New Water Capital

Overview

New Water Capital is a private equity firm established in 2014, headquartered in Boca Raton, Florida. The firm focuses on lower-middle market companies in the consumer products and industrial manufacturing and services sectors, with revenues ranging from $30 million to $300 million. Their investment strategy emphasizes control investments, turnarounds, and distressed situations, aiming to support companies in transition and enhance their operational performance. The firm's collaborative transaction and operating model is designed to support companies facing special situations, building on their unique cultures and strengths. New Water Capital has raised approximately $406 million for its inaugural private equity fund, New Water Capital Partners, L.P., which closed in July 2015. This fund exceeded its original $250 million target, reflecting strong investor confidence in the firm's approach. New Water Capital's portfolio includes investments in various sectors, such as consumer products, industrial manufacturing, and services. Notable investments include Custom Made Meals, a leading provider of fresh, handmade, oven-ready entrees, appetizers, and sides for grocery retailers, and The Perfect Bite Co., a research, development, and ideation firm for the frozen food industry. These investments highlight the firm's commitment to partnering with businesses that have enduring value propositions and significant growth potential.

Investment Focus

• Companies with revenues between $30 million and $300 million
• Businesses in transition or facing special situations
• Potential for operational improvement and growth

Portfolio Companies