Partner Profile: Meet Watermill Group’s Bob Ackerman

Providing internships to students interested in the private equity industry is an important part of the Watermill culture. Recently a few of our interns had the opportunity to sit down with Bob for an interview. Enjoy! How does your prior experience running Watermill Group portfolio companies help you in your role as a partner? Working…

June 26, 2015 | , , , , , , , ,

Pre-Takeover Profits Soar at Fine Tubes

In May 2015, Plymouth-headquartered Fine Tubes, along with US sister company Superior Tube, was acquired by electronic manufacturer Ametek for $200m (£128.4m). The businesses had previously been owned by private investment firm the Watermill Group since February 2012. According to the most recent accounts for Fine Tubes Ltd, covering the year ending 31 December 2014,…

June 19, 2015 | , , , , ,

Watermill’s Global Tubes Acquired by AMETEK, Inc.

Global Tubes is comprised of two businesses – Superior Tube Company, Inc. (Collegeville, PA) and Fine Tubes Ltd. (Plymouth, UK) – and was created in 2012 after they were acquired by The Watermill Group Sale price of $200 million represents significant return for The Watermill Group and its investors EBITDA more than doubled as a…

May 8, 2015 | , , , , , , , , , , , , ,

Tenere Completes Acquisition of Mountain Molding, LLC

Tenere Inc., a full service provider of complex metal and plastic components and assemblies, today announced the acquisition of Mountain Molding, LLC, a custom plastics injection molding company offering both tooling and production. The acquisition broadens Tenere’s plastics offering, and enhances their services and capabilities allowing customers to go from product design and prototyping to…

May 5, 2015 | , , , , , , , , , ,

Watermill Acquires Dazzling New Investment

APRIL FOOLS!  While we love the 70s, we have not actually invested in a disco ball manufacturer. We’ve removed the glittery background and crazy facial hair photos from the Watermill website, but the announcement below will live on.The old team photo above? That’s legit. If you look closely, you’ll be able to pick out Steve….

April 1, 2015

The Plastics Group, Inc. Launches Eco Garden House

Eco Garden House: A Breakthrough In Indoor Gardening The Eco Garden House is an all-in-one indoor greenhouse that gardeners—novices or pros—can set up in as little as an hour, and begin growing beautiful plants and nutritious food that same day. It’s a significant technological advance over current do-it-yourself indoor greenhouse products and a major step forward in…

February 26, 2015 | , , ,

Happy Holidays From the Watermill Team!

Every year the Watermill team finds new and creative ways to embarrass the partners in our family style holiday card. This year, we let the dogs, Dash and Becket, choose the theme. It was no surprise then when they turned the tables on us: sick of wearing cute costumers and demeaning outfits, they made their…

December 23, 2014 | , , ,