CSL Ventures

CSL Ventures, established in 2008 and headquartered in Houston, Texas, is a private equity firm that specializes in investments within the energy sector, focusing on small to mid-sized businesses in the United States and Western Europe. The firm targets a variety of companies across upstream, midstream, and downstream energy services, including those involved in oil and gas, materials, manufacturing, and industrials. CSL Ventures aims to acquire controlling interests in service and equipment companies, as well as firms operating in sectors related to software, data analytics, and energy storage. The firm is registered as an investment adviser and actively manages its investments through dedicated funds.

Alex Bergman

Managing Director

Robert Bradley

Managing Director

Kyle Bratton

Associate

Gerald Cimador

Chief Financial Officer & Partner

Andrew Gould

Partner

Vasu Guruswamy

Venture Partner, CSL Ventures

Abhinav Jain

Managing Director

Daniel Jong

Senior Associate

Imran Kizilbash

Managing Director

Charles Syl Leykum

Founding Partner & Managing Partner

Charlie Leykum

Managing Partner

Chris Mersinger

Vice President

Pete Miller

Partner

Miller Jr., Merrill A.

Partner

Dev Nangrani

Associate

Gretell Otano

Vice President, Investor Relations and Business Development

Saheb Sabharwal

Vice President

6 past transactions

Redlist

Series A in 2019
REDLIST Inc. develops asset and people management software as a service platform for business that uses heavy equipment. It offers real time communication and reporting, location mapping, digital inspection, compliance, planning and dispatch, work orders, lubrication management, time tracking, asset management, and maintenance scheduling. The company was founded in 2014 and is based in Pleasant Grove, Utah.

Machfu

Series A in 2019
Machfu Inc. develops and maintains applications and infrastructure in industrial Internet of Things enabling data, analytics, and visualization on mobile tablets and computers. It offers MachFU, a smartphone for machines that helps industrial enterprises to communicate and connects industrial assets to legacy systems and cloud-based platforms. The company also provides Mach-IT that allows multiple pieces of equipment or hardware to communicate directly with an information processing system, such as a computer or backend system. The company was incorporated in 2015 and is based in Rockville, Maryland.

GoExpedi

Series B in 2019
GoExpedi is an e-commerce and supply chain company specializing in the oil and gas industry, focusing on the efficient procurement of critical parts and supplies for drilling operations. Founded in 2017 and based in Houston, Texas, the company operates an online platform that offers over 200,000 essential items, including tools and components for both onshore and offshore rigs. GoExpedi's innovative supply chain model ensures rapid delivery of these parts, addressing a significant challenge in maintaining operational efficiency in the industry. The platform provides transparency regarding pricing, supplier options, and availability, allowing clients to make informed purchasing decisions. With a team of experts knowledgeable in rig management and supported by advanced technology, GoExpedi delivers a cost-effective alternative to traditional suppliers while ensuring that rigs remain operational around the clock.

Gryphon Oilfield Solutions

Private Equity Round in 2018
Gryphon is an Oilfield Completion Tool and Casing Equipment solutions-based company, established in 2016. Gryphon is backed by CSL Capital Management, LLC, a private equity firm with multiple interests in energy and oilfield service companies. Headquartered in Houston, TX, Gryphon has bases established in Oklahoma, South Texas, East Texas, Midland, Canada and the U.K. Additional sales and service centers are currently being established.

Patriot Proppants

Funding Round in 2009
Patriot Proppants provides proprietary resins, flow enhancement, fracture consulting, and curable resin coating services.

CSTV Networks

Venture Round in 2003
CSTV Networks, Inc., known as CBS Sports Network, is a prominent operator of a sports television channel that focuses on college sports. The network broadcasts a variety of men’s and women’s sports, including live games and programming centered around college football and basketball. With a commitment to showcasing college athletics 24 hours a day, CSTV Networks reaches over 21 million households through cable and satellite distribution. Additionally, the company operates sports radio stations and offers online broadcasts, complementing its television presence with a digital platform that includes around 215 official college athletic websites. CSTV Networks also features an online store that sells sports apparel, accessories, and gear. Originally founded as College Sports Television, the company rebranded in 2005 to reflect its broader programming focus.
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