Headquarter: Germany
Revenue: ~€100m
Investment Date: January 2025
WATR Group is a market leader in groundwater management and purification services in Germany and the Netherlands.
The company specializes in dewatering and groundwater management, mobile water purification, temporary pump installations, and ground protection solutions. Headquartered in Germany, the group employs about 300 people. WATR Group plays a crucial role in helping industries meet environmental and sustainability standards for water treatment and management. Additionally, it supports the energy transition by providing essential dewatering services for large power distribution projects.
The business is characterized by:
Mission-critical services, enabling the energy transition
Sustainable double-digit topline growth
Strong positioning in Germany and the Netherlands
Management and Castik will focus on strengthening WATR Group’s market-leading position while driving accelerated growth through both organic expansion and strategic acquisitions. The partnership aims to enhance WATR’s capabilities in core groundwater management and purification services while expanding into adjacent water treatment and management sectors.
- Market leader in groundwater management and purification services in Germany and the Netherlands
- Essential role in enabling sustainable infrastructure development and water treatment
- Strong exposure to the rapidly growing power distribution, rail and road, waterworks and other infrastructure market
- Long-term customer relationships with major general contractors as well as TSOs with a high level of operational collaboration
- Extensive track record of both consistent organic and inorganic growth