What is Sutton Pump & Supply?
Sutton Pump & Supply, Inc. is a seasoned player in the oil field services industry, boasting over 35 years of operational experience. Initially founded as a downhole pump repair shop, the company has strategically diversified its offerings to include steaming, hot water treating, storage tank services, transportation, supplies, and dump trucking. Operating primarily in Eastern Ohio and parts of Western Pennsylvania, with a strong foothold in the Utica well drilling area, Sutton Pump & Supply is committed to delivering comprehensive and timely services to its clientele in the oil and gas sector.
How much funding has Sutton Pump & Supply raised?
Sutton Pump & Supply has raised a total of $419K across 2 funding rounds:
Debt
$150K
Debt
$269K
Debt (2020): $150K with participation from PPP
Debt (2021): $269K led by PPP
Key Investors in Sutton Pump & Supply
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investor
An undisclosed investor participating in the funding round, contributing to the company's strategic financial objectives.
What's next for Sutton Pump & Supply?
The substantial capital infusion, particularly the recent strategic investment, positions Sutton Pump & Supply for continued expansion and operational enhancement. This late-stage funding suggests a focus on scaling existing services, potentially acquiring new technologies, or further solidifying its market share in the competitive oil and gas services landscape. The company's long-standing history and broad service portfolio indicate a robust foundation for leveraging this investment to drive future growth and maintain its commitment to client needs.
See full Sutton Pump & Supply company page
