Element Partners
Element Management LP is a private equity firm specializing in acquisitions financings, secondary sales, and later stage, mature, lower middle market, management buyouts, leveraged buyouts, growth capital, recapitalization, corporate divestitures or spin-outs, emerging growth, industry consolidation or roll-ups, take-private transactions capital for shareholder liquidity, and PIPEs. The firm does not invest in healthcare and pharma sector. It seeks to invest in technologies and services with a focus on the software, industrial, energy, power, clean energy and environmental sectors. Within energy sector, the firm invests in energy, information technology, energy storage, demand response (DR) and demand side management (DSM), power electronics, transportation fuels and motive power, E & P, alternative/ renewable energy and other oil and gas technologies. Within the industrials sector, it invests in industrial components and capital equipment, industrial maintenance, infrastructure technology, process control, plastics and packaging, distribution automation, and supply chain management, chemicals, advanced materials, agricultural technologies, petrochemical replacements, industrial biotechnology, and specialty chemicals. Within the environmental sector, it invests in water management and conservation, water desalination, produced water, effluent monitoring, emissions control, and materials reuse and recycling. It also invest in food and agriculture, manufacturing, transportation, mobility and logistics, waste water, systems integration, engineered products, information technology, industrial automation and water utilities. It invests in North America, Europe, and Caribbean. The firm typically invests between $10 million and $50 million per transaction in companies with enterprise values between $20 million and $250 million, sales value between $10 million and $200 million, and EBITDA between $1 million and $25 million. It prefers to act as a lead investor and seeks to take a seat on the board of directors of its portfolio companies. The firm takes control equity, majority as well as minority stakes in its portfolio companies. It operates as a subsidiary of Element Venture Partners Llc. Element Management LP was founded in December 2005 and is based in Wayne, Pennsylvania with an additional office in San Francisco, California.
41 past transactions
BMG Controls, Inc.
Venture Round in 2006
BMG Controls, Inc., doing business as, BMG Seltec provides operations support software, global position system vehicle tracking, plant control systems, and point of sale solutions to producers of asphalt, aggregates, and ready mixed concrete. The company offers software maintenance, updates and upgrades, and training services. It also provides feasibility assessment, needs analysis, scope documentation, product specification, best practice analysis, project planning and management, site surveys, on-site installation/configuration, plant troubleshooting and tuning, and information technology consulting services. The company serves bulk construction materials industries in North American markets. BMG Controls, Inc. has strategic partnership with Rice Lake Weighing Systems. BMG Controls, Inc. was founded in 1989 and is headquartered in Livermore, California with an additional office in Columbus, Ohio.
Agility Fuel Solutions LLC
Private Equity Round in 2011
Agility Fuel Solutions LLC designs and manufactures alternative fuel storage and delivery systems; and cylinders for medium- and heavy-duty commercial vehicles. It serves original equipment manufacturers, dealers, and fleet operators. Agility Fuel Solutions LLC was formerly known as Agility Fuel Systems, Inc. and changed its name to Agility Fuel Solutions LLC in October 2016. The company was founded in 1996 and is based in Costa Mesa, California with manufacturing facilities in North America, South America, India, and Europe. Agility Fuel Solutions LLC operates as a subsidiary of Hexagon Composites ASA.
Biofuelbox
Series A in 2007
BioFuelBox Corporation, an alternative energy company, provides modular bio-refineries for converting waste materials into biodiesel. It focuses on processing various materials, such as brown grease, wastewater scum/sludge, used cooking oil, waste fish oil, animal fats and tallow, and algae paste, as well as municipal fats, oil, and greases. BioFuelBox Corporation serves industries and municipalities. The company was incorporated in 2006 and is headquartered in San Jose, California with a plant location in Idaho.
CoalTek, Inc.
Series D in 2009
CoalTek's technology reduces moisture content in a broad range of coals, optimizing plant efficiency and delivering environmental integrity. The CoalTek process was developed, tested, and proven over eight years by Dr. Jerry Weinberg, the company's co-founder, along with chief geologist Neil Ginther. CoalTek opened its first commercial processing facility in Calvert City, Kentucky in 2006. The plant's initial capacity of 120,000 tons/yr will be expanded in the future, and there are also plans to build additional facilities, to meet the growing demand for clean coal.
Miartech (Shanghai)
Series A in 2006
Miartech(Shanghai),Inc. develops, manufactures, and distributes Interne of Things technology products for use in smart grids, smart cities, building energy efficiency, smart homes, clean energy access, street light management, photovoltaic, and ecological agricultural applications. Its products and services include intelligent building and energy saving systems, power line carrier communication (PLC) chips and modules, chip module customization, and software development services. The company was founded in 2004 and is based in Shanghai, China.
Seven Seas Water Corporation
Venture Round in 2008
Seven Seas Water Corporation provides outsourced water treatment, wastewater treatment, and reuse solutions for governmental, municipal, industrial, property developer, and hospitality customers in the United States and internationally. The company offers Water-as-a-Service that provides custom desalination, advanced water, and wastewater treatment; technical solutions; and emergency supplies of water for municipal, industrial, and private developers. The company was founded in 1996 and is based in Tampa, Florida.
PPT Reasearch
Series B in 2008
PPT developed proprietary chemistry and process technology that enables cost-effective slurry management for the solar, semiconductor, and optical industries.
The Company's initial focus is outsourcing slurry management used to slice silicon ingots into wafers for use in photovoltaic cells, integrated circuits, and fiber optics.
Turbine Air Systems
Venture Round in 2013
Turbine Air Systems designs and manufactures modular cooling and energy systems for the power generation industry, the district, commercial and industrial process cooling industries, and the industrial sector. The company specializes in high-efficiency standard product designs optimized for low life cycle cost performance. Their product capabilities include chilled water systems, air-cooled systems, clean heat and power on-site energy systems, and industrial waste heat solutions.
FuelQuest
Private Equity Round in 2003
FuelQuest is an e-Marketplace that provides logistics and service solutions, on-demand fuel supply chain management, and taxation solutions for commercial, private and public sector fleets, petroleum retailers, marketers; and producers.
It offers a Software-as-a-Service fuel management solution that automates various aspects of fuel management processes, including demand forecasting, fulfillment, inventory management, sales and purchase order management, financial management, and environmental compliance.
FuelQuest was founded by Richard C. Cilento and Jr. in 1999; and is headquartered in Houston, Texas.
Electro-Petroleum, Inc.
Series A in 2008
Electro-Petroleum, Inc. provides heavy oil recovery solutions. It offers Electrically Enhanced Oil Recovery, a process that enables the recovery of heavy oil by applying electric currents to hydrocarbons in the ground. The company is based in Villanova, Pennsylvania.
Quench
Venture Round in 2014
Quench USA, Inc. offers Water-as-a-Service(TM) solutions by providing bottleless filtered water coolers and other products that use filtered water as an input, such as ice machines, sparkling water dispensers, and coffee brewers, to customers across the United States. Our point-of-use (POU) systems purify a building's existing water supply to provide reliable and convenient filtered water to a broad mix of end-markets, including government, education, medical, manufacturing, retail, hospitality, and other large commercial customers, including more than half of the Fortune 500. Headquartered outside of Philadelphia, Quench recently became an independent operating company of AquaVenture Holdings(TM).
Imergy Power Systems, Inc.
Series B in 2008
Imergy Power Systems, Inc. is a cleantech company dedicated to developing and manufacturing electrical energy storage systems.
The company’s Energy Storage Platform (ESP) provides a solution to reduce energy cost and optimize renewable power generation while improving overall power reliability. It also offers L-Cell, a novel battery technology developed as a potential energy storage method for long-term space flights.
Founded in 2004, Imergy Power Systems is based in Fremont, California.
EdeniQ Inc.
Venture Round in 2012
Edeniq, Inc. is a leading biotechnology company that develops processes for producing and measuring cellulosic ethanol from corn kernel fiber through its Intellulose technology. Edeniq’s Intellulose requires zero capital investment and is easily integrated into existing ethanol production facilities. Edeniq was established in 2008 and is headquartered in Visalia, Calif. with a field office in Omaha, Neb. More information can be found at www.edeniq.com.
Fat Spaniel Technologies
Series A in 2006
Founded in 2003, Fat Spaniel Technologies is the leading independent provider of critical monitoring and reporting services for the renewable energy industry. Today, the company's solutions are utilized by solar power producers, financiers, system integrators, and OEMs, and growing a growing number of wind power companies. Fat Spaniel solutions help optimize energy output, reduce operations and maintenance costs, contain risk, and increase return on investment for renewable energy power plant projects.
Biofuelbox
Venture Round in 2009
BioFuelBox Corporation, an alternative energy company, provides modular bio-refineries for converting waste materials into biodiesel. It focuses on processing various materials, such as brown grease, wastewater scum/sludge, used cooking oil, waste fish oil, animal fats and tallow, and algae paste, as well as municipal fats, oil, and greases. BioFuelBox Corporation serves industries and municipalities. The company was incorporated in 2006 and is headquartered in San Jose, California with a plant location in Idaho.
Petra Systems
Series A in 2007
Petra Solar is a technology company, pioneering "smart solar" which couples distributed solar energy generation with smart grid technology, with their own smart grid communication infrastructure and platform. Petra Solar's smart energy systems are being deployed in both the largest distributed solar electric project and the largest rooftop project in the world today.
AquaVenture Holdings Limited
Venture Round in 2014
AquaVenture Holdings (AVH) was formed to become the world's leading water service provider. Through its Quench and Seven Seas Water businesses, AVH provides water solutions, utilizing state-of-the-art purification and desalination technologies.
The term "Water-as-a-Service," or WAAS, refers to providing municipal, industrial and commercial customers with a reliable, worry-free, low-cost water supply without requiring up-front capital investment. In such arrangements, water systems are operated and maintained by water experts, yielding predictable and contracted water costs for customers.
Quench
Venture Round in 2011
Quench USA, Inc. offers Water-as-a-Service(TM) solutions by providing bottleless filtered water coolers and other products that use filtered water as an input, such as ice machines, sparkling water dispensers, and coffee brewers, to customers across the United States. Our point-of-use (POU) systems purify a building's existing water supply to provide reliable and convenient filtered water to a broad mix of end-markets, including government, education, medical, manufacturing, retail, hospitality, and other large commercial customers, including more than half of the Fortune 500. Headquartered outside of Philadelphia, Quench recently became an independent operating company of AquaVenture Holdings(TM).
EdeniQ Inc.
Series B in 2010
Edeniq, Inc. is a leading biotechnology company that develops processes for producing and measuring cellulosic ethanol from corn kernel fiber through its Intellulose technology. Edeniq’s Intellulose requires zero capital investment and is easily integrated into existing ethanol production facilities. Edeniq was established in 2008 and is headquartered in Visalia, Calif. with a field office in Omaha, Neb. More information can be found at www.edeniq.com.
EcoSMART Technologies
Venture Round in 2008
EcoSMART Technologies, Inc. manufactures pesticide solutions and pet care products based on natural ingredients. The company offers a range of pest control products, including ant and roach killers; bed bug killers and repellents; flea and tick control products, repellents, and sprays; flying insect killers, granules, and repellents; garden fungicides; garden insect killers; home pest control products; lawn insect killers; mosquito and tick control products; mosquito foggers; spider blasters; wasp and hornet killers; and weed and grass killers. It also provides pet care products, including conditioners, detanglers, shampoos, flea and tick controls, repellents, and sprays for residential and commercial markets. It offers its products online, as well as through retail stores. The company was founded in 1992 and is headquartered in Atlanta, Georgia. EcoSMART Technologies, Inc. operates as a subsidiary of Kittrich Corporation.
Turbine Air Systems
Private Equity Round in 2009
Turbine Air Systems designs and manufactures modular cooling and energy systems for the power generation industry, the district, commercial and industrial process cooling industries, and the industrial sector. The company specializes in high-efficiency standard product designs optimized for low life cycle cost performance. Their product capabilities include chilled water systems, air-cooled systems, clean heat and power on-site energy systems, and industrial waste heat solutions.
DynaPump
Series C in 2008
DynaPump, Inc. manufactures, sells and services surface mounted artificial lift systems for the oil and gas industry to optimize the production of oil and gas wells. The company was founded in 1992 and began commercial sale of products in 1999. DynaPump has sold over 400 units in various markets including North America, South America and the Middle East. DynaPump supports its product through company–owned service centers within the United States and utilizes local distributors to sell and service the product in international markets.
Imergy Power Systems, Inc.
Series A in 2006
Imergy Power Systems, Inc. is a cleantech company dedicated to developing and manufacturing electrical energy storage systems.
The company’s Energy Storage Platform (ESP) provides a solution to reduce energy cost and optimize renewable power generation while improving overall power reliability. It also offers L-Cell, a novel battery technology developed as a potential energy storage method for long-term space flights.
Founded in 2004, Imergy Power Systems is based in Fremont, California.
DynaPump
Series C in 2007
DynaPump, Inc. manufactures, sells and services surface mounted artificial lift systems for the oil and gas industry to optimize the production of oil and gas wells. The company was founded in 1992 and began commercial sale of products in 1999. DynaPump has sold over 400 units in various markets including North America, South America and the Middle East. DynaPump supports its product through company–owned service centers within the United States and utilizes local distributors to sell and service the product in international markets.
Apex Construction
Series B in 2008
At APEX, Their differentiation lies in their company's philosophy and their collective decision to take a more earth-friendly path to providing their customers with a smarter solution to building a more sustainable dwelling. Their conscious choice to use only 100% post-industrial/pre-consumer EPS to create their energy-efficient blocks was not a mistake. Their vision of providing occupants of their structures with greater protection against fire, high winds, earthquakes, infestation, and mold has been realized. As you journey through their site, they encourage you to compare their product to others, and they invite you to share your feedback, as they continually listen to their customers in order to provide a superior product.
AquaVenture Holdings Limited
Venture Round in 2015
AquaVenture Holdings (AVH) was formed to become the world's leading water service provider. Through its Quench and Seven Seas Water businesses, AVH provides water solutions, utilizing state-of-the-art purification and desalination technologies.
The term "Water-as-a-Service," or WAAS, refers to providing municipal, industrial and commercial customers with a reliable, worry-free, low-cost water supply without requiring up-front capital investment. In such arrangements, water systems are operated and maintained by water experts, yielding predictable and contracted water costs for customers.
TPI Composites, Inc.
Series B in 2009
TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers. The company also provides composite solutions for the transportation industry. It operates in the United States, Asia, Mexico, Europe, the Middle East, Africa, and India. The company was formerly known as LCSI Holding, Inc. and changed its name to TPI Composites, Inc. in 2008. TPI Composites, Inc. was founded in 1968 and is headquartered in Scottsdale, Arizona.
Fat Spaniel Technologies
Series B in 2008
Founded in 2003, Fat Spaniel Technologies is the leading independent provider of critical monitoring and reporting services for the renewable energy industry. Today, the company's solutions are utilized by solar power producers, financiers, system integrators, and OEMs, and growing a growing number of wind power companies. Fat Spaniel solutions help optimize energy output, reduce operations and maintenance costs, contain risk, and increase return on investment for renewable energy power plant projects.
Think Global
Series B in 2007
Think Global has been developing and producing urban mobility solutions since the early 1990s. Major investments made during the Ford ownership period contributed to an important infrastructural upgrade. New investors are now grooming Think as The Car Company of the 21st Century."
EdeniQ Inc.
Series A in 2008
Edeniq, Inc. is a leading biotechnology company that develops processes for producing and measuring cellulosic ethanol from corn kernel fiber through its Intellulose technology. Edeniq’s Intellulose requires zero capital investment and is easily integrated into existing ethanol production facilities. Edeniq was established in 2008 and is headquartered in Visalia, Calif. with a field office in Omaha, Neb. More information can be found at www.edeniq.com.
WPT Enterprises
Acquisition in 2021
WPT Enterprises, Inc., is the creator of the World Poker Tour (WPT) – the premier name in internationally televised gaming and entertainment with brand presence in land-based tournaments, television, online and mobile. Leading innovation in the sport of poker since 2002, WPT ignited the global poker boom with the creation of a unique television show based on a series of high-stakes poker tournaments. WPT has broadcast globally in more than 150 countries and territories, and is currently producing its 14th season, which will air on FSN in the United States. Season XIV of WPT is sponsored by ClubWPT.com, a unique online membership site that offers inside access to the WPT, as well as a sweepstakes-based poker club available in 35 states across the United States. ClubWPT.com also sponsors Season II of the WPT Alpha8 series of super-high roller poker tournaments which is currently in production and which will air on FOX Sports 1 in the United States. WPT participates in strategic brand license, partnership, and sponsorship opportunities. WPT Enterprises, Inc. is a subsidiary of Ourgame International Holdings, Ltd.
ECORE International, Inc.
Series A in 2008
Based in Lancaster, PA, ECORE has made a thriving business out of finding creative ways to reduce, reuse and recycle since 1989. Their company operated as Dodge-Regupol, Inc. until 2008 and is North America's largest user of scrap tire rubber. Each year, they recycle 80 million pounds of scrap tire rubber, helping conserve more than 1 million barrels of oil in the process to convert pliable treads into durable products for the construction, consumer, commercial, industrial and sports and leisure markets.
Their corporate tradition is rooted in doing what's right long-term for the environment while at the same time striving in all parts of their business to exceed their customers' expectations and make their experience with their organization, and portfolio of brands, a positive one.
Circle Pharma
Series A in 2017
Circle Pharma is an early stage biotechnology company applying proprietary computational design algorithms and innovative chemistry to develop cell permeable macrocycle peptide therapeutics against important clinical targets. It does this through an iterative, rational design process that deploys large virtual libraries of conformationally diverse macrocycle scaffolds selected for inherent permeability. The company was founded by Prof. Matt Jacobson, Ph.D. (U.C. San Francisco) and Prof. Scott Lokey, Ph.D. (U.C. Santa Cruz) and is headed by David J. Earp, J.D., Ph.D.
Quench
Series A in 2008
Quench USA, Inc. offers Water-as-a-Service(TM) solutions by providing bottleless filtered water coolers and other products that use filtered water as an input, such as ice machines, sparkling water dispensers, and coffee brewers, to customers across the United States. Our point-of-use (POU) systems purify a building's existing water supply to provide reliable and convenient filtered water to a broad mix of end-markets, including government, education, medical, manufacturing, retail, hospitality, and other large commercial customers, including more than half of the Fortune 500. Headquartered outside of Philadelphia, Quench recently became an independent operating company of AquaVenture Holdings(TM).
Wasatch Wind
Series B in 2008
The company was founded in Utah in 2002 as “Wind Tower Composites, LLC†to research, develop, and commercialize lighter weight, taller and modular wind turbine towers for utility scale, multi megawatt commercially available turbines. Later after subsequent engineering changed the direction of design to steel constructs and damper technologies, the company was renamed “Wind Tower Systems, LLCâ€. Under the auspices of the Low Wind Speed Technology Program of the Department of Energy (DOE), grants totaling $850,000 were used to conduct research and complete development work. An additional $3,100,000 matching grant ($1.511 million cash) from the California Energy Commission enabled construction, testing, and certification of the new tower with a commercial turbine and demonstration of a crane-less installation method for the tower and turbine.
