Waterland acquires Helgstrand Dressage

The deal marks Waterland's first investment in Denmark after opening its office in Copenhagen in August 2017.

Helgstrand's day-to-day management is unchanged. With the GP on board, it is looking to make targeted investments in the existing business, as well as driving new markets and finding acquisition opportunities in line with Waterland's strategy of accelerating growth organically and through acquisitions.

Company
Founded in 2008 and headquartered in Vodskov, Denmark, Helgstrand is an equestrian sports company with sales and training centres in Aalborg, Denmark, and the US. The company sources, develops, trains and sells dressage horses. The firm employs a staff of 70 with a presence in around 35 countries and recorded annual revenues of €50m last year.

People
Waterland Nordic – Kaspar Kristiansen (managing director).
Helgstrand Dressage – Andreas Helgstrand (founder, CEO).

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• Waterland Private Equity
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