Zicht Consultants acquired by Waterland

Supported by a bespoke unitranche debt facility provided by Colesco Capital, Waterland Private Equity has finalized a definitive strategic partnership to acquire a stake in ZICHT Consultants. Officially announced in November 2025 from Amsterdam, this corporate transaction allocates fresh institutional capital to fuel the next phase of corporate expansion for the advisory firm. The financial architecture of this private equity transaction is explicitly designed to accelerate the execution of a comprehensive growth roadmap, focusing on targeted investments in human capital, specialized knowledge expansion, and the rollout of new commercial propositions. Crucially, the capitalization structure provides the necessary financial reserves to actively pursue a targeted buy-and-build strategy, enabling the newly backed entity to explore strategic bolt-on acquisitions that align with its overarching market ambitions. Under the negotiated terms of the partnership agreement, the target will continue to operate completely independently, maintaining its existing operational autonomy, internal culture, and executive direction without structural interference from the incoming financial sponsor. This governance model ensures strict continuity in client service while simultaneously providing the internal workforce with enhanced developmental pathways and participation in future external growth initiatives. The debt syndication process was managed by Jacco Rolvink, Co-Head of Origination at the direct lending platform, who structured the financing package to perfectly align with the shared environmental and strategic objectives of the involved parties. By securing this customized credit framework, the equity sponsor ensures a flexible capital structure capable of supporting aggressive regional expansion while avoiding immediate dilution. The integration of this institutional backing fundamentally transitions the firm into a highly capitalized platform, ready to consolidate fragmented segments of its sector. All participating stakeholders have publicly emphasized a strong alignment of core values, prioritizing long-term sustainable impact over short-term financial engineering. Precise equity splits and the exact quantum of the deployed unitranche facility remain strictly confidential between the transacting entities.

The acquisition of Zicht Consultants is part of the growth strategy of Waterland, which already has several external growth operations under its belt, notably Lavollée Group in 2025.