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

Watermill Group Sells Cooper Turner Beck to Waterland Private Equity

The Watermill Group, a private investment firm focused on strategic growth, has successfully completed the sale of Cooper Turner Beck (CTB), a leading provider of safety-critical fastening solutions, to Waterland Private Equity, an investment entity that specializes in scaling industrial companies.

Key Achievements of CTB

Recently, CTB has achieved impressive gains in market share and profitability. Established as a premier global supplier, CTB offers essential fastening solutions to critical industries such as energy, power generation, and construction. The company designs, manufactures, and distributes high-quality fastening products relied upon by top global customers needing dependable solutions for demanding environments.

Under Watermill's leadership, CTB underwent significant transformations—including the expansion of its operational footprint from three to eight countries, establishing 21 locations worldwide, and doubling its workforce. This robust growth trajectory allowed CTB to ascend to a leadership position in offering safety-critical fastening systems in the energy sector.

CEO Anthony Brown stated, "Together with Watermill Group, we concentrated on addressing the entire energy market through organic developments and acquisitions. This strategy has expanded our customer base, product portfolio, and global presence. Our broader market approach, fueled by our dedicated employees, has significantly enhanced our profitability and growth."

As a profitable and globally recognized enterprise, CTB attracted interest from a diverse pool of buyers due to its exceptional performance and leadership in energy markets. Under Waterland's guidance, the company is now positioned for its next growth chapter.

Steven Karol, Managing Partner at Watermill Group, expressed pride in CTB’s growth during its partnership with Watermill. "From day one, our relationship with Anthony Brown and the CTB team was a genuine collaboration. We shaped a shared vision, invested in the team, supported international expansion, and reinforced the company's long-standing commitment to quality. We look forward to witnessing CTB’s continued success with Waterland."

Transaction Details

Baird served as the financial advisor for the sale, while Jasso Lopez and CMS provided legal services on the sell-side.

This transaction showcases Watermill's ongoing commitment to executing its long-term growth strategy, further building on its 40-year legacy of transforming and scaling market-leading companies.

About Watermill Group

Founded four decades ago, Watermill Group is a strategy-focused private investment firm dedicated to unlocking the full potential of companies through strategic changes. Watermill seeks opportunities where it can combine its unique strategic insight with management expertise to reshape the future and promote growth in the businesses it acquires. For more information, visit www.watermill.com.



This successful transaction marks a pivotal step in establishing both Waterland and CTB within the dynamic industrial sectors, as they aim to continue this growth momentum into the future.