Archive for the ‘Press Release’ Category

Tenere, Inc. Acquires Protogenic to Expand Rapid Prototyping Capabilities

Dresser, Wis.—May 24, 2013—Tenere Inc., a full-service designer and fabricator of complex metal and plastic components and assemblies, today announced that it has acquired Protogenic, a quality-driven rapid prototyping and casting company. The acquisition expands Tenere’s portfolio of services for helping manufacturers transform complex engineering concepts into commercial products.“Tenere was attracted to Protogenic’s expertise in a…

May 24, 2013

Fine Tubes Announces New Nadcap Accreditation for Welding

UK metal tube manufacturer Fine Tubes has recently been certified for its standards in Welding, joining recognition for its Heat Treating and NDT processes Plymouth, United Kingdom. May 20, 2013 — Fine Tubes is proud to announce its latest accreditation from Nadcap for superior standards in metal tube manufacture. This accreditation entitles the company to…

May 23, 2013

Watermill Group Wins Community Impact Award for Saving Michigan Paper Mill and 140 Jobs

Watermill Recognized for Acquisition of Manistique Papers, Inc. Lexington, Mass. – March 18, 2013 – The Watermill Group is the proud recipient of the Restructuring Community Impact Award at the 7th Annual M&A Advisor Turnaround Awards for the firm’s acquisition of Manistique Papers. “The award winners represent the best of the M&A industry in 2012…

March 18, 2013

Watermill Group Announced as Finalist for 7th Annual M&A Advisor Turnaround Awards

Lexington, MA, January 16– The M&A Advisor is pleased to announce 175 nominations, representing over 300 companies have been submitted for the 7th Annual M&A Advisor Turnaround Awards. Watermill Group’s Acquisition of Manistique Papers was named a finalist in two categories: Restructuring Community Impact Award and Sector Deal of the Year: Industrial and Basic Resources…

January 16, 2013

Watermill Acquires Advanced Components Fabricator Tenere, Inc.

Tenere to add up to 100 new employees to fuel rapid growth Lexington, Mass. – December 17, 2012– The Watermill Group, a strategy-driven private investment firm, announced the acquisition of Tenere, Inc., a full-service designer and fabricator of complex metal and plastic components and assemblies, from Stonehenge Partners, Inc. “Watermill was attracted to the engineering…

December 17, 2012 | ,

Watermill Named Finalist in M&A Advisor Awards

Watermill has been named a finalist in the M&A Advisor Awards in the Cross Boarder Deal of the Year ($35MM-$100MM) category for our succesful completion of the Fine Tubes, Ltd. and Superior Tube Company acquisition. Watermill and the other finalist companies have been selected from a record 423 nominations representing over 600 companies. An independent…

November 8, 2012

Latrobe Specialty Steel’s Vacuum Melted Metals Help Rescue Downed Airman

LATROBE, Pa. – When the U.S. Marine’s V-22 Osprey tilt-rotor aircraft settled to the Libyan desert to retrieve the ejected U.S. airman, it did so with triple-melted alloys manufactured by Latrobe Specialty Steel. The V-22 Osprey with its unique tilt-rotor mechanism uses many Latrobe premium alloys for such critical components within the transmission gear boxes, rotor…

November 8, 2012

C&M Wins 2012 Connecticut Quality Improvement Award

C&M Corporation, a vertically integrated manufacturer of bulk cable, coil cords, and cable assemblies, has announced receipt of a 2012 Innovation Prize from the Connecticut Quality Improvement Award Partnership, Inc. C&M’s Gold Level Award was formally presented at the 25th anniversary Connecticut Quality Improvement Award Conference on Quality and Innovation, held June 5, 2012, at…

June 11, 2012

Watermill Group to Acquire Environmental Paper Producer Manistique Papers

Private investment firm forges strategic alliance between nation’s top recycled paper companies Lexington, Mass. – April 17, 2012 – The Watermill Group, a strategy-driven private investment firm, received court approval today to acquire Manistique Papers, the only company in North America producing high-value uncoated printing and writing paper exclusively from 100-percent recycled fiber. The purchase…

April 17, 2012

Watermill and Hicks Announce Completion of Latrobe Specialty Metals Merger with Carpenter Technology Corp

Strategy Transforms Small Steel Division into Specialty Metals Leader, Delivering 10x Return Lexington, Mass. and Dallas, Texas – February 29, 2012 – The Watermill Group, a strategy-driven private investment firm, and Hicks Equity Partners (“HEP”), the private equity investment vehicle of the Thomas O. Hicks family, today announced the completion of the merger between Latrobe…

February 29, 2012