Helping companies achieve their full potential through strategic transformation

News Summary For the past decade, Watermill has helped transform Tenere into a sophisticated supplier of custom mechanical solutions for the high-growth markets of information and communications technology, fiber optics and renewable energy. Under Watermill ownership, Tenere refocused and reinvigorated its business strategy, implemented facility improvements across North America, coordinated key acquisitions, completed a greenfield […]

Mississauga, ON – November 25, 2021 – Steve Rhone, President and CEO, is proud to announce that Weston Forest has been certified as a Great Place to Work® after a thorough, independent analysis conducted by Great Place to Work Institute® Canada. This certification is based on direct feedback from employees, provided as part of an […]

Generations Collaborate for Powerful Performance Julia Karol worked at Jumpstart, a national early education nonprofit, before joining Watermill Group, a Boston-based private investment firm, in 2009. And even though she had no traditional finance or accounting training before joining the firm, she went in with an open mind, a positive attitude and plenty of intellectual […]

Mississauga, ON – May 5, 2021 – Steve Rhone, President and CEO of Weston Forest, is thrilled to announce that the company has achieved Platinum Club status with the Canada’s Best Managed Companies program by retaining its Best Managed designation for seven consecutive years. The 2021 Best Managed program award winners are amongst the best-in-class […]

PRESS RELEASE   LIVONIA, MICH. & STERLING HEIGHTS, MICH. – March 1, 2021 – Effective immediately, Colleen Haley has been appointed Chief Executive Officer of Quality Metalcraft/Experi-Metal Holdings Corporation (QMC-EMI), a provider of innovative stamping and joining assemblies for the automotive, commercial vehicle, aerospace and defense industries. Ms. Haley brings diverse global experience and deep […]

Mississauga, ON and Lexington, MA – January 4, 2021 – Weston Forest, a leading distributor and remanufacturer of softwood and hardwood lumber and specialty panel products, today announced it has been acquired by the Watermill Group, a strategy-driven private investment firm. “This is a historic event for everyone at Weston Forest,” said Steve Rhone, President, […]

Lexington, MA—October 28, 2020—The Watermill Group, a strategy-driven private investment firm, is delighted to announce the addition of Anabelle Skalleberg and Olga Levin to its team. Ms. Skalleberg has been appointed to the role of Principal and will be responsible for transactions and business development efforts spanning cross-border opportunities, COVID investment initiatives and WMX, a […]