
NewWorld Capital Group
527 Madison Avenue, 24th Floor, New York, NY, 10022, United States
Overview
NewWorld Capital Group is a private equity firm focused on investments in the environmental opportunities sector.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Aquam
Led · Equity · Nov 2017
Aquam Corporation is an integrated pipe infrastructure solutions company headquartered in San Diego that provides diagnostics, rehabilitation, monitoring and environmentally friendly technologies for water and natural gas pipelines. It is the parent company of Nu Flow Technologies, Specialized Pipe Technologies (SPT), and Aquam Pipe Diagnostics. Aquam offers small-diameter pipe lining, pipeline assessment and inspection, and pipe lining installation services across North America, South America, Europe, Asia, Africa, and Australia. The company emphasizes non-invasive, inside-out diagnostics and rehabilitation that are faster and less expensive than traditional methods. In October 2018 Aquam received a $22 million credit facility from Energy Impact Credit Fund to refinance debt and support growth. The financing was structured to provide working capital and to fund growth and acquisitions. Aquam Corporation is a San Diego-based provider of risk-mitigation technologies for water and energy transmission and distribution assets. Its proprietary technologies assess, clean and remediate aging infrastructure and address water scarcity to improve system health and longevity. The company serves utility, commercial and residential markets through a family of businesses including Nu Flow Technologies, Specialized Pipe Technologies, Aquam Water Services and Aquam Pipe Diagnostics (formerly JD7). Services are available in North America, South America, Europe, Africa, Australasia and the Middle East. Aquam closed $26M in growth financing led by NewWorld Capital Group with participation from a Credit Suisse-advised fund. The company plans to use the funds for further product development and geographic expansion under CEO Dan Squiller. Aquam Corporation is a San Diego, CA–based global cleantech firm that provides infrastructure support, rehabilitation and diagnostics solutions for water infrastructure. It is the parent company of Nu Flow Technologies, a small-diameter pipe lining manufacturer; the pipe-lining installer Nu Flow; and JD7, a global pipeline assessment and inspection technology provider. The company also offers standpipe hire and ancillary services to large water utilities in the United Kingdom. Aquam is led by CEO Cameron Manners and is backed by Walsingham Fund, Turtle Creek Asset Management and GLH Asset Management. In September 2015 the company received a US$13M venture debt financing provided by Wellington Financial LP, a privately held specialty finance firm. The article does not disclose revenue or other operating metrics.
- Coolerado
Led · Equity · Nov 2010
Coolerado designs, manufactures and sells patented, energy-efficient air conditioning systems for residential and light commercial applications. Its units do not recirculate air and avoid chemical refrigerants and compressors, instead relying on thermodynamics and water for cooling. The company says its systems can reduce air-conditioning electricity costs by up to 90%, and some units can run on solar power. Coolerado has sold its technology to customers in 21 countries and runs its website on solar-powered data centers cooled by its own units. Financially, Coolerado has closed a $7.2 million investment and is targeting an additional $4.1 million to complete the round. NewWorld Capital also appointed three directors to the company’s five-person board as part of the financing.
Team
No current team members are available.