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New Water Capital Fund Ii Completes 5 Acquisitions In 13 Months With Purchase Of 2 Fibc Providers Bulk Lift And Bagwell

Dec 08, 2022•over 2 years ago

Acquiring Company

New Water Capital Partners II L.P

Acquired Company

Bulk Lift Bagwell

Description

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 Information

Company

New Water Capital Partners II L.P

Location

5619104052

About

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.

M&A Insights

Based on deal data
Integration 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