Waterland Acquires BODE from Schaltbau Group (with Management Rollover)
May 12, 2026
Waterland Private Equity has entered into a strategic partnership to acquire BODE, a global provider of door and access systems for public transport, from Schaltbau Group. BODE’s senior management will invest in the company alongside Waterland, and the deal is subject to customary regulatory approvals. The parties did not disclose financial details.
- Buyers
- Waterland Private Equity
- Targets
- BODE
- Sellers
- Schaltbau Group, Carlyle
- Platforms
- Industry
- Industrial Services
- Location
- Germany
- Transaction Type
- Buyout
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