patrick and Michael dedicated themselves to the growth and development of the business, spending over 50 percent of their combined time onsite.
- They focused on:
- Developing new financial, operational and quality assurance systems.
- Hiring and training a new level of middle management.
- Identifying and executing on additional sales and strategic growth opportunities.
Castronics at time of exit
- Largest integrated services provider for oil country tubulars in the Rocky Mountain and Midwest regions.
- Two locations providing over double original processing capacity and more than 500 acres of storage capacity.
- ISO-certified facilities with new financial, operations, and quality control systems.
- Approximately $18 million of revenue generated by 125 employees.
- Diverse management team composed of five senior individuals and eight lower level managers each with their own distinct set of responsibilities.