Lincolnshire Management, a private equity firm, completed the acquisition of Whitewater Brands, a supplier of productivity-enhancing consumables and light equipment from Rock Gate Partners, a private equity firm. Financial terms were not disclosed. “The Whitewater brands are well recognized in the collision repair community and their reputation positions them to be a promising platform for growth as a leader in a very large, broad, and highly fragmented market," T.J. Maloney, Lincolnshire Management Chairman and CEO.