NEWater

New Water Portfolio Company Nelson Miller Group Acquires Injection Works

Retrieved on: 
Tuesday, August 29, 2023

BOCA RATON, Fla., Aug. 29, 2023 /PRNewswire/ -- 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.

Key Points: 
  • BOCA RATON, Fla., Aug. 29, 2023 /PRNewswire/ -- 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.
  • Injection Works will join together with current New Water portfolio company Nelson Miller Group (NMG), which is a full-service provider of engineering, manufacturing and supply chain solutions focused on supporting high-reliability applications across industrial, IoT, medical, lighting and aerospace industries.
  • Adds Chris Rapacki, Co-Founder and CEO of Injection Works, "Nelson Miller Group shares in our commitment to our customers and employees, which is built on years of trust delivered through quality and dependability.
  • MBS Advisors served as the exclusive financial advisor to Injection Works on the transaction, while Kirkland and Ellis served as legal counsel to Nelson Miller Group.

DuPont Water Solutions multi-tech offering selected for use in the world's largest MBR-RO water reuse plant

Retrieved on: 
Thursday, March 2, 2023

WILMINGTON, Del., March 2, 2023 /PRNewswire-PRWeb/ -- DuPont MemPulse® Membrane Bioreactor System (MBR) and FilmTec™ Reverse Osmosis (RO) technologies have been selected as part of a multi-technology solution for implementation in Singapore's Tuas Water Reclamation Plant (WRP), which is currently under construction as part of PUB's Deep Tunnel Sewerage System Phase 2 project. This new facility is planned to commence initial operations in 2026 and is poised to become one of the world's largest membrane bioreactor (MBR) facilities when fully completed.

Key Points: 
  • Ltd., has selected DuPont to implement its MemPulse™ MBR and FilmTec™ RO technologies for the sustainable production of NEWater at the landmark Tuas Water Reclamation Plant.
  • "Over the last twenty years, Singapore has been an international trendsetter in water reclamation.
  • "DuPont has a long-term commitment to Singapore, and we are very proud to see our technology deployed as part of such an internationally significant project," said Kee Hoe Ng, Project Sales Leader, DuPont Water Solutions.
  • To learn more about the extensive portfolio of technologies offered by DuPont Water Solutions, please visit: https://www.dupont.com/water.html

New Water Capital Fund II Completes 5 Acquisitions in 13 Months with Purchase of 2 FIBC Providers Bulk Lift and Bagwell

Retrieved on: 
Thursday, December 8, 2022

The closing of these two acquisitions marks NWC's third platform investment and second add-on across New Water Capital Fund II.

Key Points: 
  • The closing of these two acquisitions marks NWC's third platform investment and second add-on across New Water Capital Fund II.
  • The closing of these acquisitions marks NWC's 3rd platform investment and 2nd add-on across New Water Capital Fund II.
  • The combined investment marks the third platform for our firm's second fund," said New Water Capital Principal Matt Carlos.
  • Founded in Vancouver in 1997, Bagwell has over two decades of experience providing quality bulk bags and packaging solutions.

Pertamina, Keppel Infrastructure, and Chevron Sign Agreement to Explore Development of Green Hydrogen and Ammonia Projects in Indonesia

Retrieved on: 
Friday, November 11, 2022

Ltd. (Chevron New Energies), have signed a Joint Study Agreement (JSA) to explore the development of selected green hydrogen and green ammonia projects using renewable energy located primarily in Sumatera, Indonesia.

Key Points: 
  • Ltd. (Chevron New Energies), have signed a Joint Study Agreement (JSA) to explore the development of selected green hydrogen and green ammonia projects using renewable energy located primarily in Sumatera, Indonesia.
  • Ltd., Andrew S. Mingst; CEO of Pertamina NRE, Dannif Danusaputro; Director of Keppel New Energy Pte., Ltd., Chua Yong Hwee.
  • Dannif Danusaputro, CEO of Pertamina NRE, said, The development of green hydrogen and green ammonia holds a significant role in Indonesias Net Zero Emissions roadmap.
  • And with its potential, we believe that Indonesia will also play a key role in green hydrogen production in Asia.

Air Liquide, Chevron, Keppel Infrastructure, and PetroChina Form Consortium to Explore CCUS Solutions in Singapore

Retrieved on: 
Wednesday, September 21, 2022

The consortium intends to research, test, and develop technological, logistical, and operational solutions for CCUS in Singapore.

Key Points: 
  • The consortium intends to research, test, and develop technological, logistical, and operational solutions for CCUS in Singapore.
  • PetroChina is pleased to be part of this consortium with Air Liquide, Keppel Infrastructure and Chevron; a partnership that will leverage one anothers strengths, capabilities and respective ecosystems towards the advancement of large-scale CCUS solutions in Singapore.
  • 1 Through Air Liquide Singapore Pte Ltd, Chevron New Venture Pte Ltd, Keppel Energy Ventures Pte Ltd, and PetroChina International (Singapore) Pte Ltd respectively.
  • Keppel Infrastructure (KI) is a wholly-owned subsidiary of Keppel Corporation, a Singapore flagship multinational company providing solutions for sustainable urbanisation.

New Water Capital Affiliate Acquires Chainlogix to Merge with Nelson Miller

Retrieved on: 
Tuesday, January 18, 2022

"Like Nelson Miller, Chainlogix creates value for its customers through its management of difficult-to-manage aspects of the product lifecycle, such as niche component design, engineering, assembly and end-to-end supply chain management," said Nelson Miller President Jim Kaldem.

Key Points: 
  • "Like Nelson Miller, Chainlogix creates value for its customers through its management of difficult-to-manage aspects of the product lifecycle, such as niche component design, engineering, assembly and end-to-end supply chain management," said Nelson Miller President Jim Kaldem.
  • "Chainlogix provides services and expertise that complement and support Nelson Miller's strengths, including advanced off-shore sourcing and technical sales capabilities."
  • With the CLX acquisition, New Water Capital's Fund II platform adds global sales and sourcing expertise to Nelson Miller.
  • "We are excited to build upon our first platform in Fund II through the Chainlogix acquisition," said Matt Carlos, Principal at New Water Capital.

New Water Capital Sells Emerald EMS

Retrieved on: 
Tuesday, January 4, 2022

BOCA RATON, Fla., Jan. 4, 2022 /PRNewswire/ -- New Water Capital (New Water), a Boca Raton-based, lower-middle market private equity firm, has sold Emerald EMS (Emerald), a leading provider of high-mix, low-volume engineering, design, prototyping, testing, assembly and lifecycle support services for blue-chip original equipment manufacturers, to private equity firm Crestview Partners (Crestview).

Key Points: 
  • BOCA RATON, Fla., Jan. 4, 2022 /PRNewswire/ -- New Water Capital (New Water), a Boca Raton-based, lower-middle market private equity firm, has sold Emerald EMS (Emerald), a leading provider of high-mix, low-volume engineering, design, prototyping, testing, assembly and lifecycle support services for blue-chip original equipment manufacturers, to private equity firm Crestview Partners (Crestview).
  • Emerald EMS increased earnings five-fold during the two years of New Water's ownership.
  • New Water's initial investment in the Electronic Manufacturing Services (EMS) sector occurred in September 2019, through its initial simultaneous acquisition of Salem, New Hampshire-based DataED and Silicon Valley-based Bestronics, Inc. New Water and management re-branded the two companies in June 2020 to create Emerald EMS.
  • About New Water Capital L.P.
    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 with revenues of $30 million to $300 million.

CRESTVIEW ACQUIRES EMERALD EMS

Retrieved on: 
Tuesday, January 4, 2022

NEW YORK and SALEM, N.H., Jan. 4, 2022 /PRNewswire/ --Crestview Partners ("Crestview"), a leading private equity firm, announced today that it has completed the acquisition of Emerald EMS ("Emerald" or the "Company") from New Water Capital ("New Water").

Key Points: 
  • NEW YORK and SALEM, N.H., Jan. 4, 2022 /PRNewswire/ --Crestview Partners ("Crestview"), a leading private equity firm, announced today that it has completed the acquisition of Emerald EMS ("Emerald" or the "Company") from New Water Capital ("New Water").
  • Crestview is investing alongside the existing management team led by CEO Vic Giglio, who will continue to lead the Company.
  • Headquartered in Salem, NH, Emerald is an electronics manufacturing services ("EMS") provider specializing in high-mix, low-volume engineering, design, prototyping, testing, assembly and lifecycle support services for blue-chip original equipment manufacturers across a range of end markets.
  • Vic Giglio, CEO of Emerald, said, "We are excited to have Crestview as our partner for this next phase in Emerald's evolution.

Newater Technology, Inc. Announces Year 2020 Audited Financial Results

Retrieved on: 
Monday, May 3, 2021

Yuebiao Li, the Company\'s CEO, commented "We are pleased with our accomplishments in 2020, we overcame the impact of COVID-19 epidemic.

Key Points: 
  • Yuebiao Li, the Company\'s CEO, commented "We are pleased with our accomplishments in 2020, we overcame the impact of COVID-19 epidemic.
  • We are pleased with the expansion of our business in the field of steel coking wastewater treatment as well.
  • Newater provides integrated technical solutions in engineering support and installation, technical advice and services, and, and other project-related solutions to turn wastewater into valuable clean water.
  • The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.\n'

Newater Technology, Inc. Announces Rescheduled Date for its Annual Meeting of Stockholders now to be held on December 29, 2020

Retrieved on: 
Monday, November 2, 2020

Stockholders of record as of the record date, close of business on November 13, 2020 will be entitled to vote at the AGM.

Key Points: 
  • Stockholders of record as of the record date, close of business on November 13, 2020 will be entitled to vote at the AGM.
  • Newater provides integrated technical solutions in engineering support and installation, technical advice and water purification services, and other project-related solutions to turn wastewater into valuable clean water.
  • Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov .
  • The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.