Backcast Partners Boosts Daniel Measurement and Control for Continued Growth in 2025

Backcast Partners Expands Investment in Daniel Measurement and Control

In a significant move that underscores its commitment to partner-driven growth, Backcast Partners, a prominent player in the debt and equity capital industry, recently announced a new investment aimed at bolstering the expansion of Daniel Measurement and Control. Daniel, a well-established provider of flow and energy measurement technologies, has been a part of Backcast's portfolio since the acquisition facilitated by Turnspire Capital Partners in 2021. This latest investment not only highlights the strong collaboration between Backcast and Daniel but also reflects Backcast's strategic vision to cater to the surging demand for measurement solutions in the natural gas sector.

Headquartered in Houston, Texas, and operating out of a cutting-edge manufacturing facility in Chihuahua, Mexico, Daniel has carved a niche for itself as a leader within the industry. Its innovative measurement products are vital for the natural gas and refined hydrocarbons sectors, meeting the complex demands of a rapidly evolving market. Backcast’s Managing Partner, Mark Gudis, expressed enthusiasm about the partnership, stating, "We are excited to once again partner with Daniel and Turnspire in support of the growing demand for Daniel's measurement solutions."

This fresh capital infusion is a pivotal step for Daniel, reaffirming its capacity to meet increasing demand while continuing to innovate its product offerings. CEO Tony Morris added that Backcast has been instrumental since its initial investment, emphasizing their collaborative and value-added approach through different transactions. This stance reiterates Backcast’s reputation as a solutions-oriented financial partner in the marketplace.

Backcast, established in 2016, has adeptly managed a portfolio of credit-focused private investment funds. Its strategic focus has been on supporting middle-market firms, specifically those with earnings before interest, taxes, depreciation, and amortization (EBITDA) between $7.5 million and $50 million. With approximately $1.4 billion in assets under management, Backcast is well-equipped to deploy flexible capital ranging from $20 million to $150 million per transaction.

The announcement of this investment demonstrates Backcast's unwavering confidence in the future of Daniel and the overall market dynamics at play in the energy sector. As demand for reliable and efficient measurement technologies escalates, companies like Daniel are well-positioned to capitalize on new opportunities.

Both Backcast and Daniel remain focused on expanding their reach and capabilities, ensuring that they remain ahead of industry trends and advances.

As Backcast continues on this growth trajectory, market watchers will be keenly observing how this investment impacts both the company and its extensive client base in the months to come. For potential investors or companies looking for capital solutions, reaching out to Backcast’s managing partners could lead to fruitful collaborations.

For inquiries about investment opportunities or more information on Backcast Partners, interested parties are encouraged to contact Mark Gudis or David Petrucco, both Managing Partners at Backcast, via their provided contact information.