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

Watermill Group Completes Sale of Cooper Turner Beck to Waterland Private Equity

On March 3, 2026, the Watermill Group announced the completion of the sale of Cooper Turner Beck (CTB) to Waterland Private Equity, a European investment firm specializing in the scaling of industrial companies. This transition marks a pivotal moment for CTB, a global leader in safety-critical fastening solutions across various demanding markets including energy, power generation, and construction.

A Strategic Acquisition Journey

CTB has witnessed substantial growth and profitability in recent quarters, achieving significant market share gains. Under the stewardship of the Watermill Group, CTB expanded its footprint from three to eight countries, operating a total of 21 locations worldwide, and doubling its workforce along the way. This strategic direction has positioned CTB as a leading supplier of safety-critical fastening systems for the energy sector, appealing to a broad range of buyers.

Anthony Brown, the CEO of Cooper Turner Beck, highlighted the company's commitment to serving the entire energy market through both organic growth and strategic acquisitions. "This approach has broadened our customer base, diversified our product portfolio, and enhanced our global presence. The increased profitability and growth we experienced is a testament to our dedicated team and their hard work," he stated.

Steven Karol, Managing Partner at Watermill Group, expressed pride in CTB's growth during its time under their portfolio. "From day one, this has been a true partnership with Anthony Brown and the entire team. Together, we crafted a vision, invested in the team, facilitated international expansion, and strengthened the company's long-standing commitment to quality. We look forward to witnessing CTB's continued success under its new partner, Waterland," said Karol.

Future Directions with Waterland

Waterland Private Equity aims to leverage CTB's exceptional market position and robust performance as it embarks on its next growth chapter. The transaction underscores Watermill’s long-term growth strategy and its extensive experience in transforming and scaling leading companies. The completion of this sale not only showcases Watermill's strategic growth capabilities but also reinforces CTB's status in the industrial landscape.

Baird provided advisory services on the sale, while Jasso Lopez and CMS offered legal services.

CTB has established itself as a critical player in providing safety components that ensure operational reliability and efficiency in high-demand sectors. With the investment from Waterland, the company is poised to enhance its product offerings and expand its reach, setting the stage for further innovation and excellence.

In conclusion, this sale represents more than a business transaction; it's a testament to the strategic foresight of Watermill and the tireless efforts of Cooper Turner Beck in establishing its footprint in the global market. As both firms move forward, stakeholders and customers alike can anticipate exciting new developments in the following years.

For more information about Watermill and its investment strategies, visit their official website: Watermill Group.