Nelson Miller Group Acquires Injection Works

New Water Capital Acquires Nelson-Miller, Inc.

October 28, 2021

Manufacturing

New Water Capital, L.P. has acquired Nelson-Miller, Inc., a designer and manufacturer of human-machine interface (HMI) components and engineered assemblies serving medical, aerospace & defense and industrial end markets. The deal makes Nelson-Miller New Water’s newest platform investment to expand engineering, manufacturing and global supply-chain capabilities; Nelson-Miller was previously a portfolio company of Superior Capital Partners.

Nelson Miller Group Acquires New England Keyboard, Inc.

June 17, 2025

Manufacturing

Nelson Miller Group, a New Water Capital-backed platform, has acquired New England Keyboard, Inc., a designer and manufacturer of custom keyboards, membrane switches and related HMI components. The deal is an add-on to the Nelson Miller platform intended to expand HMI engineering, manufacturing and end-market coverage in high-reliability sectors such as defense, medical and semiconductors.

Lear Corporation Acquires M&N Plastics

March 25, 2021

Automotive

Lear Corporation acquired M&N Plastics, a Michigan-based injection molding specialist, to strengthen vertical integration and expand its capability to produce engineered plastic components for automotive electrical distribution and power electronics. M&N Plastics operates facilities in Sterling Heights, Michigan and El Paso, Texas and will support Lear's E-Systems connection systems business.

Newbury Franklin Industrials Acquires Metro Plastics Technologies

April 28, 2022

Manufacturing

Newbury Franklin Industrials (NFI) acquired Metro Plastics Technologies, a custom plastic injection molding company based in Noblesville, Indiana; the deal closed April 28, 2022. The acquisition brings injection molding, in‑house tooling and smart manufacturing (IoT-enabled) capabilities into NFI’s industrial components platform and continues the Hahn family’s legacy through a culturally aligned buyer.

Water Engineering (Nolan Capital Portfolio) Acquires American Water Treatment, Inc.

July 13, 2022

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired American Water Treatment, a family-owned water treatment services provider headquartered in St. Louis, Missouri. The acquisition adds American Water’s ~900-customer, multi-state footprint to the WEI platform as an add-on to expand geographic coverage and service capabilities while retaining the existing team and legacy brand.

Intermediate Capital Group (ICG) Acquires Seaway Plastics Engineering

June 28, 2022

Manufacturing

Intermediate Capital Group's North American Direct Private Equity team has acquired Seaway Plastics Engineering, a Florida-based manufacturer of injection-molded engineered components serving medical device, healthcare, aerospace & defense, and precision industrial end markets. ICG plans to support Seaway's organic growth and pursue add-on acquisitions to expand product capabilities and geographic footprint; financial terms were not disclosed.