A predecessor of Macanta invested in Orlando Bathing Suit LLC, the parent company of Everything But Water (www.everythingbutwater.com) in 2014.
Everything But Water is the largest independent retailer of women’s swimwear and related items in the US. Control of the company was purchased by a long time friend and former partner of Terry in 2010, and Terry was approached to provide capital to fund the company’s growth through store acquisitions, store openings and online retail.
The company successfully and profitably executed a growth plan until the Covid-19 Pandemic forced most of its locations to close. The company is currently evaluating its options. Macanta sold its position in EBW in 2020.