Data Electronic Devices

Canaccord Genuity acts as exclusive financial advisor to Data Electronic Devices, Inc. on its acquisition by New Water Capital, L.P.

Canaccord Genuity is pleased to announce that on September 16, 2019, Data Electronic Devices (DataED) was acquired by New Water Capital (New Water). Canaccord Genuity acted as exclusive financial advisor to DataED.  This transaction represents another successful advisory mandate involving a middle-market private equity firm.

DataED is an electronic manufacturing services provider that delivers advanced contract manufacturing and design solutions for a broad range of industries. With manufacturing facilities in both the Northeast United States and China, DataED offers both global and regional customers integrated manufacturing services from prototyping to volume production and direct order fulfillment with superior quality, advanced technology, exceptional service, low cost and flexibility. DataED has entrenched customer relationships with a strong track record in the industry.  

New Water Capital is a +$400 million private equity fund with decades of financial and operating experience and has executed over 60 transactions across a wide range of industries. The acquisition of DataED provides New Water with a leading manufacturer and designer of electronic solutions with unique manufacturing capabilities. 

The Canaccord Genuity team consisted of Dan Coyne, Marc Marano, Chris DiPietro and Taylor Murphy.