Cadre Proppants

Cadre needed the seat filled, fast, in a market that had turned. Fairlead ran the finance function through the downturn: cash discipline weekly, cost structure rebuilt, and the business repositioned so the recovery dropped to the bottom line.

Run-rate EBITDA tripled in eighteen months. The same team stayed in the seat through the turnaround and into the exit, so the numbers a buyer diligenced were the numbers the company had been run on.