LongWater Opportunities

LongWater Opportunities, based in Dallas, Texas, with an additional office in Fargo, North Dakota, is a private equity firm focused on control buyout investments in lower middle-market manufacturing companies across the United States. Established in 2009, the firm partners with family owner-operators and entrepreneurs, aiming to foster mutually beneficial relationships. LongWater emphasizes a hands-on approach to enhance its portfolio companies by implementing strategic and operational initiatives that aim to build sustainable competitive advantages. The firm targets companies with earnings before interest, taxes, depreciation, and amortization (EBITDA) ranging from $2 million to $10 million, with a commitment to creating long-term value in American manufacturing.

Jordan Bastable

Partner / Co-Founder

Brooks Burgum

Partner / Co-Founder

Ben Dinehart

Managing Director

Bern Ebersole

Principal

Murphey Henk

Senior Associate

Philip Lea

Vice President of Business Development

Tim O'Keefe

Director of Investor Relations

Griffin Peavey

Associate

Trenton Shore

Associate

2 past transactions

Kalisher

Acquisition in 2018
Kalisher USA provides hospitality art services. It creates, curates, and commissions custom art for the hospitality and healthcare industries. The company was founded in 1999 and is based in Carrboro, North Carolina.

Fox River Mills

Acquisition in 2016
Fox River Mills is a longstanding manufacturer of high-quality knitted socks and handwear, established in 1900 and recognized as the longest continuously-running hosiery brand in the United States. Operating from a 240,000 square foot facility in Osage, Iowa, the company produces a wide range of products for men, women, and children, including athletic, outdoor, casual, and military socks. Their offerings feature various materials such as merino wool, silk, and cashmere, designed for both comfort and durability across different activities. In addition to their branded products, Fox River also maintains private label programs for major brands and retailers globally. The company is known for distinctive trademarks, including Wick Dry®, Scentry™, and the Original Rockford Red Heel® sock, which is famously associated with the sock monkey toy. Fox River's products are available through specialty stores and online, catering to a diverse market both in the United States and internationally.