Lexington, MA – May 10, 2016 – The Watermill Group, a strategy-driven private investment firm, today announced that Wesley Black has joined the organization to support the evaluation, due diligence and execution of new transactions. Mr. Black joins the team as an Associate, bringing a background in debt and equity financing in the middle market.
“We are thrilled to have Wes on board,” said Benjamin Procter, Partner at The Watermill Group. “Wes brings tremendous energy, a can-do attitude and finance expertise that are a perfect fit for our firm’s culture. With Wes on board, we have even greater capacity to expand our portfolio and support our companies.”
Before joining Watermill, Mr. Black was an Associate with JMC Capital Partners, a middle market private equity fund focused on industrial products companies. While at JMC, he was responsible for new transaction diligence, execution and portfolio company assistance. Prior to JMC, he was an Analyst in the Leverage Financed group at NewStar Financial, a specialty finance company in Boston, focused on executing debt investments in support of middle market private equity buyouts across a variety of industries.
With the addition of Mr. Black, Watermill continues to grow its team, alongside its growing portfolio of manufacturing companies, which recently expanded with the acquisition of Quality Metalcraft Inc. in June 2015.
About The Watermill Group
The Watermill Group is a strategy-driven private investment firm that helps companies achieve their full potential through strategic transformation. For more than three decades, Watermill has been acquiring, operating and improving companies. Watermill looks for businesses in which it can apply a unique combination of strategic insight and management expertise to re-imagine their future and drive growth.
CXO Communication for Watermill