New Water Capital Acquires Dutch Gold Honey and Related Businesses

Private Equity
Written By Rick Watson

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.

Dutch Gold Honey is a leading producer of best-in-class, ethically sourced honey and maple syrup products. Founded in 1946 as a small, backyard business in Lancaster, Pennsylvania, Dutch Gold has become one of the largest independent honey packaging businesses in the country.

Private equity firm New Water Capital has acquired Dutch Gold Honey and its related businesses of McLure’s Honey & Maple Products, Gamber Container Company, The Bacon Jug Company, and DGH Logistics for an undisclosed amount. The acquisition is aimed at growth for Dutch Gold Honey by a PE firm through market reach expansion and operational strengthening. Imagine this - a PE firm acquiring a honey producer that owns a maple syrup business, a container/packaging business, and a logistics company? Sounds like a good fit.

New Water Capital: New Water Capital Acquires Dutch Gold Honey and Related Businesses

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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