Castik Capital is a European Private Equity firm with a long-term approach to value creation.

Alpega

logistics software company and freight marketplace

Funds managed by Castik invest in high-quality businesses headquartered in Europe.

Acrotec

Critical components for luxury watches, medtech and other industrial end-markets

Castik Capital supports managers or founders to achieve their ambitious growth plans.

AllDent

Operator of multiple large dental care practices in Germany

Castik Capital offers flexibility in terms of investment to offer most suitable proposition.

CPA

Provider of intellectual property management services and software

Castik Capital is a European Private Equity firm with a long-term approach to value creation.

Waterlogic

Workplace hydration solutions company

European Private Equity Fund with longer-term approach

Current fund size:  €1bn

Target initial enterprise value c. €200-800m

About Castik

Castik Funds invest in great companies and management teams with the aim to create market leaders.

Founded in 2014, Castik Capital focuses on identifying and developing investment opportunities across Europe. The investments are made by the Luxembourg based EPIC funds. The first fund, EPIC I, has a volume of €1 billion and was raised in 2014/2015. The second fund, EPIC II, had its first close in April 2019. The Castik employees have extensive knowledge and experience in the Private Equity markets, with a team that has been actively investing in transactions for over 25 years. The advisor to Castik Capital is Castik Capital Partners GmbH, based in Munich.

News

Waterlogic Acquires Pure Water Technology, Inc.

11.01.2018

Waterlogic, a vertically integrated global designer, manufacturer, distributor and service provider of drinking water systems, is pleased to announce the acquisition of Pure Water Technology, Inc. (PWT) a leading provider of workplace bottleless water solutions and coffee in the Southern California market. PWT is headquartered in Redlands, California with an additional depot in Orange County, California. Waterlogic will maintain these locations as it bolsters its presence in Southern California. The founder and owner, George Squires, started the business in 2006. The company can be found at www.ditchthebottle.com. The acquisition adds 17 employees and over 6,000 machines in field (MIF) to Waterlogic’s existing USA operations.

“We have long admired George’s operations in Southern California. George built an A+ business and was able to build significant scale without sacrificing customer service”. – John Pavlovich, COO, Waterlogic Americas

“My relationship with the M&A team at Waterlogic goes back several years. They were patient and open with me as I grew my business. While I never knew if or when I would sell, I always knew that Waterlogic would be one of the best options for me, my team, and our customers if that time came. I am satisfied with the transaction, how smooth the process was, and I’m excited to watch my employees grow their careers through expanded opportunities at an international company”. – George Squires, Founder, PWT

The combined Waterlogic USA operation will be able to deliver unparalleled service to the workplace hydration market, offering existing and potential customers the most comprehensive offering in POU water coolers, specialty sparkling water, and ice options. The acquisition represents a substantial milestone on Waterlogic’s path towards becoming a global leader in workplace water solutions. Waterlogic is committed to growth in North America, both organically and through acquisition.

“We continue to look to add to our North American footprint with acquisitions that fit our focus on quality customer service.  We expect 2018 to be a very exciting year of growth for Waterlogic, and the addition of PWT’s team members and customers is a tremendous start.” – Casey Taylor, CEO, Waterlogic Americas

Waterlogic was acquired in January 2015 by funds managed by Castik Capital, the European private equity investor. The acquisition of PWT is the 15th manifestation of the company’s buy and build strategy since the acquisition by Castik, following substantial acquisitions in the US, UK, Australia, Spain, France, Germany and Scandinavia.

M&A Contact:

Joshua Forcum
Waterlogic USA
(317) 225-5747

About Waterlogic:

Waterlogic is an innovative designer, manufacturer, distributor and operator of POU drinking water purification and dispensing systems designed for environments such as offices, factories, hospitals, hotels, schools, restaurants and other workplaces. Founded in 1992, Waterlogic was one of the first companies to introduce POU systems to customers, worldwide and has been in the forefront of the POU market, promoting product design and quality, the application of new technologies and world class sales and service. Waterlogic has its own subsidiaries in many markets and an extensive and expanding independent global distribution network in place, reaching over 50 countries around the world. Waterlogic products are currently being distributed in North and South America, Europe, Asia, Australia and South Africa. Waterlogic’s leading markets are the US, Australia and Western Europe, in particular the UK, Scandinavia, Germany and France.

"Alpega benefits from Castik’s strategy of buying and aggregating founder-led companies along with a longer, flexible holding period, allowing for greater value creation than most other Private Equity firms."

AlpegaCEO

"The last five years of partnership with Castik have been by far the most satisfying, exciting and rewarding period of Waterlogic’s 27 years in business. The long-term strategic thinking, willingness to invest in our vision and provision of outstanding human and financial resources has enabled the business to grow more than four-fold and become a global leader."

WaterlogicCEO

"Having the right partner has always been essential to our success. And we have been very fortunate to find the Castik team for their long-term financial support, their outstanding added value to our growth strategy as well as their personal and human qualities. And we are very happy to share our success with them as this is even more rewarding.

AcrotecCEO

"As founders, we chose to partner with Castik because of their proven long-term approach and entrepreneurial mindset."

AllDentCEO

“Castik has proven to be a very strong partner from the outset. They shared our vision for a transformational combination initially, were able to understand and make it happen quickly, and then provided us with a team of hands-on people that provided the support you need in a fast-paced integration program. With the merger of ipan Delegate Group and CPA, we are now entering the next and even bigger chapter in this exciting journey, and I look forward to continuing this journey together.”

CPA GlobalChairman

"Alpega benefits from Castik’s strategy of buying and aggregating founder-led companies along with a longer, flexible holding period, allowing for greater value creation than most other Private Equity firms."

AlpegaCEO

"The last five years of partnership with Castik have been by far the most satisfying, exciting and rewarding period of Waterlogic’s 27 years in business. The long-term strategic thinking, willingness to invest in our vision and provision of outstanding human and financial resources has enabled the business to grow more than four-fold and become a global leader."

WaterlogicCEO

"Having the right partner has always been essential to our success. And we have been very fortunate to find the Castik team for their long-term financial support, their outstanding added value to our growth strategy as well as their personal and human qualities. And we are very happy to share our success with them as this is even more rewarding.

AcrotecCEO

"As founders, we chose to partner with Castik because of their proven long-term approach and entrepreneurial mindset."

AllDentCEO

“Castik has proven to be a very strong partner from the outset. They shared our vision for a transformational combination initially, were able to understand and make it happen quickly, and then provided us with a team of hands-on people that provided the support you need in a fast-paced integration program. With the merger of ipan Delegate Group and CPA, we are now entering the next and even bigger chapter in this exciting journey, and I look forward to continuing this journey together.”

CPA GlobalChairman
Career

Join our experienced and dynamic team at Castik

We are constantly looking to hire outstanding candidates that share the same passion to work with great companies to help them grow and to achieve long-term, sustainable success.

If you are interested in joining Castik Capital's advisory team or our support and specialist's functions, do not hesitate to send your application. For jobs with Castik's portfolio companies we advise you to reach out to them directly.