We have advised Waterland Private Equity (Waterland) on raising debt facilities to support its investment in Black & White Engineering (Black & White), an award-winning mechanical, electrical, and plumbing (MEP) design and consultancy service, with an expanding global presence at the forefront of the growing data centre market.
Established in 2014, Black & White has emerged as a premier, engineering design consultancy to top-tier data centre operators throughout Europe, the Middle East, and Asia. Black & White specialises in providing cutting-edge, high-quality engineering solutions that are both efficient and cost-effective. With years of industry experience, the company has built a profound understanding of the engineering landscape and remains consistently up to date with the latest trends and technologies.
The business today employs over 500 people and works with 110 clients across 23 countries. Waterland’s investment represents an exciting opportunity to further enhance Black & White’s already impressive track record and bolster its global expansion ambitions. With Waterland as a strategic partner, Black & White aims to broaden support for customers across both new geographies and by widening its engineering offering with new specialisms. This will be delivered by organically broadening its footprint into new territories and pursuing strategic acquisitions across Europe, Asia, Australia, and Africa.
Mick Cairns, CEO and Founder of Black & White, will remain integral to the business and will continue as CEO, alongside the Black & White leadership team. A cornerstone of Black & White’s success lies in the culture that Mick and the leadership team have fostered within the business and the calibre of talent this has attracted.
Our Debt Advisory team raised debt facilities from Eurazeo to support Waterland’s investment.