Private equity firm Mitchell Capital has acquired a controlling interest in Optelos, a company specializing in digital twin platforms and intelligent asset assurance solutions for critical infrastructure.
This deal deepens Mitchell Capital’s commitment to advancing digital infrastructure, operational intelligence, and safety across various sectors, including telecom, utilities, and industrial markets. And Optelos provides a powerful combination of cloud-based AI analytics, digital twin modeling, and expert field engineering to help organizations visualize, optimize safety, and ensure reliability using advanced digital twin technology.
Launched in 2014, Optelos is known for its pioneering digital twin platform, which creates virtual replicas of complex environments. This technology, when paired with AI-powered analytics, enables clients to simulate scenarios, detect anomalies, and prioritize interventions with greater accuracy. And Optelos serves clients in utilities, telecom, midstream oil & gas, refining, petrochemical processing, and industrial manufacturing.
The deal provides Optelos with growth capital to expand resources, invest in new platform capabilities, and enhance client engagement. Mitchell Capital will work closely with Optelos’s leadership to ensure smooth operations while enabling strategic growth.
KEY QUOTES:
“Optelos stands at the intersection of digital transformation and operational excellence. Their platform enables a real-time understanding, maximizing efficiency and operational excellence, performance, and risk—especially critical for industries where safety, uptime, situational awareness, and asset integrity are non-negotiable. We’re proud to back their mission and help scale their impact.”
Paul Tyree, CEO at Mitchell Capital
“Mitchell Capital shares our vision to transform how mission-critical assets are managed. With their support, we will accelerate product innovations, expand our go-to-market strategy, and grow our presence in sectors we serve.”
David Tran, CEO of Optelos
