Waterland completed the investment in Celestia.

Waterland Private Equity, a private equity firm, completed the investment in Celestia, a group of high-tech space technology companies across Europe. Financial terms were not disclosed. “When celebrating our 25th anniversary, I faced the decision to keep the growth at the same pace, as usual, or alternatively try to become a much larger and stronger player. In companies with key strategic R&D developments, ambitious M&A agenda and robust organic growth, capital is always in short supply to run faster. The possibility to join forces with Waterland, with its buy & build track record, give us the chance to achieve our audacious goal of €500m turnover before the end of this decade,” Jose Alonso, Celestia Owner.