Boomerang Tube
About Boomerang Tube
Boomerang Tube is a company based in Chesterfield (United States) founded in 2008 was acquired by Black Diamond Capital Management in November 2015.. Boomerang Tube has raised $4.92 million across 1 funding round from investors including Black Diamond Capital Management. The company has 226 employees as of December 31, 2022.
- Headquarter Chesterfield, United States
- Employees 226 as on 31 Dec, 2022
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.92 M (USD)
in 1 rounds
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Latest Funding Round
$4.92 M (USD), Series A
Feb 11, 2010
- Investors
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Employee Count
226
as on Dec 31, 2022
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Acquired by
Black Diamond Capital Management
(Nov 09, 2015)
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Funding Insights of Boomerang Tube
Boomerang Tube has successfully raised a total of $4.92M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.92 million completed in February 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $4.9M
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First Round
First Round
(11 Feb 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2010 | Amount | Series A - Boomerang Tube | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boomerang Tube
Boomerang Tube has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Black Diamond Capital Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Black Diamond Capital Management is engaged in alternative asset management, focusing on high yield and distressed credit.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Boomerang Tube
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Boomerang Tube
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boomerang Tube Comparisons
Competitors of Boomerang Tube
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Boomerang Tube
When was Boomerang Tube founded?
Boomerang Tube was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is Boomerang Tube located?
Boomerang Tube is headquartered in Chesterfield, United States. It is registered at Chesterfield, Missouri, United States.
Who is the current CEO of Boomerang Tube?
Jim Tregenza is the current CEO of Boomerang Tube.
Is Boomerang Tube a funded company?
Boomerang Tube is a funded company, having raised a total of $4.92M across 1 funding round to date. The company's 1st funding round was a Series A of $4.92M, raised on Feb 11, 2010.
How many employees does Boomerang Tube have?
As of Dec 31, 2022, the latest employee count at Boomerang Tube is 226.
What does Boomerang Tube do?
Boomerang Tube was established in 2008 in Chesterfield, United States, where electric resistance welded (ERW) tubes are produced. Operations center on the manufacturing sector, with facilities dedicated to tube fabrication for industrial needs. Geography is focused in the United States, supporting domestic supply chains. Leadership is held by CEO Jim Tregenza, overseeing production processes and business development.
Who are Boomerang Tube's investors?
Boomerang Tube has 1 investor. Key investors include Black Diamond Capital Management.