Munich / Dormagen, 18 July 2025 – European investment firm Waterland Private Equity has sold its majority stake in debt collection services provider coeo to doValue, the Italian credit management specialist. During the partnership of coeo and its founder Tom Haverkamp with Waterland, the company evolved from a German provider into a European industry leader. The successful sale to a strategic buyer enables coeo to continue its expansion strategy and to integrate its market-leading expertise in AI development and application into a larger corporate group.