Case Study

How Ulterra Positions for Future Growth with the Help of Protiviti and AuditBoard

How Ulterra Positions for Future Growth with the Help of Protiviti and AuditBoard

Pages 4 Pages

When Ulterra Drilling Technologies L.P. became the fastest-growing oil and gas drill bit manufacturer in the world and largest in the North American market, the organization’s explosive company growth spurred the need for stronger audit capabilities. Around the same time, the company had a change of ownership and began planning for the possibility of a future IPO. “At Ulterra, our culture and strategy are focused on doing our work better and faster — engineering, manufacturing, customer service. Our accounting team and partners live up to that expectation too. Our growth has been explosive — the last thing we could afford to do is slow that down,” said Mimi Jeannotte, Director of Technical Accounting at Ulterra. “The problem was that if we became a public company, we didn’t

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