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LongWater Opportunities
https://www.longwateropportunities.com/Last activity: 10.06.2026
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LongWater Opportunities is an operationally focused private equity firm targeting control equity investments in family-owned and operated, American manufacturing companies. Founded in 2009 by entrepreneurs Jordan Bastable and Brooks Burgum, Longwater sought to build a private equity firm focused on aligning interests and investing patient capital to build great American businesses. Using their previous experience as private sector CEO’s, the founders have successfully executed this model, culminating in 13 completed transactions and the recent closing of Longwater’s third fund.
At Longwater we believe in servant leadership; we are here to serve our companies, not the other way around. We practice this through active operational involvement with each portfolio company, along with a commitment to continually invest in the people, processes, and technology critical to success. With offices in Dallas, TX and Fargo, ND, we seek a growing footprint across the Midwestern United States. We ally with those who want an operating partner who will share their passion and commitment to building great organizations.
HOW WE OPERATE
• Build Trusting Relationships
• Serve with Humility
• Stay Positive and Confront Reality
• Create Clarity Through Simplicity
HOW WE INVEST
• Control Investments
• US-based Manufacturing Businesses
• Family-owned and Operated
• EBITDA of $3M - $8M (Platform Acquisitions)
• Revenue of $20M - $50M (Platform Acquisitions)
HOW WE FIND WINNERS
• Defensible US Production
• Low Labor Content
• Fragmented Industries
• Compelling Organic Growth
• Sustainable Competitive Advantages
• Growing End Markets
Please contact Justin Smith with investment opportunities at [email protected]
At Longwater we believe in servant leadership; we are here to serve our companies, not the other way around. We practice this through active operational involvement with each portfolio company, along with a commitment to continually invest in the people, processes, and technology critical to success. With offices in Dallas, TX and Fargo, ND, we seek a growing footprint across the Midwestern United States. We ally with those who want an operating partner who will share their passion and commitment to building great organizations.
HOW WE OPERATE
• Build Trusting Relationships
• Serve with Humility
• Stay Positive and Confront Reality
• Create Clarity Through Simplicity
HOW WE INVEST
• Control Investments
• US-based Manufacturing Businesses
• Family-owned and Operated
• EBITDA of $3M - $8M (Platform Acquisitions)
• Revenue of $20M - $50M (Platform Acquisitions)
HOW WE FIND WINNERS
• Defensible US Production
• Low Labor Content
• Fragmented Industries
• Compelling Organic Growth
• Sustainable Competitive Advantages
• Growing End Markets
Please contact Justin Smith with investment opportunities at [email protected]
Overview
Location
United States, Texas, Dallas
Employees
11-50
Founded date
2009
Mentions in press and media 7
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jul 7, 2021 | The weirdly sensical business of weather TV | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content Does your company need a Chief A.I. Ethics Officer, an A.I. Ethicist, an A.I. Ethics... |
| Mar 13, 2019 | LongWater Opportunities-backed Kalisher Acquires Soho Myriad | LongWater Opportunities, an operationally-focused private equity firm headquartered in Dallas, Texas, is pleased to announce the acquisition of Soho Myriad, Inc., a consultant, curator, and manufacturer of custom art packages, from Janie St... |
| Mar 13, 2019 | LongWater Opportunities-backed Kalisher Acquires Soho Myriad | LongWater Opportunities, an operationally-focused private equity firm headquartered in Dallas, Texas, is pleased to announce the acquisition of Soho Myriad, Inc., a consultant, curator, and manufacturer of custom art packages, from Janie St... |
| Nov 27, 2016 | LongWater Acquires Fox River | LongWater Opportunities, an operationally-focused private equity firm headquartered in Dallas, Texas, is pleased to announce the acquisition of Fox River Mills, Inc., a 116-year-old sock manufacturer, from the Lessard family, who have owned... |
| Nov 27, 2016 | LongWater Acquires Fox River | LongWater Opportunities, an operationally-focused private equity firm headquartered in Dallas, Texas, is pleased to announce the acquisition of Fox River Mills, Inc., a 116-year-old sock manufacturer, from the Lessard family, who have owned... |
| May 5, 2016 | LongWater closes oversubscribed Fund II at $50m target | Dallas-based buyout house LongWater Opportunities has closed its second equity fund at its $50m target, after less than |
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FAQ about LongWater Opportunities
When was LongWater Opportunities founded?
LongWater Opportunities was founded in 2009.
What has the press written about LongWater Opportunities?
Parsers VC has collected 7 articles mentioning LongWater Opportunities, among them “The weirdly sensical business of weather TV” (Jul 7, 2021) and “LongWater Opportunities-backed Kalisher Acquires Soho Myriad” (Mar 13, 2019).
Is LongWater Opportunities still active?
Yes, LongWater Opportunities is active; its latest activity on Parsers VC dates from Jun 10, 2026.