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KLO/GSC CEO Chuck Smith greets Michigan Gov. Rick Snyder as the company announces its $9.2 million corporate HQ and manufacturing expansion, job creatin in Muskegon.

31 Aug World’s Largest Kayak-Maker Announces Michigan Expansion

Posted at 17:15h in Industrial Manufacturing & Services, News, Paddlesports, Small-Mid Market Companies by Brian McGee

KL Outdoor/GSC Technologies Michigan Expansion Generates Est. $9.2 Million Investment, 153 Local Jobs New Water Capital portfolio company KL Outdoor/GSC Technologies will base its corporate and manufacturing operations in Muskegon, generating 153 jobs and a total...

New Water Portfolio Company KL Outdoor-GSC Sends 2000 Kayaks to Hurricane Harvey Flood Relief

30 Aug KL Outdoor/GSC Technologies Supplies Kayaks to Hurricane Harvey Rescue Effort

Posted at 13:22h in Consumer Products, Industrial Manufacturing & Services, News, Paddlesports, Small-Mid Market Companies by Brian McGee

Our thoughts and prayers are with all those impacted by Hurricane Harvey and recent flooding. As a Boca Raton, Florida-based company, we at New Water Capital know something about hurricanes and about what a difference...

27 Jun New KL Outdoor-GSC CEO Brings Sales, Market Development Savvy

Posted at 05:49h in Consumer Products, Management, News, Paddlesports by Brian McGee

Muskegon, Michigan-based KL Outdoor-GSC, a New Water Capital portfolio company, announced today that outdoor sports and recreation industry veteran Charles L. “Chuck” Smith has been named chief executive officer. The company, believed to be the...

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25 Apr KL Outdoor and GSC/Future Beach Announce Merger Creating the World’s Largest Kayak Company

Posted at 03:00h in Consumer Products, Industrial Manufacturing & Services, News, Paddlesports by Brian McGee

KL Outdoor, maker of Sun Dolphin kayaks, and GSC Technologies, maker of Future Beach kayaks, will combine to form a single company, with the brand recognition, design talent and industry expertise of two leading players...

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11 Apr New Water Capital Sees Big Future for Future Beach Kayaks

Posted at 05:00h in Consumer Products, Deal Announcement, News, Paddlesports by Brian McGee

New Water Recapitalizes Leading Paddle Sports Equipment Manufacturer GSC An affiliate of New Water Capital Partners L.P., a Boca Raton-based private equity investment firm focused on lower-middle market companies, has completed its recapitalization of Montreal-based GSC Technologies, a leading manufacturer...