European private equity firm Bridgepoint has acquired Evac, the Finnish-based manufacturer of marine toilets and waste management products.

The Espoo-based company is currently owned by Pan-European private equity firm IK Investment Partners, which acquired it from Oaktree in 2014.

Evac is said to have achieved strong growth under IK Investment Partners, with turnover increasing by 55% and, in 2016, exceeding EUR 100m ($117.8m)