Clearwater International has advised Waterland Private Equity (Waterland) on raising finance to support the acquisition of RUF | Betten GmbH (RUF | Betten) and Bruno Interior GmbH (BRUNO).
Founded in 1926 and based in Rastatt, Germany, RUF | Betten specialises in stationary furniture and stands for high individualisation, modern design, and premium quality. The company has a wide range of box spring and upholstered beds and entered the sofa bed market in 2021, while it currently employs around 200 people and produces over 30,000 premium beds per year.
BRUNO, based in Berlin, Germany, is a direct-to-consumer (D2C) company specialising in the online, direct distribution of designer box spring beds and sofa beds. Founded in 2014, BRUNO developed from a mattress start-up to an online sleep furniture brand in just a few years and has managed to establish a leading market position in the D2C bedroom furniture segment in Germany. BRUNO joined the RUF Group of companies in 2020.
Waterland is an independent private equity investment group that supports entrepreneurs in realising their growth ambitions. With substantial financial resources and industry expertise, Waterland enables its portfolio companies to achieve accelerated growth both organically and through acquisitions.
„As always, Clearwater International has been fully committed to achieving the most favourable result in this transaction. We appreciate this great support, especially with regards to the very tight timeline and looking forward to working together with the Clearwater team on future projects.“ – Dr. Carsten Rahlfs, Managing Partner, Waterland Private Equity
„It has been a pleasure to assist Waterland in this transaction once again. We are happy to have been able to arrange this financing.“ – Dr. Heinrich Kerstien, Managing Partner, Clearwater International