Edgewater Capital Partners Acquires Well Master

Edgewater Capital Partners Acquires Well Master

Cleveland, OH - June 23, 2026 - Edgewater Capital Partners ("Edgewater"), a Cleveland, Ohio-based private equity firm, acquired Well Master, a leading provider of plunger lift systems, automation technologies, and production optimization solutions for the oil & gas industry across North America and international markets.

This investment marks an important milestone in Well Master's history and provides the company with additional resources to accelerate growth, expand capabilities, and continue investing in innovative solutions for its customers. As part of the transaction, Well Master's leadership team will remain in place and continue leading the company's strategic direction and day-to-day operations.

"Today's announcement represents an exciting new chapter for Well Master," said Michael Marino, President and CEO of Well Master Corporation. "Over the past 40 years, we have built our business on innovation, customer relationships, and a commitment to solving our customer's most complex production challenges. Edgewater's experience, values, and investment philosophy make them an ideal partner as we continue to grow."

Joel Rathbun, Partner at Edgewater, commented, "We are excited to partner with the Well Master team. The company has built a strong reputation in the market through its high-quality products, engineering expertise, and exceptional customer service. We believe Well Master is well-positioned to continue growing in the plunger lift and production optimization markets, and we look forward to supporting the company's next phase of growth."

About Well Master

Well Master specializes in the engineering, manufacturing and distribution of durable, high-performance artificial lift products and solutions designed to optimize oil and gas production and extend well life. With a strong focus on innovation, reliability, and field-proven performance, Well Master delivers solutions that improve efficiency and reduce downtime across a wide range of operating environments. The company is headquartered in Golden, Colorado. Visit wellmaster.com for more information.

About Edgewater Capital Partners

Headquartered in Cleveland, Ohio, Edgewater Capital Partners is a sector-focused private equity firm investing in middle-market performance materials and services businesses. The firm has extensive experience investing in people, technology, and infrastructure to accelerate the growth trajectory of specialty industrials, advanced materials, chemicals, and life sciences businesses. Over twenty-five years of industry-specific investing has allowed the firm to develop a deep understanding of the complexities and nuances common to these businesses.

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