Waterland Private Equity

Waterland Private Equity is an investment group that supports entrepreneurs in realizing their growth ambitions. With substantial financial resources and committed industry expertise, the company enables its portfolio companies to achieve accelerated growth both organically and through acquisitions. It acts as an active shareholder in its portfolio companies, playing a key role in their strategic and operational development, growth, and performances. It is a member of the Dutch Private Equity Association (NVP), the Belgian Venturing Association (BVA), the European Private Equity and Venture Capital Association (Invest Europe), the German Private Equity and Venture Capital Association (BVK), the Polish Private Equity Association (PSIK), the Swiss Private Equity and Corporate Finance Association (SECA), and the Austrian Private Equity and Venture Capital Organization (AVCO). The portfolio businesses of the company are Inashco, L'biotica, Keylane, Aevitae, and Base Logistics. The offices of the company are located across the Netherlands, Germany, Belgium, and Poland. Waterland Private Equity is a Netherlands-based company that was founded in 1999.

Florian Behrmann

Investment Manager

Oliver Bevan

Principal

Pieter Bukala

Investment Manager

Joy Castenmiller

Senior Investment Manager

Laura Dillon

Principal

Nicolas D’heygere

Partner

Robin Elley

Investment Manager

Tim Goedeweeck

Investment Director

Dominic Graham

Investment Director

Joep Hendriks

Senior Investment Manager

Gregor Hengst

Partner

Louis Huetz

Managing Director

Wendy McMillan

Partner

Philippe Moser

Investment Director

Vincent Nykjaer

Senior Investment Manager

Wouter Roduner

Managing Partner

Rinaldo Rosendaal

Investment Director

Hans Scheepers

Managing Partner

Rob Thielen

Chairman

David Torralba Torrents

Principal

Frank Vlayen

Group Managing Partner

Past deals in Belgium

Nuts Groep

Private Equity Round in 2017
Nuts Groep is supplying electricity and gas to connection points in the Netherlands and Belgium. The Nuts Groep supplies various brands with energy at low prices and without hassle. This requires scale. That is why Nuts Group strives to consolidate energy companies in the Benelux, in addition to organic growth. The company now has around 600,000 customers in the Netherlands under the labels 'Budget Energy' (www.budgetenergie.nl) and 'NLE' (www.nle.nl), and more than 100,000 customers in Belgium under the label 'Elegant' (www.elegant.be). Before 2020 the Nuts Group wants to break through the border of 1 million customers. In 2018 the company will invest more than € 800 million. The Nuts Group is 50% owned by investor Waterland.

Enhesa

Private Equity Round in 2017
Enhesa is the market leader in global environmental, health and safety compliance assurance providing support to businesses worldwide. We leverage our comprehensive knowledgebase of regulatory expertise utilizing our in-house team of over 75 dedicated EHS regulatory analysts from more than 40 different countries to provide insights and analysis regarding EHS regulatory developments from around the world. Enhesa provides this key regulatory intelligence for over 200 jurisdictions in both an easy to understand and utilize manner.

United Petfood

Private Equity Round in 2016
United Petfood is an exclusive private label producer for extruded dry dog and cat food, biscuits for dogs and snacks; a range of standard nutritional products for cats and dogs; specialty products, which include fresh meat, low grain formulas, grain free formulas, and probiotic formulas in the feed; and baked biscuits in various shapes, tastes, and colors.

Scholt Energy Control

Acquisition in 2016
Scholt Energy Control energy supplier to the business market in the Netherlands, Belgium and Germany. With their personal, clear and independent process they have gained a place in the energy market. They are willing to always go the extra mile for their customers. That translates into long-term and successful cooperation based on mutual trust. They are not the biggest but the best.

Fagron

Post in 2016
Fagron is a global pharmaceutical compounding company based in Belgium, specializing in customized pharmaceutical care for hospitals, pharmacies, clinics, and patients across 34 countries. The company produces pharmaceutical raw materials, equipment, and supplies essential for medication preparation in pharmacies. Fagron operates through several segments, including Fagron Europe, Middle East and Africa (EMEA), Fagron North America, and Fagron Latin America, with the majority of its revenue derived from the North American market.

Histogenex

Private Equity Round in 2016
HistoGeneX Laboratories is a privately held service provider of biomarker technologies for translational and clinical research and is a CAP, CLIA and BELAC-accredited laboratory. With facilities located in Antwerp, Belgium and Chicago, Illinois, and taking steps to establish a site in China, HistoGeneX provides a networked footprint for global clinical trials. Our services and products stem from a pathology and patient care perspective. We are experts at handling all human biological specimens and deploy the relevant technologies to extract the valuable information contained within for research and diagnostic applications.

Aminolabs

Acquisition in 2015
Development and production of innovative concepts in sports & health supplements As a manufacturer of dietary supplements, they are the supplier of many internationally renowned companies in sports and health nutrition. With their combination of innovative concepts and a flexible yet high-quality production they produce private label products that are convincing. Consumers around the world enjoy the products that are developed and produced at their facility in Hasselt, Belgium. They produce both sports and health supplements. You can think of nutritional sport products like protein and diet shakes, weight gainers, post-workout products and energy shots. Aminolabs is also a manufacturer of health products such as multivitamins, minerals, glucosamine, omega 3 and other combinations for specific purposes such as slimming, beauty and pre- and post-birth mixes. But they can do more, they also supply creams, gels, lotions and mousses. That’s how they can offer you the full spectrum of private label supplements. They understand that a dynamic market calls for innovative designed concepts to meet your requirements and those of your consumers. That’s why they make it their business to know all about the trends that keep you in shape. Because they strongly believe that this makes a crucial difference in creating tailored concepts to meet new demands in your market. Let us be your strategic partner in health and sports nutrition, to support your success.

Napoleon Games

Acquisition in 2015
Napoleon Games is active in all major segments of the gaming sector. In 2012, the group launched its online gaming and sports betting (both live and pre-match) platform. Customer can play and place bets both through the online website (napoleongames.be) as well as the mobile application. Next to this, Napoleon Games operates the Knokke casino and 22 gaming arcades, of which most are located in Flanders.

Intelligent

Private Equity Round in 2015
Intelligent is an international hosting group offering hosting services for SMEs and Large Enterprises. The SME branch of the group accommodates trusted brands such as Combell, Byte, DanDomain and Flexmail. For Large Enterprises the group provides products and services under the names Sentia and ReasonNet.

Bosteels Brewery

Private Equity Round in 2014
Bosteels Brewery, a brewery, produces beer and sparkling wines for customers in Europe. Its products include kwak, Tripel Karmeliet, and DeuS beers. Bosteels Brewery began operation in 1791, with its headquarters in Buggenhout in Belgium. Brouwerij Bosteels operates as a subsidiary of Anheuser-Busch InBev as of September 8, 2016.

Unimar NV

Private Equity Round in 2014
Unimar NV is a leading player in the development and distribution of deep-frozen products for the bakery sector. It specialises in bake-off products (deep-frozen products in particular), with distribution in both the retail and wholesale sectors and in food services.

Diversi Foods

Private Equity Round in 2014
Diversi Foods NV is a producer and marketer of frozen and fresh bakery products, serving both the bakery sector and commercial catering services. Established in 1989 and headquartered in Erpe-Mere, Belgium, the company offers a wide range of products, including snacks, patisserie, viennoiserie, and various bakery specialties. Diversi Foods sells its products directly and through wholesalers, primarily targeting markets in Belgium and Western Europe. As of February 18, 2018, the company operates as a subsidiary of Columbus Container Services BVBA & Co.

Omega Pharma

Acquisition in 2012
Omega Pharma engages in the development and sale of prescription-free health and personal care products to pharmacies and other medical sectors together with its subsidiaries. It offers personal care products for face and body, sun care products, and baby-specific products under the Bodysol/Galenco, ACO, Lactacyd, Claire Fisher, Bergasol, and Biodermal brand names; and medicated skin care products for various skin conditions and allergies under the Dermalex, Septivon, and Wartner brands. Omega Pharma also provides cough and cold products, and allergy products, as well as aromatherapy and homeopathic solutions under the Bittner/Aflubin, Prevalin/Beconase, Physiomer/Libenar, and Phytosun brand names; and anti-parasites under the Paranix and Jungle Formula brands for human, as well as Paravet/Clément-Thékan brand name for pets. In addition, it offers vitamins, minerals, supplements, and natural remedies under the Davitamon, Biover, Abtei, Granufunk and Bional brand names; weight management products under the XLS and XLS Medical brands; pregnancy tests and self-diagnostic products under the Predictor brand name; pain relief products under the Solpadeine and Optalidon brands; eye care products under the Opticalm(ax) brand; and sleep aid products under the brand names of Silence and Nytol. Omega Pharma primarily operates in Europe, Turkey, Australia, Argentina, and South-Africa. Marc Coucke and Yvan Vindevogel founded it in 1987. Omega Pharma has its headquarters in Nazareth in Belgium. It operates as a subsidiary of Perrigo Company.

Keylane

Acquisition in 2012
Keylane is a European provider of customer-focused SaaS software tailored for the insurance and pension sectors. With headquarters in Utrecht, Netherlands, and a workforce of over 600 employees, Keylane serves more than 100 insurance companies across multiple countries, including Belgium, Germany, Norway, Sweden, and the UK. The company offers modular solutions that support various core processes for life, non-life, and pension insurance. Keylane's software features flexible standard modules and advanced functionalities, enabling clients to adapt products easily without technical assistance. This capability allows insurance and pension providers to reduce operational costs, accelerate the launch of innovative products, and enhance customer satisfaction.

P. Lemmens Company

Private Equity Round in 2011
P. Lemmens Company is a Belgian company which specialized in areas related to air movement such as ventilation, heating and air conditioning. The company, which employs a team of 50 people, is at the forefront of airflow technology, and has been for over thirty years.

Sarens

Private Equity Round in 2011
Sarens NV specializes in crane rental, heavy lifting, and engineered transportation services, catering to projects ranging from small-scale to mega-scale. Founded in 1955 and headquartered in Wolvertem, Belgium, the company operates in over 60 countries across six continents. Sarens offers a diverse range of equipment, including giant hydraulic cranes, heavy lifting tower cranes, barges, and modular trailers, while also providing maintenance services and selling used equipment. The company serves various sectors such as civil engineering, oil and gas, petrochemicals, mining, and power generation, including wind, coal, and gas plants. Additionally, Sarens has an online store for merchandising products related to its services. With a strong focus on understanding the specific needs of its industries, Sarens delivers innovative lifting and transport solutions worldwide.

Verbraeken Infra

Acquisition in 2010
Verbraeken Infra builds and renovates utility infrastructure networks for gas, water, electricity and telecom companies. Vebraeken-Infra generates sales of € 140 million annually, with 1.000 employees across Belgium, France and Germany. Waterland supports Infra Group in its continued expansion in Europe and beyond. This growth strategy resulted in expansion of Verbraeken-Infra’s footprint both organically as well as through acquisitions in France, Germany and the Benelux and has strengthened Verbraeken-Infra’s leading market position in Belgium.

IPCOM

Acquisition in 2010
IPCOM specializes in the distribution and conversion of insulation materials across Europe, focusing on thermal, acoustic, and fire protection applications. The company offers a wide range of building insulation products, including XPS, EPS, PUR, PIR, glass wool, and stone wool. Its technical insulation products encompass various slabs, mats, and pipe sections made from mineral wool and other materials. IPCOM also provides passive fire protection solutions, including panels, boards, and sealing systems, as well as acoustic insulation products designed for sound absorption and vibration damping. Additionally, IPCOM manufactures fireproof bulkheads and fire-resistant door systems for both inland and ocean-going passenger vessels. Founded in 2010 and headquartered in Merelbeke, Belgium, IPCOM serves a diverse array of industries, including automotive, public transport, marine, construction, and energy.

Arseus

Private Equity Round in 2009
Arseus is a R&D scientific company delivering innovative solutions and concepts to professionals and institutions in the healthcare sector in 30 countries worldwide. Arseus is subdivided into three divisions: Fagron is global market leader in pharmaceutical compounding. Corilus develops and supplies unique integrated ICT solutions with substantial added value to medical specialists and is market leader in Belgium, France and the Netherlands. The Belgian company Arseus NV is located in Waregem, and is listed on NYSE Euronext Brussels and NYSE Euronext Amsterdam. The operational activities of the Arseus group are driven by the Dutch company Arseus BV. The head office of Arseus BV is located in Rotterdam.

HealthCity International

Private Equity Round in 2005
HealthCity International owns and operates sports and fitness clubs across the Netherlands, Germany, Luxembourg, France, Italy, Spain, and Belgium. It offers HealthCity clubs, offering BasicFit and, HealthCity Premium. The facilities include tennis and squash courts and swimming pools. It also provides childcare and sauna facilities. HealthCity International began operation in 2000, with its headquarters in Hoofddorp in the Netherlands. It operates as a subsidiary of Leisure Group Europe.

Senior Living Group

Acquisition in 2004
Senior Living Group is operates residential care and nursing homes Belgium.