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SALE OF NELSON MILLER

NEW WATER CAPITAL HAS ACQUIRED NELSON MILLER, INC.


Birmingham, Michigan – November 1, 2021 – Angle Advisors is pleased to announce that Nelson Miller, Inc. (“NMI” or the “Company”), a portfolio company of Superior Capital Partners LLC (“Superior”) has been acquired by New Water Capital LP (“New Water”). Angle Advisors acted as the exclusive investment banking advisor to Nelson Miller in completing this transaction.

Nelson-Miller is an internationally recognized designer and supplier of world-class engineered solutions in user interfaces and product identification for the medical devices, industrial equipment, aerospace & defense, and security system end markets. The diverse product line includes printed electronics, membrane switches, injection molding, full assemblies, backlighting, and touchscreens. Headquartered in Los Angeles, California, the Company operates two manufacturing facilities in Wisconsin, and a supply chain management office in Dongguan, China.


“We have enjoyed our partnership with Superior Capital, building the company and the Nelson Miller brand on a broad range of engineered solutions for an impressive list of globally recognizable customers,” commented Hosmel Galan, NMI’s CEO, “With New Water's demonstrated success in creating and growing high-technology manufacturing, design and engineering companies, we think it is an ideal partner as our company looks toward its next evolution.”


“With its deep bench of engineering talent and support and established global supply chain expertise with both domestic and international manufacturing capabilities, we believe Nelson-Miller is perfectly positioned for growth,” said Brian McGee, Partner at New Water.


Mark Carroll, Managing Director at Superior Capital, added, “Angle Advisors has again done an excellent job for us: running a thorough process and leveraging their industry knowledge to find a group of highly interested global buyers, working collaboratively with the management team to showcase the business, and achieving an outstanding result in every way.”


About New Water Capital

New Water Capital L.P. is a private equity firm focused on lower-middle market companies in the consumer and industrial manufacturing and services sectors, with revenues of $30 million to $300 million. New Water Capital's collaborative transaction and operating model is built specifically to support companies in transition, building on their unique cultures and strengths. For additional information, please visit www.newwatercap.com.


About Angle Advisors

Angle Advisors, with offices in the United States, Germany, and China, specializes in mergers and acquisitions and capital raising with a particular emphasis on the industrial sectors. The firm's professionals have completed 243 transactions since 2009 for multinational corporations, privately-held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.

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