Waterman Capital

Established in 2004, Waterman Capital is a prominent New Zealand private equity firm with a 20-year track record of investing in and adding value to mid-market private businesses. The firm focuses on companies valued between $50 million and $150 million, aiming to support their growth and development. Waterman Capital's experienced team collaborates closely with management teams and stakeholders to drive value creation.

The firm's investment strategy encompasses a range of stages, including expansion, management buyouts (MBO), succession planning, and replacement capital. Waterman Capital has a diverse portfolio spanning multiple industries, such as healthcare, technology, education, retail, logistics, property management, food and beverage, clinical research, media, financial services, pharmaceuticals, biotechnology, consumer goods, industrial equipment, and software. This broad sector focus reflects the firm's adaptability and expertise in various market segments.

Waterman Capital's approach is characterized by active involvement in portfolio companies, often taking board seats to provide strategic and financial guidance. The firm has a history of successful investments, including notable deals like the acquisition of a 22% stake in Healthcare Holdings (Mercy Ascot Group) in 2011. The firm's commitment to fostering growth and innovation has been recognized with awards such as the NZVCA 2015 Deal of the Year Award for its investment in Manuka Health, which saw revenue growth from $17 million in 2012 to approximately $70 million in the current year. This recognition underscores Waterman Capital's effective investment strategies and its role in enhancing the New Zealand economy.

Waterman Capital's investment philosophy centers on working collaboratively with management teams and stakeholders to achieve mutual success. The firm's active involvement and strategic guidance have contributed to the growth and success of its portfolio companies, solidifying its reputation as a leading private equity firm in New Zealand.