New Water Capital, a private equity firm, completed the acquisition of Nelson-Miller, a designer and manufacturer of electronic products. Financial terms were not disclosed. "Our team sees huge market opportunity for companies such as Nelson-Miller that develop, produce and support the increasingly complex components used in a wide spectrum of today's highly technical, essential products. With its deep bench of engineering talent and support and established global supply chain expertise with both domestic and international manufacturing capabilities, we believe Nelson-Miller is perfectly positioned for growth," Brian McGee, New Water Capital partner.