Waterland Private Equity completed the acquisition of a majority stake in Groupe Hélios from Petithuguenin Family.

Waterland Private Equity, a private equity firm, completed the acquisition of a majority stake in Groupe Hélios, a Canadian company that specializes in infrastructure management, from Petithuguenin Family. Financial terms were not disclosed. “We are delighted to begin this new partnership alongside Jean-Luc Petithuguenin’s family and the Hélios management team. Waterland has been following the road safety services market for several years because of its strong fundamentals: high levels of recurring revenue, clear growth drivers from mobility and infrastructure investment, and significant fragmentation across Europe. Hélios represents the ideal consolidation platform to bring together high-potential companies in the sector, both in France and internationally,” Louis Huetz, Waterland Partner.