Waterlogic Gains More Minority Shareholders Such as Neuberger Berman, Skandia, and StepStone

Posted on 05/01/2020

Revealed on January 28, 2020, British Columbia Investment Management Corporation (BCI) has agreed to acquire a significant minority stake in Waterlogic from Funds managed by Castik Capital S.à r.l as well as the Waterlogic management team.

On April 29, 2020, the company attracted three minority shareholders: Neuberger Berman, mutual life insurance company Skanida, and the StepStone Group. Waterlogic has a direct presence in 17 countries including the U.K., U.S., Canada, Chile, Australia, and Western Europe, and a global distribution network reaching over 50 countries around the world.