Castik Capital Acquires Majority Stake in WATR Group

Castik Capital's EPIC I‑b Acquires Controlling Stake in Waterlogic

May 21, 2021

Manufacturing

Castik Capital closed its single-asset EPIC I‑b fund at approximately €700m to acquire a controlling majority stake in Waterlogic from Castik’s earlier EPIC I fund. The recapitalization gives Waterlogic a longer investment horizon and additional capital to pursue its buy‑and‑build strategy and global growth; Waterlogic currently reports c. $400m revenue, EBITDA in excess of $150m and has completed nearly 80 add‑on acquisitions.

Castik Capital Acquires Majority Stake in Andra Tech Group

May 14, 2024

Manufacturing

Funds managed by Castik Capital S.a.r.l. have agreed to acquire a majority stake in Andra Tech Group from funds advised by Equistone Partners Europe, Mountainview Capital Partners and management; Equistone and management will remain minority shareholders. Andra Tech Group, a Netherlands-headquartered group of precision component manufacturers employing ~700 people across 11 sites in the Netherlands and Germany, will pursue an accelerated growth strategy supported by Castik, including geographic expansion and capability development.

Castik Capital Acquires Majority Stake in ARTUS

July 15, 2022

Environmental Services

Castik Capital (via its EPIC II fund) has acquired a majority stake in ARTUS, a leading German property damage restoration and disaster-recovery services provider, in a partnership with ARTUS founders and management. ARTUS operates across Germany (headquartered in Isernhagen and Leipzig) with over 400 employees across 28 branches and offers fire, water and construction-drying services, having processed more than 10,000 claims in 2021.

Castik Capital Acquires Majority Stake in Aider

October 21, 2024

Accounting & Tax

Funds managed by Castik Capital have acquired a 55% majority stake in Norwegian accounting and consulting group Aider, with over 160 employees retaining a combined 45% ownership. The partnership gives Aider access to capital to continue its buy-and-build strategy, accelerate further acquisitions, expand in Norway and pursue longer-term Nordic growth.

Castik Capital Acquires Majority Stake in Element Logic

June 4, 2021

Logistics & Distribution

Funds managed by Castik Capital have agreed to acquire a majority stake in Element Logic, partnering with co-founders Dag-Adler Blakseth and Kjell Blakseth plus the management team and employees. Castik will support Element Logic's rapid organic expansion across Europe and help expand its service and software capabilities, with Ares providing financing and several advisors engaged on both sides.

Castik Capital Acquires TBAuctions

November 25, 2021

E-Commerce

Funds managed by Castik Capital will acquire TBAuctions, the European online auction platform formed from Troostwijk Auctions and BVA Auctions, to accelerate pan‑European growth through organic expansion and buy‑and‑build. The deal (subject to Works Council and ACM approvals) will back TBAuctions' ATLAS technology platform and support further add‑on acquisitions across Europe while existing management will remain significant shareholders.