What is Crescent Supply?
For two decades, Crescent Supply Company, based in Abilene, Texas, has been a premier provider of new and used oil field supplies. Operating with its own fleet of trucks and forklifts, the company offers comprehensive and cost-effective services within a 130-mile radius of Abilene. As a locally owned entity with deep roots in the oil industry, Crescent Supply is recognized for its ability to meet the demanding needs of its clientele.
How much funding has Crescent Supply raised?
Crescent Supply has raised a total of $298K across 2 funding rounds:
Debt
$150K
Debt
$148K
Debt (2020): $150K with participation from PPP
Debt (2021): $148K led by PPP
Key Investors in Crescent Supply
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Crescent Supply?
The substantial backing, particularly the recent strategic investment, positions Crescent Supply for continued growth and operational enhancement. This capital infusion is likely to support the expansion of its service area, the modernization of its equipment fleet, and potentially the diversification of its product offerings. The company's focus on providing economical solutions within its established service region suggests a strategy aimed at solidifying its market leadership and maximizing operational efficiency.
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