# BCI acquires minority stake in Waterlogic from Castik Capital

British Columbia Investment Management Corporation (BCI) agreed to acquire a significant minority stake in Waterlogic from Castik Capital and management. The deal provides capital to support Waterlogic's growth in workplace hydration.

- Type: Acquisition
- Announced: 2020-02-12
- Status: announced
- Products: purified drinking water dispensers

## Companies

- [British Columbia Investment Management Corporation](https://endata.com/companies/2837.md) (acquirer)
- [Waterlogic](https://endata.com/companies/5882.md) (target)
- [Castik Capital](https://endata.com/companies/45210.md) (partner)

## Sources

- [marketpressrelease.com](https://www.marketpressrelease.com/Waterlogic-secures-long-term-investment-from-BCI-to-accelerate-growth-ambition-1581511629.html), 2020-02-12: "We are very excited by the many opportunities for accelerated development and growth this deal affords us, both organically and through acquisition."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.