Waterland Private Equity Invests in CodiLime

Waterland Invests in Chemservice to Accelerate International Growth

August 18, 2025

Consulting

European private equity firm Waterland has entered a strategic minority investment partnership with Chemservice, a regulatory compliance and regulatory affairs consultancy serving the chemical industry. The founders will retain a significant minority stake and remain in management as Waterland supports Chemservice’s organic expansion and targeted M&A to accelerate international growth and broaden its service offering.

Waterland Private Equity Acquires Majority Stake in INCOSA

January 17, 2025

Industrial Services

Waterland Private Equity has agreed to acquire a majority stake in INCOSA, a Spain-based engineering consulting firm, in a deal that will see INCOSA's existing shareholders and management retain a significant stake. The investment will support INCOSA's service expansion, capability enhancement and footprint growth across energy, infrastructure, building and environmental management markets.

Waterland Private Equity Invests in Beyond Law Group

July 17, 2024

Legal Services

Beyond Law Group, a UK-based disruptive legal group, has secured an investment from Waterland Private Equity to support its growth and buy-and-build acquisition strategy. The capital will fund organic expansion, strategic hires and targeted acquisitions while the current management team led by founder Matt Fleetwood remains in place.

Waterland Private Equity Invests in Black & White Engineering

June 27, 2024

Engineering Services

Waterland Private Equity has made a strategic investment in Black & White Engineering, a global MEP (mechanical, electrical and plumbing) design and consultancy serving the data centre market. The partnership will support Black & White’s international expansion and capability growth while founder Mick Cairns and the existing leadership team remain in place.

Waterland Private Equity Invests in Alphitan

August 2, 2024

Industrial Services

Waterland Private Equity has taken a minority growth investment in French industrial maintenance specialist Alphitan, becoming a shareholder alongside founders Jean-Louis Yang, Jérôme Siat and the company's management. The partnership will fund Alphitan's accelerated international expansion across Europe and targeted acquisitions, and support investment in capabilities such as predictive maintenance.

Waterland Acquires Majority Stake in dacoso

June 26, 2024

IT Services

European private equity firm Waterland has acquired a majority stake in dacoso GmbH, a leading IT network integrator and cybersecurity provider headquartered in Langen, Germany. The founding shareholders (Thomas Joswig, Horst Pohl, Felix Pohl and Robin Pohl) sold stakes but will retain ownership positions and Felix Pohl will continue as CEO; the partnership aims to scale dacoso internationally and accelerate growth.