Private Equity Firm Financial Services

New Water Capital

Boca Raton, Florida, United States

New Water Capital is a lower middle market private equity firm focused on investing in consumer and industrial manufacturing companies in special situations.

Focus Areas
Private equity (lower-middle-market)

Tracked deals

15

15 tracked deals across 2019-2026.

Recent pace

3

3 tracked deals announced in the last 12 months.

Deal mix

Addon

9 addon · 5 buyout · 1 recapitalization

New Water Capital Acquisition Volume by Year

Last 7 years

Acquisition volume by year Annual acquisition counts for the last 7 years for New Water Capital. 2 2019 1 2020 1 2021 4 2022 2 2023 2 2025 ~4 est. 3 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 15 tracked deals for New Water Capital.

  • Buyer
    New Water Capital Partners
    Target
    LidWorks
    Industry
    Packaging
    Type
    Buyout

    An affiliate of New Water Capital Partners acquired LidWorks, a family-owned designer and manufacturer of custom foodservice lids based in Plant City, Florida. New Water plans to support growth through investments in capacity and targeted M&A to broaden LidWorks’ capabilities and serve customers.

  • Buyer
    Gravis, New Water Capital
    Target
    ProCon Pacific
    Type
    Addon

    Gravis, a Florida-based infrastructure contractor backed by New Water Capital, announced it is acquiring ProCon Pacific, an Oregon contractor specializing in utility-scale electrical construction. The bolt-on extends Gravis’s footprint for the first time from the Southeast into the Pacific Northwest, where ProCon has established relationships with electric cooperatives and municipal utilities in Oregon and Washington.

  • Buyer
    Gravis, New Water Capital, L.P.
    Target
    Procon Pacific
    Industry
    Packaging
    Location
    United States
    Type
    Addon

    Gravis, a portfolio company of New Water Capital, acquired Procon Pacific. Mesirow acted as the exclusive financial advisor to Gravis in the transaction.

  • Buyer
    Nelson Miller Group, New Water Capital
    Target
    New England Keyboard, Inc.
    Industry
    Manufacturing
    Type
    Addon

    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.

  • Buyer
    New Water Capital Partners II L.P. (affiliate)
    Target
    Dutch Gold Honey, McLure's Honey & Maple Products, Gamber Container Company, The Bacon Jug Company, DGH Logistics
    Seller
    Gamber family (existing owners / rollover investors)
    Industry
    Food & Beverage
    Type
    Buyout

    An affiliate of New Water Capital Partners II L.P. has acquired Dutch Gold Honey and its related businesses — McLure's Honey & Maple Products, Gamber Container Company, The Bacon Jug Company and DGH Logistics. The investment positions Dutch Gold for expanded capacity, operational upgrades and growth while the Gamber family remains invested in the business.

  • Buyer
    Nelson Miller Group, New Water Capital
    Target
    Injection Works
    Industry
    Manufacturing
    Type
    Addon

    Nelson Miller Group, a New Water Capital portfolio company, has acquired Injection Works, a Mount Laurel, New Jersey-based custom thermoplastic injection molder. The add-on expands NMG's North American manufacturing footprint and capabilities, enhancing its ability to deliver engineered plastic components and value-added assembly and engineering services to medical, industrial and electrical end markets.

  • Buyer
    New Water Capital, Bulk Lift International (Bulklift)
    Target
    Norwood Paper Inc., BulkSak International
    Seller
    Norwood Paper ownership / family shareholders, Sonoco Products Company
    Industry
    Manufacturing
    Location
    United States
    Type
    Addon

    New Water Capital, via its Bulk Lift transportation packaging platform, completed add-on acquisitions of Norwood Paper Inc. (Chicago, IL) and BulkSak International (Gastonia, NC). The transactions expand the platform's offering in FIBCs, liners and related polypropylene- and paper-based transportation packaging, and make the combined platform the largest provider of specialty FIBCs and related packaging in North America.

  • Buyer
    LUXIT Group, New Water Capital
    Target
    Proper Pulaski (Proper Group International Pulaski, TN manufacturing operation)
    Seller
    Proper Group International, LLC
    Industry
    Automotive
    Type
    Addon

    LUXIT Group, a portfolio company of New Water Capital, acquired Proper Group International's Pulaski, Tennessee manufacturing operation — an 88,000 sq ft facility employing 140 people that produces polymer automotive lighting products. The acquisition expands LUXIT's U.S. manufacturing footprint and capabilities (injection molding, anti-fog/hard coating, assembly) to support growth, vertical integration, and improved service to OEM and Tier 1 customers.

  • Buyer
    New Water Capital
    Target
    Bulk Lift International LLC, Bagwell Supply Ltd.
    Industry
    Manufacturing
    Type
    Buyout

    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.

  • Buyer
    New Water Capital (affiliate of New Water Capital Partners II L.P.)
    Target
    Klosterman Baking Company Inc.
    Seller
    Klosterman family
    Industry
    Food & Beverage
    Type
    Buyout

    An affiliate of New Water Capital Partners II L.P. has acquired Klosterman Baking Company, a long-standing producer of fresh and frozen baked goods serving grocers, restaurants and institutional customers. New Water said it will partner with management to expand Klosterman's product portfolio and geographic distribution footprint through organic and inorganic growth initiatives.

  • Buyer
    New Water Capital
    Target
    Chainlogix
    Seller
    Rick Perrault (founder-owner)
    Industry
    Manufacturing
    Type
    Addon

    New Water Capital (via an affiliate) has acquired Chainlogix, a Troy, Virginia provider of engineered components, assemblies and supply chain management, and will merge it with New Water portfolio company Nelson Miller. The combination is intended to add global sales, offshore sourcing and supply‑chain capabilities to the Nelson Miller platform while Chainlogix founder Rick Perrault remains in a senior leadership role.

  • Buyer
    New Water Capital, L.P.
    Target
    Nelson-Miller, Inc.
    Seller
    Superior Capital Partners LLC
    Industry
    Manufacturing
    Type
    Buyout

    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.

Related Acquisition Pages

Selling a company? Get in front of buyers like New Water Capital

Turn tracked acquisition activity into an outreach-ready buyer list.