You are currently viewing Eric Bitel

Eric Bitel

Eric Bitel is a finance and accounting professional with 16 years of experience across the manufacturing landscape with a background as a controller, cost accountant, internal controls auditor, and independent consultant.

Previously Eric held positions in the automotive, aerospace, aftermarket, retail, and building products sectors. His areas of expertise include financial planning and analysis, systems reporting and closing processes, treasury controls and cash management, budgeting, internal audit, account reconciliation, and cost accounting. Eric has a track record of driving financial success in multiple manufacturing organizations through the improvement of systems reporting and functionality, tracking and controlling of internal spend, reduced time to close and working capital management. Eric established his own independent consulting business in 2019, Sun Spot Consulting LLC, a financial and operational consulting firm specializing in private equity-held businesses and turnaround situations.

Eric has a BS BA in Accounting from Central Michigan University.

Persons referred to as “operating executives” generally are compensated by the Fund or its portfolio companies, and such compensation will not be shared with the Fund or otherwise offset fees payable by the Fund (including the Management Fee). Operating executives typically are independent contractors but may also be employees of New Water, current or former portfolio companies or any of its affiliates and may have business or investment activities unrelated to New Water.