New Water Portfolio Company Nelson Miller Group Acquires Injection Works
Aug 29, 2023•almost 2 years ago
Acquiring Company
Nelson Miller Group
Acquired Company
Injection Works
Description
New Water Capital ("New Water"), an operationally-focused lower middle market private equity firm, today announced that its portfolio company, Nelson Miller Group, has completed the acquisition of Injection Works, a Mount Laurel, New Jersey-based provider of complex, custom thermoplastic injection molded plastic components and assemblies for customers in medical, industrial and electrical end-markets, among others.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed