Waterland Acquires Majority Stake in Hellorider

Waterland Acquires Majority Stake in NFP Group

March 9, 2024

Staffing & HR

Waterland has acquired a majority stake in NFP Group, the Dutch specialist in secondary employment benefits and lease-bike solutions, to support the company's next phase of growth. The investment will fund improvements to NFP's IT platform, expansion of its lease-bike (NFP Fietslease) offering and broader service development while current management remain involved.

Waterland Private Equity Acquires Van Vulpen

January 13, 2023

Construction

Waterland Private Equity has acquired a majority stake in Van Vulpen from Mentha, with the current management reinvesting in the business. Van Vulpen is a Gorinchem-based specialist in underground infrastructure and horizontal directional drilling serving electricity, gas and water utilities; Waterland will support further growth and professionalization of the business.

Waterland Private Equity Acquires Lebara Group

August 12, 2024

Telecommunications

Waterland Private Equity has agreed to acquire Lebara Group B.V., a leading European Mobile Virtual Network Operator serving over four million customers, in a buyout from existing owners Alchemy and Triton Partners. The acquisition positions Waterland to support Lebara's growth and expansion across its five core European markets, subject to regulatory approvals.

H.I.G. Capital Takes Strategic Stake in HELLER Group

February 4, 2025

Manufacturing

H.I.G. Capital affiliate has signed a definitive agreement to invest a strategic minority stake in the HELLER Group, a global CNC machine tool manufacturer headquartered in Nürtingen, Germany. The Heller family will retain a significant ownership interest as H.I.G. partners with management to fund HELLER’s transformation and growth plans; the transaction is subject to antitrust clearance.

Waterland Acquires Majority Stake in X²O

August 27, 2024

Retail

Waterland, a pan‑European private equity investor, has taken a majority share in X²O, the Ghent‑based omni‑channel retailer of bathroom equipment and furniture. Vendis Capital and founder Jan Ollevier retain significant minority stakes; the investment will support X²O's continued international expansion across the Benelux and into Germany.

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.