Westward Partners and SMB Climate Invest in Synapse Wireless

Huntsville, Alabama, January 7, 2026 — In partnership with existing management, Westward Partners and SMB Climate acquired majority interest in Synapse Wireless and EdgePower (collectively, “Synapse”) in December 2025. This strategic partnership marks a new chapter of growth for the company, providing the long-term capital and operational expertise to scale its market-leading energy management solutions.

Founded in 2007, Synapse has established itself as a leader in Networked Lighting Controls and Energy Management for large commercial buildings and demanding outdoor applications. With a portfolio of over 50 patents, the company offers a comprehensive turnkey solution powered by its proprietary wireless mesh network, SimplySnap, and advanced control and monitoring software. With over 2 million units installed globally, Synapse has earned a reputation among facility managers and engineers for technology that “Just Works.”

“Westward Partners and SMB Climate are the ideal partners to guide Synapse through our next stage of evolution,” said Nate Glasgow, CEO of Synapse. “Their patient capital, focus on stakeholder value, and proven track record of building resilient companies align well with our culture. This partnership ensures we can continue to serve our customers with the same dedication they have come to expect while expanding our reach.”

The investment comes at a critical inflection point for the energy sector. “The demand for energy efficiency has never been higher, driven by the rise of AI-driven data centers and the broader electrification of the economy,” said Erik Tolzmann, Founder of Westward Partners. “Synapse provides a vital solution that helps customers drastically reduce energy consumption, mitigating the need for utilities to add expensive new capacity to the grid.”

“This investment aligns perfectly with SMB Climate’s mission of partnering with companies that provide top tier returns for investors while meaningfully decarbonizing our planet,” said Nick Cravalho, Founder of SMB Climate. “By integrating Synapse technology, customers can achieve energy savings of over 30%. This doesn't just improve the bottom line—it significantly reduces the carbon footprint of the built environment.”

Synapse has achieved consistent, profitable growth through its robust technology offering and a commitment to exceptional customer service. With the support of Westward Partners and SMB Climate, the company plans to accelerate its growth trajectory by expanding its talented team and further enhancing its SimplySnap platform to meet the evolving needs of the energy market.

About Synapse Wireless

Synapse Wireless is an Internet of Things (IoT) company that helps commercial and industrial customers reveal and reduce energy waste. Their core platform, SimplySnap, is a field-proven energy management and wireless lighting control solution designed for the most demanding environments, including manufacturing facilities, warehouses, sports arenas, and smart cities. With over 15 years of experience and 2 million edge devices in the field, Synapse simplifies the complex world of energy management through intuitive, scalable, and secure technology. For more information, visit www.synapsewireless.com.

About Westward Partners

Westward Partners is a private equity firm that partners with lower middle-market companies across North America. Founded by two entrepreneurs over 15 years ago, Westward focuses on sustainable businesses in the business services, manufacturing, and consumer sectors. With a long-term perspective and a focus on operational excellence, Westward collaborates with existing management teams to build durable value for employees, executives, and investors alike. For more information, visit www.westwardpartnersllc.com.

About SMB Climate

SMB Climate is an investment firm dedicated to the climate transition. Founded by Nick Cravalho, formerly of Amazon’s Climate Pledge Fund, the firm invests in small-to-medium businesses that deliver top-tier financial returns alongside measurable climate impact. SMB Climate focuses on building electrification, distributed energy, and waste-to-value sectors, partnering with founders to protect their legacy while scaling solutions that accelerate global decarbonization. For more information, visit www.smbclimate.com.