Billy Bailey

Principal

Ben Berkowitz

Vice President

Ramón Betolaza

Managing Director

Dennis Hamilton

Principal

Justin Hufsmith

Associate

Hayes Musser

Associate

Alex Szewczyk

Managing Partner

Michael Watzky

Co-Founder and Managing Partner

7 past transactions

Smart Wires Technology

Private Equity Round in 2025
Smart Wires is an electrical and electronics company founded in 2010 and headquartered in San Francisco, California. It specializes in grid optimization solutions, particularly for medium and high voltage electricity transmission grids. The company develops and manufactures modular power flow control technology devices designed to manage and direct power flow within high electric transmission systems. By utilizing advanced power electronics hardware and software, Smart Wires enhances and optimizes grid capacity, addressing challenges such as transmission reliability and congestion management in the evolving energy landscape.

Novitech

Private Equity Round in 2024
Novitech provides in-line pipeline inspection and mapping services that match or exceed their clients' expectations. Individuals with decades of experience, as well as consistent customer partnerships, support their motivated culture. This has been and will continue to be the foundation for retaining their leadership position in the pipeline industry's MFL crack and flaw detection technology. They operate with the industrial standards of ethics, performance, and compliance through the entire project cycle.

ZENRG Services

Series A in 2024
ZENRG Services offers piping services through fluid transfer services in the oil and gas sector.

American Industrial Machine

Acquisition in 2023
American Industrial Machine, based in Odessa, Texas, specializes in manufacturing industrial engines and compressors. The company offers a range of services aimed at maintaining optimal machine performance, including cylinder relining, rod and piston repair, and the repair of various valves such as fuel injection and air valves. By providing essential components like rings and riders for compressor and power cylinder relining, American Industrial Machine helps clients minimize equipment downtime and enhance operational efficiency.

ContextLabs

Funding Round in 2022
We provide solutions for customers who demand trusted provenance in their data, tracked veracity through the data’s supply chain of use, and a requirement for trusted insights. We produce Asset Grade Data. (AGD) We utilize machine learning, artificial intelligence, cryptographic proofing and distributed ledger technologies to build Asset Grade Analytics (AGA), that drive new context-driven insights. https://www.contextlabs.com/about

Onboard Dynamics

Private Equity Round in 2021
Onboard Dynamics, Inc. is a company based in Bend, Oregon, founded in 2013, that specializes in developing compressed natural gas systems for automotive engines. Their technology allows natural gas vehicles to be refueled using low-pressure sources, such as home or business gas lines, making it suitable for both private and public fleets of trucks. The company focuses on providing a solution for small fleet operators and pipeline operations, aiming to prevent unnecessary venting and flaring of natural gas. Onboard Dynamics leverages its GoFlo® natural gas compression technology to create an integrated product that captures vented, flared, and stranded natural gas, facilitating the expansion of renewable natural gas production from agricultural and other methane-producing waste streams. The company is committed to reducing emissions and providing economic value through its innovative solutions, supporting a transition towards a more sustainable future.

Encino Environmental Services

Acquisition in 2020
Encino Environmental Services, LLC is an environmental consulting firm based in Alleyton, Texas, established in 2010. The company specializes in providing environmental regulatory compliance solutions, focusing on emissions testing, leak detection and repair (LDAR), and continuous emission monitoring systems (CEMs). Encino offers innovative custom solutions and proprietary data systems that help clients in the energy industry adhere to federal and state regulations while identifying, measuring, and minimizing emissions. Additionally, the firm is developing programs to assist customers in establishing and reporting their corporate environmental, social, and governance (ESG) efforts, ensuring comprehensive support for environmental compliance and performance.
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