M&A Deal Summary

Castik Capital Acquires WATR Group

On November 27, 2024, private equity firm Castik Capital acquired environmental company WATR Group from Borromin Capital Management

Acquisition Highlights
  • This is Castik Capital’s 2nd transaction in the Environmental sector.
  • This is Castik Capital’s 3rd transaction in Germany.

M&A Deal Summary
Date 2024-11-27
Target WATR Group
Sector Environmental
Buyer(s) Castik Capital
Sellers(s) Borromin Capital Management
Deal Type Secondary Buyout

Target

WATR Group

Bad Bentheim, Germany
WATR Group is a groundwater management and (ground-)water purification company encompassing dewatering and groundwater management services, mobile water purification, temporary pump installations, and related ground protection products. It operates Koop, Clausen, Ko-Mats, Buitenkamp, and BC-Envirotec. WATR Group was formed in 1969 and is based in Bad Bentheim, Germany.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Castik Capital

Investor

Category Private Equity Firm
Founded 2014
PE ASSETS 1.3B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Castik Capital Partners advises Luxembourg based Castik Capital, the manager of the EPIC Funds. Castik seeks public and private investment opportunities throughout Europe where the Firm can commit €100 to €300 million per transaction. Castik was formed in 2014 and is based in Luxembourg.

DEAL STATS #
Overall 15 of 15
Sector (Environmental) 2 of 2
Type (Secondary Buyout) 10 of 10
Country (Germany) 3 of 3
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-28 ParaDIGMA

Nieuwegein, Netherlands

ParaDIGMA is a fast-growing group of companies operating in the field of sustainable employability. Its occupational health and safety services provider argo advises takes a unique approach to absenteeism, leading to progressive and highly effective absenteeism and health policies within organizations. The group also offers psychological interventions, outplacement and reintegration, labor research and advice, and business training. ParaDIGMA is based in Nieuwegein, Netherlands.

Buy -

Seller(S) 1

SELLER

Borromin Capital Management

Frankfurt am Main, Germany

Investor Investor

Category Private Equity Firm
Founded 2001
PE ASSETS 626M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Borromin Capital Management GmbH is a private equity firm specializing in management buyouts, spin-offs of mid-sized companies located throughout German-speaking Europe. Borromin Capital Management GmbH focuses on cash-flow positive companies with proven business models and strong market positions. Borromin Capital Management GmbH will not invest in turnaround situations. Borromin Capital Management GmbH was formerly known as BHF Private Equity GmbH. Borromin Capital Management GmbH was formed in 2001 and is based in Frankfurt.

DEAL STATS #
Overall 12 of 12
Sector (Environmental) 1 of 1
Type (Secondary Buyout) 8 of 8
Country (Germany) 10 of 10
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-15 Wilvo

Bergeijk, Netherlands

Wilvo is a metalworking company focused on the processing of a wide range of metal products using CNC machines and robot-assisted welding machines. In addition to light structural engineering is also offered special industrial services. Wilvo has high-tech assembly halls with state-of-the-art machines, as well as exceptional expertise, with which complex projects in small and large series can be implemented within a short time for customers at home and abroad. In addition, the company has two clean rooms (together 1000 m2), which are among the largest in the Netherlands and are ideal for cleaning large, highly sensitive machines and components. Wilvo was founded in 1970 and is based in Bergeijk, Netherlands.

Sell -
Mergr

Product

Company

Legal