Waterland-backed netgo completed the acquisition of MEHRWERK.

Waterland-backed netgo, a computer consultant, completed the acquisition of MEHRWERK, a software company in Karlsruhe, Germany. Financial terms were not disclosed. "For netgo, this transaction is the second company within a very short time after our entry as a growth investor. This shows that the buy-and-build strategy with companies whose service portfolio complements netgo’s is paying off. We will continue to pursue a growth path with netgo," Carsten Rahlfs, Waterland Managing Partner.