New Water Capital, L.P.
Venture Capital and Private Equity PrincipalsFlorida, United States11-50 Employees
New Water Capital, L.P. is a private equity firm that targets lower-middle-market consumer and industrial manufacturing companies in special situations. The firm takes an operational approach to investments, emphasizing active involvement in its portfolio companies. It is based in Boca Raton, Florida. In April 2026, New Water Capital acquired Bulk Pack Inc., and subsequently expanded the platform through add-on acquisitions including Bagwell Supply, BulkSak, JumboBag, and Norwood Paper. These add-ons illustrate a strategy of building a regional platform in packaging and related manufacturing niches.