The European private equity firm Waterland is entering into a strategic partnership with BODE, a leading global provider of door and access systems for public transport.
Waterland acquires BODE from Schaltbau Group, which is majority-owned by Carlyle.
Together with the management team, Waterland will support BODE in the next phase of its development, with a focus on boosting growth, innovation and international expansion as well as further strengthening customer service capabilities. Public transport is a structurally growing market, driven by urbanisation, sustainability targets and continued investment in rail infrastructure globally.
Hengeler Mueller advised Waterland comprehensively on the transaction.
Hengeler Mueller team for Waterland Private Equity
Corporate/M&A: Daniel Wiegand, Elisabeth Kreuzer (both partner, both lead, both Munich), Georg Tauser (senior associate, Frankfurt), Maximilian Schulze (associate, Munich),
Financing: Henning Hilke (partner), Simon Tänzer (senior associate, both Frankfurt),
Public Law: Prof. Dirk Uwer (partner), Barbara Boytinck, Nükhet Tanrikulu (both senior associate, all Düsseldorf),
Employment: Hendrik Bockenheimer (partner), Musa Müjdeci (senior associate, both Frankfurt),
Tax: Gunther Wagner (partner, Munich), Maximilian Maucher (senior associate, Frankfurt),
IP/IT: Matthias Rothkopf (partner, Düsseldorf), Patrick M. Schmidt (senior associate, Frankfurt),
Antitrust: Christoph Wilken (partner, Brussels), Wanja Leo Guenther (senior associate, Düsseldorf).