BP Energy Partners

BP Energy Partners, LLC is a private equity firm based in Dallas, Texas, founded in 2013. The firm specializes in middle market investments across the energy sector, with a particular emphasis on the natural gas value chain, renewable energy, and lower carbon solutions. It focuses on sectors such as power, oil field services, midstream logistics, and other industries that can benefit from the transition to cleaner and more economical energy sources. BP Energy Partners seeks investment opportunities that leverage the price dislocation between natural gas and traditional energy sources, primarily targeting low-risk producing resources in North American basins. The firm makes control investments, typically taking majority stakes in its portfolio companies, and manages capital on behalf of various institutional investors, including corporate and public pensions, insurance companies, and family offices.

Billy Bailey

Principal

Ben Berkowitz

Director, IR / BD

Ramón Betolaza

Managing Director

Dennis Hamilton

Principal

Justin Hufsmith

Associate

Hayes Musser

Associate

Alex Szewczyk

Co-Founder and Managing Partner

Michael Watzky

Co-Founder and Managing Partner

7 past transactions

Smart Wires Technology

Private Equity Round in 2025
Smart Wires Technology is a company specializing in manufacturing and distributing modular power flow control products and grid optimization solutions for transmission organizations globally. Founded in 2010, the company is headquartered in Union City, California, with additional offices in the United States, the United Kingdom, and Australia. Smart Wires' innovative technology enhances transmission reliability and addresses challenges such as congestion management and power flow control. Its solutions facilitate the integration of renewable energy sources, streamline construction and maintenance activities, and reduce environmental and community impact while improving grid capacity. By employing advanced power electronics and software, Smart Wires aims to optimize electricity transmission and adapt to the evolving demands of the energy sector.

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, located in Odessa, Texas, specializes in the manufacturing and repair of industrial engines and compressors. The company provides essential services including cylinder relining, rod and piston repair, and the repair of various valves such as fuel injection and air valves. By focusing on maintaining and enhancing the performance of industrial machinery, American Industrial Machine helps clients minimize costly downtime and ensure efficient operation of their equipment.

ContextLabs

Funding Round in 2022
Context Labs offers enterprise platform solutions focused on enhancing trust and transparency across both digital and physical environments. The company specializes in blockchain-enabled technologies, providing secure distributed ledgers, data interoperability, and trusted identity management. Its product offerings include components that facilitate machine learning and AI-driven analytics, enabling clients to gain context-driven insights and transform their supply chain ecosystems. Additionally, Context Labs delivers network graph analytics and data visualization tools, supporting big data integration and enhancing overall data fabric interoperability. Through these innovations, the company aims to empower organizations with the ability to manage and analyze complex datasets effectively.

Onboard Dynamics

Private Equity Round in 2021
Onboard Dynamics, Inc. is a company based in Bend, Oregon, that specializes in developing compressed natural gas systems designed for integration into automotive engines. Founded in 2013, the company provides solutions that allow natural gas vehicles to be refueled using gasoline gallon equivalent natural gas sourced from low-pressure systems, such as home or business gas lines. Onboard Dynamics aims to serve both private and public fleets of trucks and addresses various applications, including transportation refueling for small fleet operators and methane mitigation. The company's GoFlo® natural gas compression technology simplifies the capture and compression of natural gas, thereby lowering costs and reducing emissions of nitrogen oxides, particulates, and greenhouse gases. By leveraging existing gas purification technologies, Onboard Dynamics strives to create integrated products that capture vented, flared, and stranded natural gas while promoting the production of renewable natural gas from agricultural and other waste streams.

Encino Environmental Services

Acquisition in 2020
Encino Environmental Services, LLC, established in 2010 and headquartered in Alleyton, Texas, is an environmental consulting firm specializing in emissions testing, leak detection and repair (LDAR), and continuous emission monitoring systems (CEMs). The company assists energy industry clients in adhering to federal, state, and other regulatory requirements by providing innovative custom solutions and proprietary data systems. Additionally, Encino supports customers in identifying, measuring, and minimizing emissions while also helping them establish, meet, and report corporate ESG efforts.
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