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New Water Continues Build of Nelson Miller Group
- Nelson Miller Group, part of New Water Capital, has acquired New England Keyboard, a designer and manufacturer of user interface components.
- New England Keyboard, founded in 1986, focuses on ruggedized keyboards, membrane switches, and other components sold across defense, medical device, and semiconductor sectors.
- NEK's founders, Dave Myers and Mark Yates, express confidence in joining with Nelson Miller to provide new opportunities for customers and employees.
- Nelson Miller, known for membrane switches and other components for medical, aerospace, and industrial sectors, sees the acquisition as an expansion of capabilities.
- The acquisition is seen as a move to strengthen Nelson Miller's presence in industries like defense and aerospace.
- Nelson Miller, formed in 2011, has expanded with previous acquisitions like Wilson-Hurd Manufacturing in 2017.
- Under New Water's ownership, Nelson Miller has made add-on acquisitions like Chainlogix, Injection Works, and Pannam Imaging.
- New Water Capital targets investments in lower middle-market companies within consumer, retail, and industrial sectors.
- The acquisition of NEK is viewed as enhancing NMG's capabilities and customer relationships in high-reliability sectors.
- The transaction reflects New Water's focus on building a leading HMI solutions provider.
- New Water Capital, founded in 2014, focuses on investing in companies with revenues between $30 million and $300 million in various sectors.
- The deal signifies a strategic move by Nelson Miller Group and New Water Capital to bolster their presence in the market.
- The acquisition of New England Keyboard is the fourth add-on acquisition for Nelson Miller Group under New Water Capital's ownership.
- Nelson Miller Group and New Water Capital aim to create a top-tier HMI solutions provider capable of addressing design, engineering, manufacturing, and supply chain challenges.
- The acquisition deal underscores the commitment to developing a best-in-class HMI solutions provider able to navigate complex industry demands.
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