Verdane And Scott Capital Partners Invest In Bluewater Bio And Aquavest To Grow Their Leading Water Reuse Solutions

Verdane, the specialist growth equity investment firm, announced today that it and Scott Capital Partners have partnered with and made a significant majority investment in Bluewater Bio, a UK-based technology company focused on sustainable solutions for water reuse, via Aquavest, a global water technology platform.

Bluewater Bio provides proprietary technology solutions that enable more efficient and sustainable water reuse operations. Its technology has so far made more than 1.8 billion tonnes of treated wastewater available for reuse, providing recycled water for irrigation, clean water for rivers and completing the water cycle in a sustainable way.

Having been founded in 2007, the existing management team arrived in 2015 and restructured the company that has since delivered exceptional growth.

Bluewater Bio works with clients across multiple geographies, helping them improve efficiency and performance of their water infrastructures, while improving the environmental impact. Its solutions utilise less energy, less land and fewer chemicals than competing technologies.

Verdane, Scott Capital Partners and Aquavest will partner with Bluewater Bio’s management team to support the company’s next phase of development, broadening global access to its technology and overall offering. The partnership will focus on accelerating growth across existing markets as well as international opportunities, building on Bluewater Bio’s strong commercial capabilities, while preserving the company’s long-term approach to sustainability.

Richard Haddon, CEO of Bluewater Bio, said: “Verdane’s experience of partnering with sustainability-focused, science-based businesses makes them an excellent partner for Bluewater Bio along with Aquavest’s specialism and operational expertise. This investment provides the resources and strategic support needed to expand our reach and deepen our impact, while staying true to our mission of enabling more sustainable water reuse worldwide and keeping true to our values of customer care and providing high quality solutions.”

Duncan White, Managing Director of Aquavest, said: “With the combined support of Verdane and Scott Capital Partners we’ve been able to move decisively on our strategy to build a multinational water and wastewater treatment technology platform. The acquisition of Bluewater Bio is an exciting first milestone and a testament to what this partnership can deliver as we pursue additional acquisitions and accelerate our growth and impact.”

Erik Osmundsen, Partner at Verdane, said: “Bluewater Bio combines strong technological insight with commercially proven solutions that deliver sustainable benefits. We look forward to working with Richard and the wider team along with Aquavest to support the next stage of growth and to help scale the business across further international markets.”

David Scott, Founder and Managing Partner of Scott Capital Partners, said: “We are delighted to be partnering with Verdane to create Aquavest Technologies. We look forward to continuing to work with both the Verdane and Bluewater Bio teams to support the next stage of growth at Bluewater Bio and to identify complimentary acquisition targets to build a multinational wastewater treatment technology platform. We are excited to be working with these partners in a critical and high growth sector for the benefit of our clients and from a sustainable perspective”

Salica Investments, the former majority owner of Bluewater Bio, realised its investment in the business as part of this transaction.

Tom Bradley, Managing Partner at Salica Investments, said: “We want to offer our congratulations to the management team at Bluewater Bio who have done an outstanding job in building a market leader in the water technology space. We are proud of our association with another UK technology leader and pleased to add substantially to the significant returns already generated for Salica Limited Partners.”

About Bluewater Bio
Bluewater Bio is an award-winning solutions provider with proprietary technologies which are cost-efficient and environmentally friendly for water and wastewater treatment, using less energy, land and fewer chemicals than competing technologies.

Throughout the world, Bluewater Bio’s leading technologies are utilised to treat and reuse water so that the communities they serve are enriched.

The approach to market is through partnerships with clients and suppliers, ensuring reliable and high-quality outcomes that exceed all expectations.

Bluewater Bio aims to be the natural choice for cost effective and environmentally friendly solutions throughout the global water industry.

About Aquavest
Aquavest is a specialist platform focused on acquiring and scaling businesses with products that address global water and wastewater challenges under a decentralised, holding company structure. Supported by Verdane and Scott Capital Partners, Aquavest brings together long-term capital, operational expertise and sector-focused ambition to build a leading group in sustainable water and wastewater treatment. By combining the entrepreneurial autonomy and agility of its acquired businesses with strategic guidance and investment, Aquavest partners with the management teams of businesses with technologies that can deliver meaningful impact for municipalities, industry and communities worldwide.

About Verdane
Verdane is a specialist growth buyout investment firm that partners with tech-enabled and sustainable businesses that help to digitalise and decarbonise the European economy. The flexible mandates of Verdane funds allow it to invest as a majority or minority control investor, replacement or growth capital, in single companies or in portfolios of companies.

Verdane has raised €9B in capital and its funds have made more than 200 investments in fast-growing businesses since 2003. Verdane’s team of over 150 investment professionals and operating experts is based out of Berlin, Copenhagen, London, Helsinki, Munich, Oslo and Stockholm and combines deep sector expertise with long-standing local networks and presence in core European markets.

Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy.

Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities.

About Scott Capital Partners
Scott Capital Partners is an independent multi-family office that sits alongside your family, helping you establish a clear sense of purpose and strategic plan for your wealth. Scott Capital Partners – Private Client Investment Management, For more information, visit https://scottcp.com/

About Salica Investments
Salica manages a unique set of private market funds investing in equity and debt across multiple sectors and stages, predominantly across the UK.

Salica fuses traditional values with a contemporary approach and balances exacting processes with the agility to capture commercial opportunity and compelling investment returns. Our continuous search for new opportunities has led us to create a balanced collection of complementary funds and relationships.

For more informaton, visit https://salicainvestments.com/.