Archive for the ‘Strategy’ Category

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

Inside a Strategy-Driven Turnaround

Watermill Group details how it became the successful owner of North America’s only producer of recycled coated mechanical paper By STEVEN KAROL, Watermill Group M&A professionals often tout the importance of strategy in turning around or growing a business. But the effects of strategy are notoriously hard to isolate, as it rarely operates alone. A…

October 13, 2011

As Green As You Get

Working under the principle of ‘build it and they will come’ from the movie, Field of Dreams, FutureMark Paper found the right customers at the right time for its line of publication papers. Already given a headstart from previous mill owner Myllykoski’s foresight in building a state-ofthe-art deinking plant, FutureMark has grown its “green” business…

February 28, 2011

Watermill Sells Preferred Compounding

Watermill Group, of Lexington, MA, Sells Preferred Compounding Corp. LEXINGTON, MA — In a transaction between private equity firms, Watermill Group has sold Preferred Compounding Corporation to Wingate Partners effective December 8, 2010 for over 6x Watermill Group’s initial investment. Preferred, headquartered in Barberton, OH supplies proprietary and custom mixed rubber compounds to customers. Watermill…

December 8, 2010

A Mark of the Future

By: Jim Johnson December 06, 2010 Officials at FutureMark Paper Co. figured their mill was ahead of the curve, but there still were no guarantees when they purchased their recycled paper site late in 2009. Now, just about a year later, the Alsip, Ill., operation near Chicago is running at full capacity and sells all…

December 6, 2010

Winds of Change

An avid sailor, Steven Karol discusses how his company won the race by keeping its eyes on the horizon and sailing into the storm The winds of change are constant in the world of business. Capitalizing on that change is the Massachusetts based Watermill Group, a private buyout organization that focuses on acquiring middle-market companies…

November 16, 2010

Inside the Urban Forest

FutureMark Paper sees the opportunities, as well as the challenges, in working in the urban forest. Steve Silver, president and chief executive officer of FutureMark Paper, is frustrated. The paper mill, located just outside of Chicago, is surrounded by a vast supply of recovered fiber that the company needs to run its machines. While the…

October 22, 2010

Crucible Industries and Latrobe Specialty Steel Distribution Announce Partnership

Crucible Industries LLC is pleased to announce its partnership with Latrobe Specialty Steel Distribution for the sales and marketing of Crucible Particle Metallurgy (“CPM”). Supported by more than 30 years of investment in research and development, Crucible’s CPM is one of the world’s most advanced powder metal materials and a critical input for companies in…

January 12, 2010