Waterlogic Acquires Waterconcept Hungary Kft

Waterlogic Acquires Vattentornet Aqua Concilio, Waterconcept and Thoreau International in Sweden

January 4, 2021

Restaurants & Hospitality

Waterlogic (PE-backed by Castik Capital) has acquired three Swedish businesses — Vattentornet Aqua Concilio, Waterconcept and Thoreau International (collectively referred to as ‘Thoreau’) — to strengthen its HoReCa and hospitality offering in Sweden. The deal adds approximately 1,000 machines-in-field and the Thoreau brand and franchise capability to Waterlogic Sweden as part of its buy-and-build expansion strategy.

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.

Waterlogic Acquires Tipperary Water's Water Cooler Business

October 21, 2020

Food & Beverage

Waterlogic has acquired the water cooler business of Tipperary Water from C&C Group plc, adding over 12,000 machines in the field and doubling the size of Waterlogic's Ireland team. The deal expands Waterlogic's footprint in the Republic of Ireland and Northern Ireland as part of its buy-and-build strategy under PE owner Castik Capital.

Waterlogic Acquires Hidrospot in Colombia

November 30, 2020

Industrial Services

Waterlogic has acquired Hidrospot, a Bogotá-based point-of-use (POU) water dispenser provider with ~5,000 installed dispensers and about 40 employees. The deal expands Waterlogic's footprint in Latin America as part of its buy-and-build strategy while the company remains PE-backed by Castik Capital.

Waterlogic Acquires Merquip in New Zealand

October 1, 2021

Manufacturing

Waterlogic, the Castik Capital-backed global designer and distributor of purified water dispensers, has acquired Merquip, a longtime Auckland-based supplier of hydration solutions. The deal gives Waterlogic a direct presence in New Zealand and expands its point-of-use (POU) and bottle-filling station offering in the region as part of its buy-and-build strategy.

Waterlogic Acquires Home Business Solutions (HBS) in Portugal

September 3, 2021

Industrial Services

Waterlogic has acquired Home Business Solutions (HBS), a Portugal-based distributor and service provider of coffee machines, consumables and point-of-use (POU) water dispensers. The acquisition establishes a direct Waterlogic presence in Portugal, adds ~17,000 daily-served customers and a 16-person team across Lisbon and Porto as part of Waterlogic's buy-and-build growth strategy under its Castik Capital-backed ownership.