Made in the USA

Since its founding more than 35 years ago, Boston-based The Watermill Group has kept an eye on manufacturing companies. Of course, given the ebbs and flows of the market, investing in American manufacturing companies hasn’t always been an easy or even a good strategy. In fact, most companies have been outsourcing their manufacturing needs for the last 20 years…

February 7, 2014

FutureMark Paper Expand Client Roster in 2013, Breaks Ground in Educational Publishing

Westport, CT — November 22, 2013 — FutureMark® Paper Group, North America’s leading provider of responsibly made recycled paper, today announced the continued expansion of its customer roster among leading retailers, premier publishers and marketing services providers. The company reported new business wins in 2013 from Bed Bath & Beyond and Menards, as well as…

November 22, 2013

Human Capital

Sept. 13, 2013 Investing in future leaders has become a priority for maturing firms Private equity is still a relatively young industry, with many firms being founded just 30 to 40 years ago. At many of these firms, it’s the founders who are still leading day-to-day operations. That’s great for continuity, but what about the…

October 21, 2013

Dealmakers Provide Social Media Tips for Businesses

Panelists at ACG Philadelphia’s M&A East conference encourage PE firms and dealmakers to engage on Twitter and LinkedIn Middle-market M&A professionals may attend conferences to network and find leads on new deals, but Twitter Inc. and LinkedIn Corp. (NYSE: LNKD) can also provide some of that action, experts said at a panel on social media…

October 11, 2013

Manistique Makeover

Joining FutureMark Paper Group is helping Manistique create a brand not a commodity Like long lost siblings reunited after many years of separation, the Alsip, IL, and Manistique, MI, paper mills are now back under the same umbrella – this time that of the FutureMark Paper Group. After suffering through numerous ownership changes, including a…

September 16, 2013

Watermill’s Steven Karol on Transforming a Firm

September 8, 2013 – Privcap sits down with Watermill’s Steven Karol to discuss transforming industrial processes by setting new goal parameters to increase a company’s profitability. Watermill acquired rubber manufacturing company Preferred Compounding in 2002, when the company was at a challenging crossroads. Steve Karol of Watermill discusses how the transformation of industrial processes can allow a…

September 11, 2013 | , ,

FutureMark Paper Launches Future Jet

Westport, CT and Chicago, IL (PRINT 2013) — September 5, 2013 — FutureMark® Paper Group, North America’s leading provider of responsibly made recycled printing papers, today announced the launch of Future Jet TM, the industry’s first high-recycled, coated digital inkjet paper. Compatible with both dye- and pigment-based printers, Future Jet offers publishers and commercial printers…

September 5, 2013

Total Alignment: The Fundless Approach Advantage

The Watermill Group does not invest in the fund format, and founder Steven E. Karol details why this model has worked for firm for over 30 years. He also discusses Watermill’s emphasis on strategy and operations over financial engineering. Watch the Video

September 2, 2013

Dividend retweets Part II: how to Build a Private Equity Twitter Account

3. Behind the Scenes One of my personal favorite templates is Watermill Group’s Twitter account, which incorporates a great mix of behind-the-scenes looks at its portfolio companies and its team. It also tweets interesting articles the team has been reading. If the PE firm does this right, it makes the firm’s team look, well, human, which is something many PE execs have…

September 2, 2013 | ,

Fine Tubes Helps SENER Achieve Results in Solar Power with the Gemasolar Power Plant

Fine Tubes (, one of the world’s leading tube manufacturers for the aerospace, medical, nuclear and power, oil and gas and chemical process sectors, is now four years into a solar power project with SENER. SENER is the international engineering and construction specialist behind the Gemasolar commercial power plant – the first of its kind….

August 8, 2013