Bussum · Growth · 20 people tracked
Also known as WATERLAND PRIVATE EQUITY INVESTMENTS B.V.
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Investment thesis
Waterland Private Equity applies a buy-and-build strategy, backing successful companies in fragmented, growing markets and partnering with management teams to accelerate growth via organic development and targeted add-on acquisitions. It provides expansion capital plus hands-on support in acquisitions, financing and organisational development while leaving daily operations to management. Its approach rests on three pillars: buy-and-build, proactive deal sourcing, and a flexible, tailor-made strategy. Investments are guided by four macro-economic themes: outsourcing & digitalisation, ageing population, leisure & wellbeing, and sustainability. Backed by leading institutional investors, Waterland has raised over €20 billion in commitments, and is currently investing Fund X.
Source: firm website, verified Sep 29, 2026.
Team · 20 people
from the firm's websiteFounder mafia
3 people who came through Waterland went on to found or lead other companies.
What they invest in
from 4 of 18 portfolio companiesSaaS ×3B2B Marketplaces ×1Cloud Computing ×1Creator Economy ×1Digital Health ×1Enterprise Software ×1InsurTech ×1Media & Entertainment ×1
HQs:Netherlands×2Germany×1
Investments · 18 tracked
founders shown can be your intro pathBy year:2024 · 12018 · 12 dated
Aevitae is a Dutch health insurance service provider that manages insurance products and administration for consumers, employers, intermediaries, and healthcare providers.
Digital HealthInsurTech
Hellorider operates a platform for business bicycle leasing in the Netherlands, connecting bike dealers, leasing companies, employers, and employees with a choice of over 200 bike brands and 1,600+ dealers.
B2B MarketplacesMobility & TransportationSaaS
Co-investorsNPM Capital N.V.
Image-Line makes FL Studio, a digital audio workstation for music producers to create beats, record audio, and arrange and mix full tracks.
Creator EconomyMedia & EntertainmentSaaS
Co-investorsOrkila CapitalUlysses Management
Enreach (founded 1999 as Swyx) develops unified communications software that consolidates business telephony and communication into a single platform accessible via PC and smartphone apps, including cloud telephony and AI-based solutions.
Cloud ComputingEnterprise SoftwareSaaS
Co-investorsTiburon
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
9AltitudesA RosaAbtsAfoAlbatrossAlbatross ProjectsAll Things LiveAlliance ElectronicsAlphitanAlphitan GroupAml RiatolArgonaArseusAtl
Fund performance · per public LP disclosures · 7
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Waterland Private Equity Fund VI LPLPs: Florida State Board of Administration | 2015 | — | 23.7% | 2.40x | 1.84x |
| Waterland Private Equity Fund V C VLPs: Sacramento County Employees' Retirement System | 2011 | — | 35.0% | 2.95x | 3.05x |
| Waterland Private Equity Fund VII C.V.LPs: Florida State Board of Administration | 2005 | — | 34.5% | 1.53x | 0.16x |
| Waterland Private Equity VI Overflow Feeder Fund L.P.LPs: Florida State Board of Administration | 2004 | — | -100.0% | 0.00x | 0.00x |
| Waterland Private Equity VI, L.P.LPs: Florida State Board of Administration | 2004 | — | 23.0% | 2.26x | 1.84x |
| Waterland Private Equity VI, L.P. Overflow FeederLPs: Florida State Board of Administration | 2004 | — | — | 0.14x | 0.00x |
| Waterland Private Equity Fund VIII C.V.LPs: Florida State Board of Administration | 2001 | — | — | 1.27x | 0.00x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Waterland made?
- Waterland has 18 tracked investments.
- What stage does Waterland invest at?
- Waterland invests at the Growth stage.
- What sectors does Waterland focus on?
- Waterland focuses on Wellness & Fitness.
- Where is Waterland located?
- Waterland is headquartered in Bussum, NL.
Media · Podcasts & interviews
from their channel
Horn & Company x Waterland: Together We Grow
Waterland Private Equity · youtube.com

Asteria x Waterland: Building a Pan-European Labels and Packaging Group
Waterland Private Equity · youtube.com

Framna x Waterland: Digital Products That Make Everyday Life Easier
Waterland Private Equity · youtube.com

Ipsilon x Waterland: Building a Leading European IP Firm
Waterland Private Equity · youtube.com

MTM Engineering x Waterland: From Family Business to Market Leader
Waterland Private Equity · youtube.com

MEDIAN Group: Advancing Digital Health in Rehabilitation
Waterland Private Equity · youtube.com
Images
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