New Water Capital sells Emerald EMS to Crestview
New Water Capital, a lower-middle market private equity firm, has sold Emerald EMS (Emerald), a provider of high-mix, low-volume engineering, design, prototyping, testing, assembly and lifecycle support services for blue-chip original equipment manufacturers, to private equity firm Crestview Partners (Crestview). Emerald EMS increased earnings five-fold during the two years of