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Transactions / I•••••••• W••••

New W•••• Portfolio Company N••••• M••••• Group Acquires I•••••••• W••••

Add-on acquisitionclosedadd-onannounced Aug 29, 2023closed Aug 29, 2023Fact
What happened
Platform
N••••• M••••• I•••add-on basis: I•••••••• W•••• will join together with current New W•••• portfolio company N••••• M••••• Group (NMG), which is a full-service provider of engineering, manufacturing and supply chain solutions focused on supporting high-reliability applications across industrial, IoT, medical, lighting and aerospace industries.
Control
Control
Share acquired
unknown
Industry
environmental / water
Target location
NJ, US
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
7 named
Buy side
  • I•••••••• W•••• will join together with current New W•••• portfolio company N••••• M••••• Group (NMG), which is a full-service provider of engineering, manufacturing and supply chain solutions focused on supporting high-reliability applications across industrial, IoT, medical, lighting and aerospace
  • I•••••••• W•••• will join together with current New W•••• portfolio company N••••• M••••• Group (NMG), which is a full-service provider of engineering, manufacturing and supply chain solutions focused on supporting high-reliability applications across industrial, IoT, medical, lighting and aerospace
Advisory side
  • K•••••••Legal adviserconfirmed
    M•• A••••••• served as the exclusive financial advisor to I•••••••• W•••• on the transaction, while K••••••• and E•••• served as legal counsel to N••••• M••••• Group.
  • E•••• L••Legal adviserconfirmed
    M•• A••••••• served as the exclusive financial advisor to I•••••••• W•••• on the transaction, while K••••••• and E•••• served as legal counsel to N••••• M••••• Group.
  • M•• A•••••••Sell-side adviserconfirmed
    M•• A••••••• served as the exclusive financial advisor to I•••••••• W•••• on the transaction, while K••••••• and E•••• served as legal counsel to N••••• M••••• Group.
Side not stated
  • J•• K•••••Managementconfirmed
    “I•••••••• W•••• provides a key manufacturing capability that will allow NMG to offer a broader range of products and further our goal of having more control over the supply chain while also being geographically close to our customers,” said J•• K•••••, President and CEO of N••••• M••••• Group.
  • August 23, BOCA RATON, FL — New W•••• Capital (“New W••••”), an operationally-focused lower middle market private equity firm, today announced that its portfolio company, N••••• M••••• Group, has completed the acquisition of I•••••••• W••••, a Mount Laurel, New Jersey-based provider of complex, cust
Evidence
August 23, BOCA RATON, FL — New W•••• Capital (“New W••••”), an operationally-focused lower middle market private equity firm, today announced that its portfolio company, N••••• M••••• Group, has completed the acquisition of I•••••••• W••••, a Mount Laurel, New Jersey-based provider of complex, custom thermoplastic injection molded plastic components and assemblies for customers in medical, industrial, and electrical end-markets, among others.
New W•••• Portfolio Company N••••• M••••• Group Acquires I•••••••• W•••• | Private Equity Intelligence | DFX