LEXINGTON, Mass.--(BUSINESS WIRE)--The Watermill Group, a strategy-driven private investment firm, today announced that it has been named Private Equity Firm of the Year by The M&A Advisor, the premier global network of M&A, turnaround and finance professionals. The honor recognizes Watermill’s accomplishments of the past year, which have included the acquisition of Quality Metalcraft Inc. (QMC), the sale of Global Tubes to AMETEK, Inc. and the acquisition of Mountain Molding, LLC by Watermill’s portfolio company, Tenere Inc.
The M&A Advisor Awards, widely respected as a pinnacle of achievement in the M&A industry, recognize excellence in deal making, restructuring and financing, and celebrate the contributions and achievements of leading firms and professionals. Watermill was chosen as Private Equity Firm of the Year from among a distinguished group of finalists. The 14th Annual M&A Advisor Awards gala was held November 17th in New York City.
“We’re honored to have been selected as the Private Equity Firm of the Year by The M&A Advisor, an award which is especially humbling knowing we were considered along with an incredibly accomplished group of fellow finalists,” said Steven E. Karol, Managing Partner and Founder of The Watermill Group. “Core to Watermill’s success over the past 35 years has been our incredible team here at Watermill, along with our outstanding portfolio management teams, investors and advisors – we jointly celebrate this award with them, and are grateful for their contributions.”
Watermill is a third-generation family firm and one of the oldest independent sponsors. 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, The Watermill Group consistently delivers above average returns.
“Our firm’s passion is helping companies achieve their full potential and become enduring leaders in their respective markets,” added Karol. “Many of our team members have taken an unconventional path to private equity and this broad range of skills and deeper diversity gives us a competitive edge when it comes to tackling traditional challenges in non-traditional ways. We pride ourselves on seeing opportunities others may overlook.”
Watermill was also named a finalist for three additional categories: Industrial Manufacturing and Distribution Deal of the Year (from $10 to $100MM); Buyers/Sellers Dealmaker of the Year; and M&A Deal of the Year (over $75MM to $100MM). 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.