Nelson-Miller obtains loan backing LBO by New Water Capital

Nelson-Miller Inc. received debt financing backing a buyout of the company by New Water Capital. Twin Brook was the administrative agent.

Nelson-Miller provides engineered components and assemblies for medical, aerospace and defense and industrial end markets. The company was formed in April 2011 through the combination of two Los Angeles metal manufacturing companies, Miller Dial and Nelson Nameplate.

New Water Capital focuses on lower middle-market companies generating revenue of $30 million to $300 million.