Promountings Acquires Aqua Training Bag

New Water Capital Acquires Bulk Lift International and Bagwell Supply

November 1, 2022

Manufacturing

Private equity firm New Water Capital completed acquisitions of Bulk Lift International LLC and Bagwell Supply Ltd., combining two North American designers, manufacturers and distributors of flexible intermediate bulk containers (FIBCs) and complementary packaging products. The transactions expand the combined company's manufacturing and distribution footprint across the United States, Canada and Mexico and mark additional platform/add-on activity for New Water Capital Fund II.

FreshPure Waters Acquires Aqua Solutions

April 18, 2024

Food & Beverage

FreshPure Waters, a New Mexico-based bulk water vending operator, has acquired Aqua Solutions, a longtime vendor of high-end water-refill machines for grocery stores, to expand its national footprint and strengthen service capabilities in the Western United States. The acquisition follows FreshPure’s October 2023 purchase of Arctic Mountain and further grows FreshPure’s presence (now in 43 states).

Field Packaging Solutions Acquires Bag Supply Company

February 1, 2023

Packaging

Field Packaging Solutions, a self-funded private family office, has acquired Bag Supply Company, a Birmingham, Alabama-based manufacturer and distributor of FIBCs, multi-wall paper bags, woven polypropylene bags and other packaging products. The transaction closed on February 1, 2023 and is intended to expand Field's packaging capabilities and product footprint across North America while providing long-term stability and growth resources for Bag Supply.

ACW Flex Pack (Edgewater Portfolio) Acquires Bag Pack, Inc.

November 17, 2021

Packaging

ACW Flex Pack, a portfolio company of Edgewater Growth Capital Partners IV, has acquired Bag Pack, Inc., a custom converter of polyethylene bags, mailers, pouches and specialty flexible packaging products. The deal is an add-on to Flex Pack’s platform to expand manufacturing capabilities and capabilities in flexible packaging as the platform pursues additional acquisitions.

Aqua-Leisure Recreation Acquires Airhead Sports Group

December 6, 2021

Consumer Products

Aqua-Leisure Recreation, a Blackford Capital–backed maker of aquatic products, has acquired Denver-based Airhead Sports Group in the first add-on under Blackford's ownership. The deal combines two leading consumer brands in pool floats, towables and outdoor leisure products to expand sourcing, distribution and product development capabilities and pursue omni-channel retail and wholesale growth.

Blackford Capital Invests in Aqua‑Leisure Industries

January 13, 2021

Consumer Products

Grand Rapids-based private equity firm Blackford Capital announced a majority investment in Aqua‑Leisure Industries, a Boston-area designer, manufacturer and distributor of water-sport and pool leisure consumer products. Blackford said it will support organic growth, expand distribution and pursue add-on acquisitions while the Aqua‑Leisure management team remains in place; financing partners included Mercantile Bank and Muzinich & Co., with Rush Street advising on debt financing.