trending Market Intelligence /marketintelligence/en/news-insights/trending/RdgNR_ppeh0UXRVHqYAe3w2 content esgSubNav
In This List

Waterland buys UK childcare-services provider Sandcastle Care

Video

S&P Capital IQ Pro | Powering Your Edge

Podcast

Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Blog

Banking Essentials Newsletter: September Edition


Waterland buys UK childcare-services provider Sandcastle Care

Waterland Pvt. Equity Investments BV paid an undisclosed amount to acquire residential childcare-services provider Sandcastle Care in an off-market transaction.

Sandcastle provides care across 18 sites in northwestern England.

The pan-European private equity house, which specializes in buy and build strategies, said the deal marks its eighth transaction since it launched a U.K. office in 2017. Barclays provided external financing.

For Waterland, Clearwater International was corporate-finance adviser, Addleshaw Goddard was legal adviser, Deloitte was financial due-diligence adviser, PwC was tax adviser, Candesic was commercial due-diligence adviser and GK Strategy was political due-diligence adviser.

CLB Coopers was corporate-finance and tax adviser to Sandcastle, with Shoosmiths serving as its legal adviser.