Houston, TX – July 14, 2025 — Mitchell Capital, a private equity firm focused on long-term partnerships with high-impact businesses, today announced the acquisition of a controlling interest in Optelos, an innovative provider of digital twin platforms and intelligent asset assurance solutions for critical infrastructure.
This strategic investment strengthens Mitchell Capital’s commitment to advancing digital infrastructure, operational intelligence, and safety across telecom, utilities, and industrial markets. Optelos delivers a powerful combination of cloud-based AI analytics, digital twin modeling, and expert field engineering to help organizations visualize, optimize safety, and reliability through advanced digital twin technology.
“Optelos stands at the intersection of digital transformation and operational excellence,” said Paul Tyree, CEO at Mitchell Capital. “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.”
Founded in 2014, Optelos has earned recognition for its industry-first digital twin platform, which creates virtual replicas of complex environments. This technology, combined with AI-powered analytics, enables customers to simulate scenarios, detect anomalies, and prioritize interventions with precision. Optelos supports clients in utility, telecom, midstream oil & gas, refining, petrochemical processing, and industrial manufacturing.
“Mitchell Capital shares our vision to transform how mission-critical assets are managed,” said David Tran, CEO of Optelos. “With their support, we will accelerate product innovations, expand our go-to-market strategy, and grow our presence in sectors we serve.”
The acquisition provides growth capital to scale resources, invest in next-generation platform capabilities, and deepen client engagement. Mitchell Capital will collaborate closely with the Optelos leadership team to ensure continuity while enabling strategic expansion.
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About Mitchell Capital
Mitchell Capital is a private equity firm focused on building exceptional businesses in industrial services, infrastructure, and technology-enabled markets. Through active partnership and operational expertise, Mitchell Capital helps companies scale with purpose and performance.
About Optelos
Optelos is a data intelligence and digital twin platform company delivering advanced asset insights, service assurance, and operational visibility for critical infrastructure. Its cloud-native solutions empower clients in energy, manufacturing, and industrial sectors to visualize, analyze, and optimize safety, inspections, and asset management with confidence and clarity.