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.
BOSTON, May 14, 2024 – The Watermill Group, a strategy-driven private investment firm, is proud to announce it has completed an investment in Musser Lumber and its principal operating subsidiary, Musser Biomass and Wood Products (collectively, “Musser”), the mid-Atlantic region’s leading producer of premium dried hardwood fiber and associated converted products. “Musser is thrilled to […]
BOSTON, MA – January 23, 2024 – Boston-based Watermill Group, a strategy-driven middle market private investment firm, today announced the promotion of Scott Oudheusden to Partner. In his new capacity, Mr. Oudheusden is responsible for the evaluation, due diligence, and execution of potential transactions, as well as providing assistance to portfolio companies. With more than […]
Mississauga, ON – July 4, 2023 – Weston Forest, a leading distributor and remanufacturer of softwood & hardwood lumber and specialty panel products, today announced it has acquired Kings Wood Products of Paris, ON. “Kings Wood Products expands our manufacturing base in Canada while adding to the mix of products we can offer our existing […]
Mississauga, ON – August 24, 2022 – Weston Forest, a leading distributor and remanufacturer of softwood & hardwood lumber and specialty panel products, today announced it has acquired Industrial Lumber Sales, Inc. (ILS) of Moultrie, GA. Steve Rhone, President & CEO of Weston Forest, states, “Industrial Lumber Sales is a well-run, highly reputable business with […]
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 […]
