WARSAW, Poland - CodiLime accelerates its growth through the investment and support of Waterland - the world’s leading private equity investment group.
Waterland has strong experience in the IT industry and has already helped many of the top-tier companies reach new heights. CodiLime will become a platform that will continue its organic growth and explore a “buy-and-build” strategy. CodiLime will continue their focus on the network and telecommunication sectors.
“Waterland’s investment will boost our path forward, help us to go even deeper in our core areas - Networks, Environment, Equipment, Data and Security (NEEDS). This in turn will be beneficial for our employees and customers. I would like to say thank you to the whole team and our customers. We are very happy to take this step, we are laser-focused on what comes next.” - says Marek Niedźwiedź - CEO of CodiLime.
"We are impressed by CodiLime's performance – its specific competences and operational agility, as well the scale of projects conducted for global companies. We want to enable the company and its engineers to develop their know-how and strengthen their customer relationships. At the same time, we intend to support CodiLime in its further development through a buy-and-build strategy in which we will invite companies with complementary competences and strong customer relationships to join the group. Our common ambition is to build an international IT group specializing in the network area,” states Tomasz Karpinski, Director of Waterland's Warsaw office.
About CodiLime
Since 2011, CodiLime has been a strategic engineering partner for technology-driven companies. The company’s client portfolio includes Cisco, Palo Alto Networks, Equinix, Nutanix, Juniper Networks, and more. CodiLime focuses on providing services in five areas: Networks, Environment, Equipment, Data and Security (NEEDS). The company has created a space for top software, network and data engineering talents skilled in technologies that provide a real impact for their partners. They build custom solutions that combine business domain expertise with mastery of horizontal technology knowledge.
About Waterland
Waterland is a private equity investment group, based in the Netherlands, specializing in “buy-and-build” growth strategies on an international scale. Waterland focuses on long-lasting partnerships, adding their experience to a company and enriching its strategies. Since 1999 they’ve invested in more than 1,000 companies in 100 industries and manage assets of 14 billion euros.
