August 2023 – Mount Laurel, NJ – Injection Works, Inc. of Mount Laurel, NJ has been acquired by California-based Nelson Miller Group, a portfolio company of private equity firm New Water Capital of Boca Raton, FL.

Injection Works is a provider of complex, custom thermoplastic injection molded components and assemblies for customers in medical, industrial, and electrical end-markets. Founded in 1988 by Chris Rapacki, Injection Works has provided custom thermoplastic injection molded products and associated services to its customers for over 35 years. The Company focuses on providing value to its customers not only through its manufacturing abilities, but through the offering of value-added engineering and design support along with secondary assembly and other processes.

Injection Works will join together with Nelson Miller 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.

“Injection Works 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 Jim Kaldem, President and CEO of Nelson Miller Group.

Adds Chris Rapacki, Co-Founder and CEO of Injection Works, “Nelson Miller Group shares in our commitment to our customers and employees, which is built on years of trust delivered through quality and dependability. By joining NMG, Injection Works opens the door to new technologies, engineering solutions, and supply chain support for our customers.”

“We are excited to welcome Injection Works to the platform” said New Water Capital Principal Matt Carlos. “Chris and Injection Works have built an exceptional reputation over the years, and we are eager to partner with them to continue to grow its legacy and achieve a new level of success for its customers, employees and the entirety of the Nelson Miller Group.”

New Water Capital L.P. is a private equity firm focused on lower-middle market companies in the consumer products 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.

Nelson Miller Group serves organizations across industrial, IoT, telecommunications, lighting, medical, consumer, and aerospace industries. It delivers components and services for OEMs and SMEs needing support with custom engineering design, quality manufacturing services, and end-to-end supply chain management.

Excerpts from above were taken from New Water Capital’s press release. There was also an article written in Plastics News regarding this transaction. Click here to read the article.

Plastics-focused investment banking firm MBS Advisors of Florence, MA represented Injection Works in the transaction. Financial details were not disclosed.

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