January 22, 2021
Accelerating the Energy Transition
As Energy Transition and Climate Tech focused investing gathers momentum, it is prudent to understand how this time is different from the false starts of the past. In this report, we discuss the role a fund like CSL Capital Management can play in Accelerating the Energy Transition.
January 8, 2021
CSL Ventures: Partner to Early-Stage Energy and Industrial Technology Startups
The Energy and Industrial sectors are entering an era where digital technological innovation has become essential to facilitate cost reduction, efficiency improvement and meet new ESG goals. In this article, CSL Ventures highlights how there is a growing need to provide long-term sustainable capital, operational knowledge and guidance to emerging Energy and Industrial venture technology companies. CSL Ventures was launched in August 2019 with the objective to enable leading entrepreneurs build successful enterprises by providing capital, deep industry connections and technology development and operational expertise.
August 18, 2020
Connectus Global Closes Venture Funding Round from Texas Based CSL Ventures
Connectus Global (Connectus), a leader in real-time location tracking, worker safety, productivity and process automation solutions for energy, industrial and mining sectors, is pleased to announce that it has closed its Seed Round of financing led by Houston, Texas based CSL Ventures, the venture capital arm of energy services private equity firm CSL Capital Management.
March 11, 2020
ExxonMobil Signs Partnership Agreement with CSL Ventures' Portfolio Company - REDLIST
Powered by REDLIST’s proven mobile-ready, cloud-based app, Mobil Serv Lubrication Management brings these multiple work and data streams into one system, providing operators with improved collaboration and productivity and more control over their data and assets. The platform is also easily integrated into operators’ existing computerized maintenance management (CMMS) and enterprise resource planning (ERP) systems.
February 7, 2020
HART Energy features CSL Ventures' IIoT company (Machfu) in its February 2020 news edition
The latest IIoT protocols and application gateways have simplified the bridge between IT and operational systems, permitting upstream and midstream oil and gas operations to more easily connect edge devices to backend servers and cloud infrastructure.
December 17, 2019
Utah Software Company Receives Funding from One of Houston's Premier Energy Investors
REDLIST®, an Asset and People Management Software as a Service (SaaS) platform for businesses that use heavy equipment, announced an investment round, led by CSL Ventures based out of Houston, Texas, with participation from existing investors.
December 16, 2019
Machfu Raises $3.75 Million to Accelerate Industrial IoT
Machfu, a leader in Edge Intelligence Platform and Applications for the Industrial Internet of Things (IIoT), announced that it has closed $3.75 million in its Series A round. This investment is led by CSL Ventures with participation from existing and new investors, Blu Ventures, Texas Ventures and Texas Halo Fund. The company will use the capital to accelerate its successes in Smart Grid and Oil & Gas markets and expand its footprint in the industrial space.
November 20, 2019
GoExpedi Raises $25M Series B to Accelerate Market Expansion
GoExpedi, an innovative new e-commerce, supply chain and analytics company that is reinventing procurement for industrial and energy MRO (maintenance, repair and operations), today announced it raised $25 million in Series B funding. The investment was led by Top Tier Capital Partners, alongside CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital and other current investors.
November 7, 2019
Energy Technology Showcase; A Tech Revolution Unfolding?
Technology revolution coming? Last week, we hosted a well-attended showcase with CSL Capital Management’s (“CSL”) venture arm – CSL Ventures. The attendees included a wide range of investors, entrepreneurs, energy management executives and industry strategists. It was an engaging two-hour session with active participation from the audience and an exciting discussion around key emerging themes and technologies in the energy industry.
August 16, 2019
CSL Capital Management Announces the Formation of CSL Ventures
CSL Capital Management, L.P. (“CSL Capital”) is pleased to announce the formation of CSL Ventures, a new investment initiative focused on early stage and technology-focused opportunities across the energy services industry. The new strategy will be part of the firm’s latest fund CSL Energy Opportunities Fund III. The energy industry is entering an era where technological innovation has become essential to facilitate cost reduction, efficiency improvement, and meet new environmental and social goals. In this environment, there is a growing need to provide long-term sustainable capital, operational knowledge and guidance to emerging energy technology companies.
May 31, 2019
Charlie Leykum on CNBC: Energy
Charlie Leykum, Founder and Managing Partner of CSL Energy Fund, discusses the big oil and gas impact of the president's tariff threats.
April 30, 2019
Weatherford Completes Sale of Laboratory Services Business
Weatherford International plc (NYSE: WFT) (the "Company" or "Weatherford") today announced it has completed the sale of its laboratory services business to a group led by CSL Capital Management, L.P. ("CSL Capital") for $206 million in cash.
April 24, 2019
CSL Capital Management Announces Exit of Fountain Quail Treatment
XRI Holdings, LLC (“XRI” or the “Company”), a leading water midstream company with owned infrastructure throughout the Permian Basin, announced today that it has acquired the water treatment and recycling division of Fountain Quail Energy Services, LLC (“Fountain Quail Water Treatment”).
February 13, 2019
CSL Capital Management Sells Optum Energy Solutions to LiquidPower Specialty Products Inc.
CSL Capital Management, L.P. (CSL Capital) announced the sale of its Optum Energy Solutions drag reducing agent (DRA) business and related manufacturing facility located in Chickasha, OK to LiquidPower Specialty Products Inc. (LSPI), a Berkshire Hathaway company and the global market leader in DRA technology and production.
January 14, 2019
Ex-Halliburton Chairman Dave Lesar to Start New Oil-Services Company
Dave Lesar, fresh from retiring as executive chairman of Hallburton Co. at the end of 2018, is working on a new venture in the oil patch with funding from private equity firm CSL Capital Management.