Bronco Manufacturing, Inc.

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Bronco Manufacturing, Inc. - overview

Established

1980

Location

Tulsa, OK, US

Primary Industry

Industrial Machinery

About

Bronco Manufacturing, Inc. is a Tulsa-based company specializing in high-quality components for drilling rigs, serving diverse geographical markets including North America, the Middle East, and parts of Asia. Founded in 1980, Bronco Manufacturing produces crucial components for drilling, workover, and well servicing rigs. The company has undergone a recapitalization led by Crystal Ridge Partners on January 4, 2008.


It operates from Tulsa, Oklahoma, and has established a reputation for manufacturing precision-crafted parts essential for the oil and gas industry. Its founder's history is not detailed, nor are there known subsidiaries or a parent company. Bronco Manufacturing specializes in the production of high-quality components tailored for drilling rigs utilized in oil fields across various geographical markets, including North America, the Middle East, and parts of Asia. The company's core offerings consist of precision-crafted, forged parts designed to withstand the rigors of oil extraction operations.


These parts enhance the efficiency and reliability of drilling rigs and are relied upon by major oil and gas operators, drilling contractors, and maintenance service providers. Bronco Manufacturing generates revenue through direct sales of its precision-crafted components to businesses in the oil and gas sector. Engaging in B2B transactions, the company establishes partnerships with clients needing customized solutions for their drilling operations. Typical transactions involve bulk orders, leading to recurring business relationships.


While specific pricing plans are undisclosed, they are competitive, reflecting the high quality of Bronco's offerings. The company’s flagship products facilitate sustained revenue through repeat orders and long-term contracts with its client base. Bronco Manufacturing aims to expand its product line with new components designed for enhanced drilling efficiency, although specific launch dates have not been disclosed. The company is also targeting expansion into additional markets within North America and Europe by 2025.


Recent funding facilitated by Crystal Ridge Partners will support these initiatives, providing the necessary capital for product development and market entry strategies.


Current Investors

Crystal Ridge Partners

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.broncomfg.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Bronco Manufacturing, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedBronco Manufacturing, Inc.-

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