New Water Capital has acquired Chainlogix (CLX), a Troy, Virginia-based provider of engineered components, assemblies and supply chain management solutions to customers across the industrial, lighting and electronics landscape.
CLX will merge with current New Water portfolio company Nelson Miller Inc, a full-service provider of custom engineered components and assemblies for critical applications across Medical, Aerospace & Defense and Industrial end markets.
Established in 1998 as Visiontech Solutions Group (VSG), Chainlogix focuses on providing engineered components and assemblies, as well as full-service supply chain management, for customers across the industrial, lighting and electronics landscape. The company also has an office in Zhuhai, China.
New Water Capital acquired Nelson Miller in October 2021 as its initial investment to build a platform uniquely focused to develop, produce, and support the engineering, design, manufacturing and supply chain management of niche, complex components and fully assembled products in high-reliability end markets.
