New Water Capital Fund Ii Completes 5 Acquisitions In 13 Months With Purchase Of 2 Fibc Providers Bulk Lift And Bagwell
New Water Capital Fund Ii Completes 5 Acquisitions In 13 Months With Purchase Of 2 Fibc Providers Bulk Lift And Bagwell
12/08/22, 2:41 PM
Private equity firm New Water Capital (NWC) announced today an investment in the flexible intermediate bulk container (FIBC) sector, with the acquisition of Bulk Lift International LLC (Bulk Lift) and Bagwell Supply Ltd. (Bagwell) – two North American designers, manufacturers and value-added distributors of FIBCs and complementary packaging products. The transactions in November 2022 create one of North America's largest FIBC providers, company officials said, primarily serving customers in the food and beverage, chemical, pharmaceutical, minerals, and construction products industries. The closing of these two acquisitions marks NWC's third platform investment and second add-on across New Water Capital Fund II.
Company Info
Company info
New Water Capital L.P. is a private equity firm focused on lower-middle market companies in the consumer products and industrial manufacturing and services sectors. The firm specializes in supporting companies in transition and building on their unique cultures and strengths. They aim to invest in businesses with significant growth potential. New Water has made several investments in the consumer products industry.