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July 17, 2024
Workdry announces strategic expansion into North America with the acquisition of Holland Pump Company

London, 17 July 2024 – Workdry International (“Workdry”), the parent company of engineered pump rental solutions and wastewater treatment asset rental providers Selwood, Siltbuster, and Vanderkamp, has announced a strategic expansion into the North American market through the acquisition of Holland Pump Company (“HPC”) a regional market-leading water handling and pump rental services provider in the United States.

The deal is backed by independent fund manager Arcus Infrastructure Partners (“Arcus”), through Arcus European Infrastructure Fund 3 (“AEIF3”) as Workdry’s majority shareholder. The acquisition will see Workdry immediately establish a market-leading presence in the East and Gulf Coast regions of the US, strengthening the combined group’s offering to the infrastructure, construction, municipal, and manufacturing sectors.

Workdry is acquiring the Florida-based business from a shareholder group led by XPV Water Partners. Since taking ownership in 2019, it has supported a series of strategic acquisitions to grow Holland Pump into one of the largest pure-play pump rental and service providers in the US, with over 1,000 pump assets, across 15 locations, and over 120 employees.

The company has a diversified and long-standing customer base, with its core end markets including municipal water infrastructure, core industrial segments, and broader transport infrastructure across its geographical footprint. HPC has a strong family and entrepreneurial heritage, with the founding family still active in the business, which aligns with Workdry’s history as a family business founded in the UK in 1946.

This move aligns with Workdry’s strategic expansion goals and follows its acquisition of the leading Dutch engineered pump rental solutions business, Vanderkamp Group, announced earlier this year. It establishes Workdry as a formidable player in engineered pump rental solutions on a global scale. Workdry plans to support the existing HPC management team, operating as the North American division of Workdry, in pursuing a high-growth strategy in its core markets, expanding through organic pump rental solutions growth, further M&A and leveraging its base of operations and Workdry’s expertise and asset solutions to introduce a modular wastewater treatment offering in the US market.

Holland Pump CEO, Tom Vossman, will continue to lead the US business, working closely alongside Workdry’s leadership team to integrate best practices and share expertise across the group. Tom, based in Texas, is an experienced leader in growing manufacturing, infrastructure and asset rental businesses who has delivered Holland Pump’s strategic plan over the past three years. He was appointed after XPV acquired Holland Pump from former owner and President, Win Blodgett.

Dan Lee, Group CEO of Workdry International, said: “Our acquisition of Holland Pump brings a well-established and respected business into our group, providing us with a strong entry point into North America which is the largest pump rental market in the world.

“I am delighted to welcome Tom and his team into the Workdry family. Our colleagues already know Holland Pump very well, having worked with them over many years to supply Selwood equipment to US customers. We know they share our vision and ambition and have a similarly strategic and acquisitive approach to growth, along with a passion for delivering outstanding solutions through exceptional people.

“Holland Pump brings huge value to the Workdry group, and we are looking forward to further adding to that value through continued investment, using our core business expertise, knowledge and capability to supercharge growth and success on both sides of the pond.”

Tom Vossman, CEO, Holland Pump, said: “We are excited to join the Workdry organisation. It’s clear we share a common vision for growth and expanding both our footprint and service offering looking into the future. I am very confident this will be a great combination of businesses to grow a global platform with the Workdry team.”

Jordan Cott, Partner at Arcus and Chair of Workdry, said: “Tom and his management team, together with the support of XPV and Win Blodgett, have built a hugely successful market leader in the US. We could not be more pleased that they have decided to partner with us to accelerate their growth trajectory through this next chapter.

“This acquisition continues Workdry’s impressive growth trajectory and opens new exciting opportunities in North America as Workdry continues to expand its mission-critical, rental-based solutions offering to support the maintenance, expansion, and delivery of sustainable water and wastewater infrastructure globally. We will be able to leverage our core rental proposition, including global market-leading engineering expertise and asset innovation, to significantly expand and strengthen HPC’s offering in the US and deepen its relationships with its valued long-standing customers.

“It fits perfectly within the Arcus value-add mid-market strategy of supporting market-leading businesses like Workdry on long-term value creation initiatives and builds on our successful track record of partnering with world-class entrepreneurs and family businesses.”

Sam Saintonge, Investment Partner with XPV Water Partners, said: “We are proud of the growth and success Holland Pump has had over the last several years. We are also thrilled to see the company and its team land with Workdry, an organisation with great support from Arcus that we have been very impressed with throughout the process.”

Selwood, Siltbuster and Vanderkamp currently deliver rental-based engineered solutions for water handling and wastewater treatment from 25 sites around the UK and Europe, with a fleet of over 6,000 pump assets and over 1,000 modular wastewater treatment assets.

Houlihan Lokey Inc. acted as financial advisor to Workdry. Catalyst Strategic Advisors LLC acted as exclusive financial adviser to Holland Pump.

For more information about Workdry see www.workdry.com

Ends

Notes to editors

WorkDry International delivers market-leading water handling and treatment solutions through its Selwood, Siltbuster and Vanderkamp businesses. www.workdry.com

Selwood has a head office and manufacturing facility in Hampshire, 21 pump rental solutions branches around the UK, and relationships with a global network of partners and distributors. www.selwood.co.uk

Siltbuster, based in Monmouth, Wales, operates across the UK as number one solutions provider for on-site water treatment, wastewater processing and the prevention of waterborne pollution. www.siltbuster.co.uk

Vanderkamp has a head office in Zwolle, The Netherlands, and delivers leading tailor-made temporary pumping solutions all over the world through state-of-the-art engineering.www.vdkamp.eu

Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and specialist co-investment vehicles and, through its subsidiaries, currently manages investments with an aggregate enterprise value of c. €23bn (as of 31 March 2024). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors. Further information on Arcus Infrastructure Partners can be found on www.arcusip.com

Holland Pump Company has been a leader in the manufacture, sale, distribution, rental and service of speciality pumps and dewatering solutions for over 40 years.

With a relentless focus on customer service and enabling its customers to complete their projects faster and with less hassle, Holland Pump has gained a reputation for its expertise in the United States.

From their headquarters in West Palm Beach, Holland Pump operates 15 branch operations across Florida, Louisiana, New York, Pennsylvania, Maryland, Texas and South Carolina.

For more information, visit www.hollandpump.com

XPV Water Partners is a team of experienced operators and investors who are committed to making a difference in water. The firm manages investment capital from some of the world’s top institutional investors, and partners with emerging water-related companies to help them rapidly expand and achieve their strategic goals.

XPV aims to generate strong, risk-adjusted returns for its investors by leveraging its trusted ecosystem, deep industry knowledge and its water centric company scaling platform.

XPV is committed to building partnerships that contribute to growing people, sustainable businesses, prosperous communities, and a better planet for everyone.

For more information, visit www.xpvwaterpartners.com

June 24, 2024
Arcus announces the sale of AEIF2’s interest in Constellation Cold Logistics

London, 24 June 2024 – Arcus Infrastructure Partners (“Arcus”) is pleased to announce that on 22 June 2024, Arcus European Infrastructure Fund 2 SCSp (“AEIF2” or the “Fund”) entered into definitive documentation for the sale of 100% of Constellation Cold Logistics (“Constellation” or the “Company”) to the EQT Infrastructure VI fund (“EQT”).

Constellation is the leading independent cold storage logistics business in Europe, with 26 large cold storage facilities across seven countries in Western Europe and the Nordics. The Group employs over 700 people and is expected to generate revenues of over €150 million in FY24.

Constellation provides temperature-controlled storage capacity and value-added services to a wide range of food producers, traders and retailers. Its sites are located either close to client production and processing hubs, near critical logistics routes, including several seaports, or in close proximity to major European consumption centres. Constellation provides cold storage capacity for a wide range of food product categories, from processed potato products to meat, fish and seafood, and serves a highly diversified and blue-chip customer base with deep, longstanding customer relationships.

Arcus first invested in Constellation in 2019, establishing the platform formally in early 2020, and since that time has supported Constellation through an active period of growth, including the build-out of an industry-leading management team, multiple strategic bolt-on acquisitions, customer-led expansions across four countries, many operational optimisation initiatives and broader institutionalisation of the group. This has been done with a focus on sustainability and in partnership with several original founders of businesses acquired by Constellation, who have been instrumental in ensuring that their strong legacy is embedded in the business for its continued long-term success.

Under Arcus ownership, Constellation has become a sector ESG champion, leading the decarbonisation of the cold storage supply chain in Europe. Constellation has invested significantly in energy efficiency and on-site renewable power generation in recent years, with c. 12% of its electricity consumption being provided by its rooftop solar plant. The Company also has an impressive ESG track record, having attained 93 points out of a possible 100 in the recent GRESB 2023 assessment.

Jordan Cott, Partner and Head of Logistics & Industrials at Arcus, commented: “We identified a highly attractive opportunity in 2019 to create a leading cold chain infrastructure business in this fragmented and growing market, and are incredibly pleased with what we have been able to achieve with Carlos and the team over the past five years. We are grateful to the founders of the original businesses that now form key pillars of Constellation today for their trust and partnership as we delivered on our strategic plan. From a two-site, single-country operation in 2019, Constellation has become a true European champion in the cold storage space, maintaining its deeply entrepreneurial and customer-centric culture while unlocking the benefits of an institutionalised, highly scalable corporate platform. It is a perfect example of execution in line with the Arcus investment strategy, focusing on identifying, building, professionalising and optimising mid-market European infrastructure businesses through the dedicated and continuous application of the Arcus value creation toolkit. We are confident that Constellation will continue on its exceptional growth trajectory through the next chapter of its evolution.”

Carlos Rodriguez, CEO of Constellation, said: “I joined Constellation because I shared Arcus’ vision of Constellation becoming the leading independent cold storage business in Europe. Important to this, I truly believe that while Constellation has grown so significantly over the past five years and we have institutionalised many of our levers for success, we have also managed to maintain a strong focus on our customers, organisational culture and local market knowledge. Arcus has been the ideal partner for this journey, providing its infrastructure expertise, insight and capital to scale and professionalise the business, while balancing that with our shared focus on core values and an entrepreneurial culture. I want to thank Jordan and the whole Arcus team for their commitment to our vision, and their support across so many value creation initiatives over the years. We have laid the foundations providing Constellation with a unique market position and opportunity and, in partnership with EQT, I have high conviction on our ability to capture continued outsized growth over the coming years.”

The transaction is subject to regulatory approvals and is expected to close in October 2024.

Arcus was advised by Macquarie Capital (M&A), Seven Lakes Partners (M&A), Kirkland & Ellis (Legal), DLA Piper (Legal), OC&C (Commercial), EY (Financial and Tax), CBRE (Technical), ERM (ESG) and AON (Insurance). 

About Arcus
Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and specialist co-investment vehicles and, through its subsidiaries, currently manages investments with an aggregate enterprise value of c. €23bn (as of 31 March 2024). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors. Further information on Arcus Infrastructure Partners can be found on www.arcusip.com.

June 20, 2024
Arcus makes investment into eze.network, the fifth investment for its third fund

Arcus makes investment into eze.network, the fifth investment for its third fund

London, 20 June 2024 – Arcus Infrastructure Partners (“Arcus”) is pleased to announce its investment in eze.network GmbH (“EZE”), a Munich-based independent charge point operator providing full-service charging infrastructure for electric cars in both large metropolitan regions and smaller communities across Germany.

The investment is the fifth for Arcus European Infrastructure Fund 3 SCSp (“AEIF3”) and the first in the Transport sector for the Fund. The AEIF3 portfolio is now well diversified across Arcus’ four target sectors: energy, digital, logistics and industrials, and transport.  

Established in 2019, EZE develops and operates charging infrastructure at publicly available “park and charge” locations and currently operates across several key metropolitan areas in Germany. EZE currently has charging infrastructure at c. 800 parking spaces, with a further substantial identified pipeline to be installed in the next 18 months. Additional expansion is planned for the future.

Arcus’ investment will enable EZE to deliver on its near-term network expansion plans and, working in partnership with EZE’s co-founders, realise its strategic vision to be a leading provider of EV charging infrastructure in the market. As part of the transaction, EZE’s existing shareholders will remain invested in the business, including DeepTech & Climate Fonds (“DTCF”), a German-based investment fund.

Michael Allen, Partner and Head of Transport at Arcus commented: “We have been exploring the EV charging sector for some time and identified EZE as a highly attractive player given its solid position in the fast-growing “park and charge” segment that is critical in supporting the decarbonisation of the transport industry.

EZE fits well into our portfolio thanks to its long-term contracts with local municipalities in several major metropolitan regions and strong track record. The business is already well established with a strong trajectory and we look forward to working with the EZE management team to continue its growth.”

Nancy Valentine-Urbschat, Co-Founder and MD of EZE, added: “The investment and long-term commitment from Arcus gives us the financial backing we need to expand across Germany and beyond, to become one of the leading players in public charging infrastructure.”

Michael Valentine-Urbschat, Co-Founder and MD of EZE, added: “We are glad to see that our commitment from day one to build a sustainable charging business is strongly recognised by Arcus. With the additional equity, we will focus on strengthening those unique business elements to differentiate us even further in the marketplace.”

Arcus was advised by Noerr (Legal), Strategy& (Commercial), PwC (Financial and Tax), DNV (Technical), A&M (Structuring) and Aon (Insurance).

EZE was advised by CBHH (M&A) and KXP (Legal).

About Arcus
Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and specialist co-investment vehicles and, through its subsidiaries, currently manages investments with an aggregate enterprise value of c. €23bn (as of 31 March 2024). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors. Further information on Arcus Infrastructure Partners can be found on www.arcusip.com.

About eze.network
eze.network GmbH (Munich) is a charging infrastructure investor and operator with a focus on public charging with 24/7 accessibility. The fast-growing company was founded in in 2019 and now has offices in Munich, Stuttgart, Frankfurt, Hamburg, Berlin and Cologne. Thanks to an innovative approach along the entire value chain, eze.network has already succeeded in establishing a sustainable business model. eze.network is now in a position to play a key role in shaping the expansion of the charging infrastructure in Germany. The company plans to expand its presence to all major metropolitan regions in Germany in order to make charging as easy and reliable as it should be for an ever-increasing number of e-car drivers i.e. “Charging made EZE”. The Founders Nancy & Michael Valentine-Urbschat want to make their contribution to the sustainable transformation of the mobility sector for future generations

March 18, 2024
Arcus exceeds fundraising target on third fund at c. €1.61bn

LONDON, United Kingdom (18 March 2024) – Arcus Infrastructure Partners (“Arcus”) is delighted to announce the final closing of its third fund, Arcus European Infrastructure Fund 3 SCSp (“AEIF3” or the “Fund”) at c. €1.61bn, exceeding its target size of €1.5bn.

We are extremely grateful to all our investors for supporting this fundraise and for the continued trust in our ability to source, acquire, and manage European mid-market infrastructure assets. 

AEIF3 has already made majority investments in four European mid-market infrastructure assets: Workdry, a water pump and wastewater treatment asset leasing business operating in the UK and the Netherlands; Officium, an energy efficiency business in Germany; Portus, a European data centre platform with current operations in Luxembourg, Hamburg and Munich; and Coolworld, a pan-European temperature-controlled asset leasing business.

All four businesses are underpinned by strong fundamentals, diverse end customers, inflation linkage, and strong long-term growth potential. The total invested to date across the four businesses is c. €680m, or c. 40% of committed capital.

The fundraising attracted commitments from high profile and sophisticated institutional investors in Europe, the UK, North America, the Middle East, and Asia, including a significant number of investors that have invested with Arcus since its inception.  

The first investment by AEIF3 was completed in September 2022, with the acquisition of Workdry International Ltd (“Workdry”), a market-leading lessor of water pump and wastewater treatment assets in the UK and the Netherlands. In December 2022, Arcus announced the second and third investments of AEIF3: SDC SpaceNet DataCenter (“SDC”), the first transaction for Portus Data Centers (“Portus”), Arcus’ DACH data centre strategy, and Officium Holding GmbH (“Officium”), an energy efficiency company, providing long-term leasing of submetering equipment in Germany.

As part of the Portus data centre aggregation strategy, in January 2023, Arcus announced the acquisition of EDH (in Luxembourg) and, in June 2023, announced the acquisition of IPHH (in Hamburg, Germany). In August 2023, AEIF3 acquired its fourth asset, Coolworld Investment B.V. (“Coolworld”), a leading European pureplay rental specialist of industrial temperature control equipment headquartered in the Netherlands, leasing mission-critical assets for a range of industrial and commercial applications.

Ian Harding, Managing Partner, said: “The closing of AEIF3 above target, and 30% above our last fund size, is testament to not only the hard work of the Arcus team, but the strength and consistency of the Arcus strategy. We’re very grateful to our investors for taking the time to understand our vision, and our patient and disciplined approach to investing in and managing infrastructure assets. The four assets currently in the portfolio are a demonstration of Arcus’ ability to bilaterally source sustainable businesses with strong infrastructure characteristics and long-term growth potential, and I look forward to further building up a robust and diversified portfolio following the success in this fundraise.” 

Stephan Grillmaier, Head of Investor Relations, added: “I am very proud to have reached this fundraising milestone for AEIF3 and believe that we have a strong partnership with the investors who are supporting us. The global network of investors is aligned with both the Arcus strategy and its focus on sustainability, which enables us to not only make further acquisitions, but also execute on key growth and value-creating initiatives. We thank our investors once again for partnering with us and are proud of what we have achieved with this fundraising.” 

Founded in 2009, Arcus currently manages 16 assets with an aggregate equity value in excess of €7.6bn (as of 31 December 2023) through funds and separate managed accounts. 

Arcus’s previous fund, Arcus European Infrastructure Fund 2 SCSp (“AEIF2”) closed at €1.22bn in 2020 and currently manages eight infrastructure assets, with a ninth, E-fiber having been realised in 2022. Its first fund, Arcus European Infrastructure Fund 1 (“AEIF1”) was fully realised in 2020 and contained six infrastructure assets.

Campbell Lutyens acted as fundraising placement agent for Arcus. Clifford Chance acted as the legal and regulatory counsel. PwC acted as the tax adviser for the fundraising. 

Arcus media contacts:

Harriet Saywell-Lee 

E: harriet.saywell-lee@arcusip.com

T: +44 7442 154256

About Arcus

Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and specialist co-investment vehicles and, through its subsidiaries, currently manages investments with an aggregate enterprise value of c. €22bn (as of 31 December 2023). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors. Further information on Arcus Infrastructure Partners can be found on www.arcusip.com.

March 14, 2024
Arcus acquires Thermomess, almost doubling the Officium sub-metering portfolio

LONDON, United Kingdom (14 March 2024) – Arcus Infrastructure Partners (“Arcus”) is pleased to announce the acquisition of Thermomess Wärmemessdienst AG (“Thermomess”), by its portfolio company, Officium GmbH (“Officium”). 

This acquisition takes Officium’s portfolio to almost 3m devices and over half a million homes served across 14 subsidiaries, making it the sixth largest provider of metering and energy services in Germany, and almost doubles its sub-metering portfolio.

Established in Wasserburg near Munich in 1964 by Hans Busch, Thermomess, is a family-owned business has developed into an innovative, leading company in the heating servicer sector, catering for more than 220,000 individual apartments throughout Germany.

The German submetering market is the largest in Europe, driven by national laws introduced in the 1970s. It is an attractive market, demonstrating stable growth, sticky customer relationships, countercyclical demand, and the ability for submetering businesses to implement above inflation price increases. 

Stefano Brugnolo, Partner at Arcus and board member of Officium, said: “It is a privilege for Officium to become the partner of choice for Thermomess, a business with a 60-year history and such a strong reputation in the market. This new partnership sets a key milestone in the creation of a leading platform to support the decarbonisation of the German real estate market.”

Officium’s Managing Director, Stephan Kiermeyer, added: “We are delighted to welcome Thermomess onboard. The acquisition continues to expand our presence across Germany, especially in Bavaria, Baden-Wurttemberg, and expand the Officium platform to over 530,000 homes and around 2.7 million measuring devices. Our regional structure makes us an ideal partner for our customers across Germany. Additionally, in tandem with our affiliate EINHUNDERT, we can now offer not only the classic submetering service but also photovoltaic systems, tenant energy, competitive metering point operation and much more.”

Michael Busch, Chairman of the Supervisory Board of Thermomess, said: “Our decentralised local structure allows us to remain in close contact to our customers providing individual care and a tailored approach to their needs. By joining the Officium family, we will be able to create even more added value for our customers expanding our offering and reach.”

Mr Busch manages the company along with board members Stephan and Max Busch.

Arcus media contact:

Harriet Saywell-Lee

E: harriet.saywell-lee@arcusip.com

T: +44 7442 154256

About Arcus

Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and specialist co-investment vehicles and, through its subsidiaries, currently manages investments with an aggregate enterprise value of c. €22bn (as of 31 December 2023). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors. Further information on Arcus Infrastructure Partners can be found on www.arcusip.com.

About Officium

Officium GmbH is one of the leading, independent metering and energy service providers for the consumption-based recording and billing of water and heat for the housing sector. The portfolio company Officium is mainly active in Berlin, Brandenburg, North Rhine-Westphalia (e.g. Düsseldorf and Duisburg), Lower Saxony, Mecklenburg-Western Pomerania, Saxony-Anhalt (Dessau-Roßlau) and Saxony (Dresden and Chemnitz) and also includes Thuringia and Bavaria (Upper and Lower Franconia and Munich). Customers are primarily small and medium-sized property management companies and private landlords. More than one million measuring units are now catered for. The parent company, Officium, has 14 measuring service providers www.officium.gmbh

February 8, 2024
Arcus announces strategic expansion of Workdry International with the acquisition of Vanderkamp Pompen

The acquisition expands Workdry’s pump rental solutions footprint into Europe and significantly bolsters its technical solutions capabilities 

London, United Kingdom, 8 February 2024 – Workdry International (Workdry) has acquired Netherlands-based temporary pumping solutions specialist Vanderkamp Group (Vanderkamp), partnering with Rick van der Kamp and his team to grow internationally and strengthen the combined group’s offering of rental solutions for the handling and treatment of water and wastewater.

The acquisition, backed by independent fund manager Arcus Infrastructure Partners (Arcus) as Workdry’s majority shareholder, will see Workdry immediately establishing a market-leading presence in pump rental solutions in the Netherlands and north-west Europe more broadly, while joining up with the world-class technical team at Vanderkamp to improve its engineered solutions offering across the entire business.

Vanderkamp’s operations in the Netherlands, including Vanderkamp Pompen and Vanderkamp Service, will continue under the name Vanderkamp – The Dutch Water Engineers, operating as the international pump rental solutions division of Workdry. The UK-based Vanderkamp activities will be gradually integrated into Workdry’s existing UK operations, including its market-leading Selwood pump rental solutions business.

Rick van der Kamp, currently CEO at Vanderkamp, will continue to lead the Vanderkamp business while also taking a senior management role within the Workdry group to promote technical excellence, build on his long history of water management innovation and drive international business development.

Richard Brown, CEO, Workdry International, said: “We have long been admirers of Vanderkamp, whose focus on technical excellence and outstanding service reflects our own values as a leader in engineered pumping solutions. Bringing Vanderkamp into the Workdry group increases our presence in Europe in line with our strategic growth ambitions, and enables us to provide both Selwood and Vanderkamp customers with access to an extended fleet, a comprehensive branch network and a growing team of pump rental solutions experts. I am delighted to welcome Rick and the team at Vanderkamp into the Workdry family.”

Rick van der Kamp said: “We are proud to join the Workdry family which will accelerate our global ambitions as The Dutch Water Engineers. With additional resources, Vanderkamp will continue to excel in what we do best – conceptualising and delivering cutting-edge solutions.

“As part of Workdry, we aim to expand our knowledge and technology, surpassing customer expectations. Equally important is providing certainty and stability to all stakeholders – employees, customers, and suppliers. This strengthens our leading position in the market of temporary pump solutions, retaining our down to earth, Dutch approach to solving complex problems with our typical Vanderkamp DNA.”

Jordan Cott, Partner at Arcus and Chair of Workdry, said: “We have a tremendous amount of respect for Rick and the business he has built over the past few decades, and are very pleased that he has decided to partner with us for this next chapter.

“This acquisition will serve as a stepping stone onto an exciting new growth trajectory for Workdry, providing a strong base for expansion into Europe and deepening the group’s core value proposition in engineered pump rental solutions. This acquisition fits perfectly within the Arcus value-add mid-market strategy of supporting market leading businesses on long-term value creation initiatives and builds on our successful track record of partnering with world-class entrepreneurs and family businesses.”

Arcus Media Contacts:

Harriet Saywell-Lee

E: harriet.saywell-lee@arcusip.com  

T: +44 7442 154256

About Arcus

Arcus Infrastructure Partners LLP is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and special co-investment vehicles and, through its subsidiaries, currently manages investments with an aggregate enterprise value in excess of EUR 21bn (as of 31 December 2023). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors.

www.arcusip.com

Workdry International delivers market-leading water handling and treatment solutions through its Selwood and Siltbuster businesses. www.workdry.com 

Selwood has a head office and manufacturing facility in Hampshire, 21 pump rental solutions branches around the UK, and relationships with a global network of partners and distributors. www.selwood.co.uk 

Siltbuster, based in Monmouth, Wales, operates across the UK as number one solutions provider for on-site water treatment, wastewater processing and the prevention of waterborne pollution. www.siltbuster.co.uk 

Vanderkamp has a head office in Zwolle, The Netherlands, and realises leading tailor-made temporary pumping solutions all over the world through state-of-the-art engineering. www.vdkamp.eu 

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Date joined

June 2022

Office

London

English

Polish

French

Afrikaans

Karol joined Arcus in June 2022 as a Senior Investment Executive. Prior to joining Arcus, Karol worked in the digital infrastructure origination team at Amber Infrastructure and in the infrastructure principal investments team at Macquarie Capital. Karol is a member of the Digital Origination Team. His infrastructure experience to date has been primarily focused on infrastructure origination.

Karol holds a BA in Accounting and Finance from University of Manchester.

Management roles

  • Head of Energy Sector Team
  • Investment Committee Member