New Water Capital’s Acquisition of Chainlogix

Seward & Kissel represented Chainlogix in the transaction.

New Water Capital announced it has acquired Chainlogix (CLX), a Troy, Virginia-based provider of engineered components, assemblies and supply chain management solutions to customers across the industrial, lighting and electronics landscape.

CLX will merge with current New Water portfolio company Nelson Miller Inc., a full-service provider of custom engineered components and assemblies for critical applications across Medical, Aerospace & Defense and Industrial end markets.

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.

Nelson Miller Inc. was formed in April 2011 through a merger of two Los Angeles metal manufacturing companies, Miller Dial, founded in 1937, and Nelson Nameplate, founded in 1946. 

The Seward & Kissel team included James E. Abbott (Picture), Dora Pulido, Craig A. Sklar, Nick Katsanos, Meir R. Grossman, Gerhard Anderson, and Danielle Lemberg.

Involved fees earner: James Abbott – Seward & Kissel; Gerhard Anderson – Seward & Kissel; Meir Grossman – Seward & Kissel; Danielle Lemberg – Seward & Kissel; Nick Katsanos – Seward & Kissel; Dora Pulido – Seward & Kissel; Craig Sklar – Seward & Kissel;

Law Firms: Seward & Kissel;

Clients: New Water Capital;