latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/leveraged-loan-news/middle-market-pe-firm-watermill-hires-john-n-carr-from-lionheart content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Middle-market PE firm Watermill hires John N. Carr from Lionheart

Market pros see leveraged loan default rate holding at low levels

S&P: BBB downgrade risks in Europe look manageable

As specter of rate cuts grows, investors retreat from leveraged loan asset class

Retail investors flock to US high yield bond funds with $1.8B inflow


Middle-market PE firm Watermill hires John N. Carr from Lionheart

watermill-logo_opt

Middle-market deal maker John N. Carr has joined Watermill Group to evaluate new investments and support strategic initiatives for the private equity firm’s portfolio companies.

He joins from Philadelphia-based Lionheart Ventures, a private equity firm focusing on industrial companies. Carr has also worked at Goldman Sachs, Gomez Inc., J.P. Morgan, and Stroud Consulting.

Carr will be a principal at Lexington, Mass.-based Watermill, joining principals Michael Fuller and Julia Karol, as well as a team of six partners.

Watermill’s portfolio includes C&M Corporation, recycled-paper manufacturer FutureMark Paper Group, stainless-steel tubing maker Fine Tubes, Polaroid filmmaker MultiLayer Coating Technologies, component manufacturer Tenere, and Superior Tube Company. The firm targets companies generating annual revenue of $40-500 million, including distressed situations, challenged industries, complex transactions, and companies at turning points.

In February, Watermill invested in The Plastics Group, which manufactures blow-molded plastics, including large items such as bed frames and portable toilets, and plastic products with complex chemical properties such as the fuel tanks in lawn tractors and generators. Cole Taylor Bank and Medley Capital provided financing for the investment. – Abby Latour

Follow Abby on Twitter @abbynyhk for middle-market deals, leveraged M&A, distressed debt, private equity, and more