Waterland Invests in Chemservice to Accelerate International Growth

Waterland Private Equity Partners with pgb-Group to Accelerate European Expansion

March 11, 2025

Manufacturing

Waterland Private Equity has partnered with family-owned pgb-Group, the Belgian market leader in fastening materials, to support pgb's international growth and consolidation across Europe. The transaction gives Waterland joint control and will fund further automation, capacity expansion and acquisitions as pgb pursues a strategy to become a European market leader; pgb is headquartered in Melle, Belgium and generates over €80 million in revenue.

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 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.

Water Engineering (Portfolio Company of Nolan Capital) Acquires Chem Pro Laboratory

September 6, 2022

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired Chem Pro Laboratory, a family-owned water treatment provider headquartered in Gardena, California. The acquisition adds Chem Pro's water treatment equipment, chemicals, consulting and preventative maintenance capabilities to the WEI platform as part of a broader consolidation and growth strategy across 24 states.

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.

Water Engineering (Nolan Capital) Acquires Delta Chemical Corp.

May 23, 2023

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired Delta Chemical Corp., a Jefferson, Louisiana–based provider of water treatment chemicals, equipment, consultation and preventative maintenance services. Delta's owners, Ross Heidingsfelder and Lee Mauberret, will remain with the business as it joins the WEI platform to expand the platform's footprint and continue WEI's consolidation strategy in water treatment services.