The Watermill Group Wins 2017 Industrials Deal of the Year Award from The M&A Advisor
News Summary
- On November 13, the Watermill Group won the 2017 M&A Advisor Awards Industrial Deal of the Year in the in the $50MM – $100MM category for its acquisition of Experi-Metal, Inc.
- The M&A Advisor Awards are widely respected as a pinnacle of achievement in the M&A industry.
- Watermill Group was recognized along with its fellow dealmaking, restructuring, and financing nominees at the 2017 M&A Awards Gala in New York City.
Lexington, MA — November 17, 2017 — The Watermill Group, a strategy-driven private investment firm, today announced that it received the 2017 Industrials Deal of the Year Award in the $50MM-$100MM category from The M&A Advisor, the premier global network of M&A, turnaround and finance professionals. The award recognizes Watermill’s August 2016 acquisition of Experi-Metal, Inc. (EMI), a leading provider of prototyping and complex metalformed parts and assemblies for the automotive and aerospace industries.
The M&A Advisor Awards, widely respected as a pinnacle of achievement in the Mergers & Acquisitions industry, recognize excellence in dealmaking, restructuring and financing, and celebrate the contributions and achievements of leading firms and professionals. The 16th Annual M&A Advisor Awards Gala was held November 13th in New York City.
“We are honored that our acquisition of EMI was selected as the Industrials Deal of the Year,” said Steven E. Karol, Managing Partner and Founder of the Watermill Group. “We saw then – and continue to see now – tremendous opportunity in the rapidly changing automotive industry, which led us to double down in the space by acquiring EMI, our second major transaction in the sector in a 12-month span. The EMI acquisition is especially unique in how it complements our 2015 purchase of Quality Metalcraft (QMC). Now working collaboratively, the two businesses offer end-to-end prototype and niche production services to OEMs, automakers and new entrants to the automotive market. It’s a relationship that’s bringing EMI and QMC customers the creativity, speed and quality they need to compete in a market that’s undergoing massive disruption.”
Watermill is a third-generation family firm and one of the oldest independent sponsors in the industry. The firm is known for leading with strategy and collaborating closely with the management teams of the companies it owns to chart a new course for growth. Watermill excels at complicated transactions, whether they involve first time sellers, are in out-of-favor industries, contain complex deal dynamics or require experience leading significant operational improvement. By maintaining a laser focus on creating value, Watermill consistently delivers above average returns.
Watermill Group’s acquisition of Experi-Metal, Inc. was named a finalist in two additional categories: Private Equity Deal of the Year ($50MM-$100MM) and M&A Deal of the Year ($50MM-$75MM). For a detailed list of all of the Award Finalists for the 14th Annual M&A Advisor Awards, please click here.
The M&A Advisor is the preeminent organization recognizing excellence, honoring achievement, presenting thought leadership and facilitating connections among the world’s leading dealmaking professionals. The organization was founded in 1998 to offer insights and intelligence on M&A activities and over the past seventeen years, the organization has established the premier global network of M&A, turnaround and finance professionals.
About the Watermill Group
The Watermill Group is a strategy-driven private investment firm that helps companies achieve their full potential through strategic transformation. For more than three decades, Watermill has been acquiring, operating and improving companies. Watermill looks for businesses in which it can apply a unique combination of strategic insight and management expertise to re-imagine their future and drive growth.
Press Contact:
Joanna Clark
CXO Communication for Watermill
207-712-1404