#USA #Boston #Watermill Group #Cooper Turner Beck #Waterland Private Equity

Strategic Sale of Cooper Turner Beck to Waterland Private Equity

On March 2, 2026, the Watermill Group, a private investment firm known for its strategic focus, announced the completion of the sale of Cooper Turner Beck (CTB) to Waterland Private Equity, a European investment firm specializing in expanding industrial businesses. This transaction marks a significant milestone for CTB, a provider known for its critical fastening solutions used in safety applications across the energy, power generation, and construction sectors.

CTB’s Rapid Growth Under Watermill Group

Under Watermill Group's stewardship, CTB has achieved remarkable growth, evident in its transformation from operating in three countries to now spanning eight, with a total of 21 locations worldwide. The company has more than doubled its workforce and established itself as a global leader in critical safety fastening systems within the energy market. The strategic market focus, coupled with significant organic development and acquisitions, has not only amplified CTB's client base but also diversified its product offerings, ultimately enhancing its global footprint.

Anthony Brown, CEO of Cooper Turner Beck, noted, "With Watermill Group, we have concentrated our strategy on total energy markets through both organic developments and acquisitions. This approach has expanded our customer base and product portfolio significantly."

A Bright Future Ahead

The sale to Waterland Private Equity comes at a time when CTB's leadership and expertise in the energy market have attracted considerable interest from a solid group of buyers. Steven Karol, Managing Partner at Watermill Group, expressed pride in CTB's growth trajectory since joining their portfolio, emphasizing a true partnership that has been instrumental in defining a shared vision, investing in talent, supporting international expansion, and maintaining an unwavering commitment to quality.

Karol stated, "We eagerly look forward to witnessing CTB’s continued success with its new partners at Waterland."

This sale reinforces Watermill Group’s long-term growth strategy and highlights its 40-plus years of experience in transforming and advancing market-leading companies.

About Watermill Group

Watermill Group is a strategy-focused private investment firm committed to helping businesses reach their full potential through strategic transformations. For over four decades, Watermill has acquired, operated, and improved companies in various industries. The firm seeks opportunities where it can apply its unique blend of strategic vision and management expertise to reimagine a company's future and drive sustained growth. For further details, visit www.watermill.com.