Waterman Humanos Del Agua

What Waterman Humanos Del Agua does

Waterman Humanos Del Agua (legally Humanos del Agua, S.A., founded 2007) is a Panama-headquartered passive fire protection engineering firm operating across Central America, South America, and the Caribbean. The company delivers the full lifecycle of passive fire barrier services through its proprietary DIIM protocol (Design, Installation, Inspection, Maintenance), covering strategic consultancy, detail engineering, certified material supply, qualified installation, third-party inspection, ongoing maintenance, and specialized training. Its technology is built on internationally certified intumescent, endothermic, and ablative materials applied to compartmentalization, penetration sealing, expansion joints, and curtain wall systems, with installations rated up to two hours of fire resistance under UL, FM Global, and Intertek listed systems.

The business model combines two revenue streams: professional engineering and technical services delivered on a quote-based, project-by-project basis, and authorized distribution of certified materials from global brands including 3M Fire Barrier, Roxtec modular seals, Metacaulk, Everkem, ROCKWOOL, and ISOLATEK International. Pricing is project-specific (no published tiers), engagements are typically multi-year, and the go-to-market is consultative and engineering-driven via direct enterprise field sales, industry seminars, training events, and regulatory engagement with the Panama Fire Department (DINASEPI). Customer logos include GE, Enel, AES, Metro de Panamá, MECO, Acciona, GoldWind, major Panamanian hospitals, Tocumen International Airport, and luxury hotels in the Casco Viejo district.

Regulatory access underwrites the franchise: Waterman holds a DINASEPI license, JTIA professional idoneidad, and MICI government homologation, which collectively authorize the firm to legally install and certify fire barriers in Panama. The company is privately held, founder/management-owned, with no disclosed external investors, no subsidiaries, no M&A activity, and no public listing. Customer concentration is project-based and enterprise-oriented, with logos spread across healthcare, energy, transportation, hospitality, and construction verticals.

Name

Waterman Humanos Del Agua

Legal name

Humanos del Agua, S.A.

Website

https://waterman.lat

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Waterman Humanos Del Agua is a Panama-based passive fire protection engineering firm that designs, supplies, installs, certifies, and maintains UL-listed fire barrier systems for enterprise infrastructure across Central America, South America, and the Caribbean under its DIIM protocol.

Ownership category

akta.pro rank

Product category

Fire Protection Engineering Services

NAICS

Environmental Consulting Services (541620)

SIC

Auto Controls For Regulating Residential & Comml Environments (3822)

akta.pro primary industry

Fire Extinguishers & Suppression Equipment Services (Inspection/Recharge/Hydrotest) (BPABAHAC)

akta.pro secondary industries

Special Hazard Fire Suppression Systems (Clean Agent/Foam/CO2/Kitchen Hood) (IMAIAJAE), Fire Protection & Life Safety Systems (Firewater, Suppression, Detection, Alarm) (EUAEAFAG)

Keywords

• Passive fire protection
• Firestop engineering services
• Fire barrier systems
• Compartmentalization design
• Fire safety consulting

Headquarters

HQ city

Panama City

HQ country

Panama

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Engineering and Technical Services: Revenue generated from high-value professional services including strategic consulting, detailed engineering design, qualified installation, inspection and certification, and ongoing maintenance under the DIIM protocol. Projects are typically large-scale, quote-based engagements for enterprise clients in regulated industries.
2. Certified Material Supply: Supply of internationally certified fire protection materials including intumescent, endothermic, and ablative products from authorized global brands (3M, Roxtec, Metacaulk, Everkem). Products are supplied as part of bundled engineering-service packages or as standalone material sales to certified installers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Waterman Humanos Del Agua delivers end-to-end passive fire protection engineering under the DIIM (Design, Installation, Inspection, Maintenance) protocol, providing strategic consulting, detail engineering, certified installation of fire barrier systems, third-party inspection and certification, preventive maintenance, and specialized training for building infrastructure across Latin America. The company is an authorized distributor of globally certified fire protection materials (3M, Roxtec, Metacaulk, Everkem, ROCKWOOL, ISOLATEK) and installs systems rated up to 2-hour fire resistance under NFPA, UL, FM Global, and Intertek standards for hospitals, airports, data centers, hydroelectric plants, hotels, and industrial facilities.

Product overview

Waterman Humanos Del Agua is a passive fire protection engineering company operating under the DIIM protocol (Design, Installation, Inspection, Maintenance), providing comprehensive fire barrier services throughout Latin America. The company functions as an authorized distributor and certified installer of globally-leading fire protection brands including 3M Fire Barrier products, ROXTEC sealing systems, ROCKWOOL insulation, Metacaulk, Everkem, and ISOLATEK International. Their service portfolio spans seven core offerings: Strategic Consulting (regulatory alignment and risk mitigation), Detail Engineering (UL/FM/Intertek listed system design), High-Technology Supply (certified materials sourcing), Qualified Installation (FCIA/IFC-certified execution), Certification & Inspection (ASTM E2174/E2393-based validation), Maintenance & Repair (ongoing barrier integrity management), and Specialized Training (DIIM protocol education). The company distributes specific product lines including 3M FB IC15, FWBT Tape, FB RC1 Collar, FB Ultra GS, FireDam Spray 200, Fire Barrier CS195+/CP25+/FS195+, Watertight Spray, and Pass-Through Device PT4SD; ROXTEC CRF PPS modules and Frame B systems; ROCKWOOL Roxul Safe 4pcf; Metacaulk intumescent solutions; and Everkem technical sealants—all certified under NFPA, IBC, and ICC standards for the Latin American market.

Differentiator

Problem solved

Functional benefit

Products and services

• Strategic Consulting (Consultoría Estratégica) Transforms regulatory complexity into operational clarity by analyzing project challenges against international codes (NFPA 101, NFPA 1, NFPA 5000, IBC, IFC) and local requirements, designing a roadmap to mitigate risks and optimize costs from the conceptual phase. Targeted at enterprise project owners, developers, and contractors.
• Detail Engineering (Ingeniería de Detalle) Develops compartmentalization solutions based on listed systems (UL/FM/Intertek) where every penetration, joint, and curtain wall is projected with exact specifications to ensure fire and smoke control. Targeted at enterprise construction and infrastructure projects.
• High-Technology Material Supply (Suministro de Alta Tecnología) Supply of certified intumescent, endothermic, ablative, and insulating products as well as high-performance fire stop devices from global brands (3M, Roxtec, Metacaulk, Everkem, ROCKWOOL, ISOLATEK). Supplied as part of bundled engineering-service packages or as standalone material sales to certified installers.
• Qualified Installation (Instalación Calificada) Expert execution of passive fire protection installations with technical teams trained under FCIA and IFC standards, guaranteeing precise installations respecting each manufacturer's certification parameters. Includes real-time documentation for traceability. Targeted at enterprise construction projects.
• Certification and Inspection (Certificación e Inspección) Rigorous audits and inspection processes following ASTM E2174 (penetrations) and ASTM E2393 (joints) standards, delivering documentation and labeling necessary to endorse system integrity before authorities, insurers, and external auditors. Required for IBC Chapter 17 special inspections and Panama Fire Department DINASEPI compliance.
• Maintenance and Repair (Gestión y Reparación) Preventive and corrective maintenance to ensure new service installations (cables, pipes, trays, ducts, joints) do not compromise existing fire barriers. Targeted at enterprise building owners and facility managers who must preserve ongoing regulatory compliance.
• Specialized Training (Capacitación Especializada) Technical training programs for developers, contractors, and building administrators on the critical importance of Passive Protection and DIIM protocol implementation. Targeted at enterprise construction and facility management professionals.
• 3M Fire Barrier Products Distribution Distribution of certified 3M fire protection products including FB IC15, FWBT Tape, FB RC1 Collar, FB Ultra GS, FireDam Spray 200, Fire Barrier CS195+, CP25+, FS195+, Watertight Spray, Pass-Through Device PT4SD, and electrical box fire barrier inserts. UL- and FM Global-certified.
• ROXTEC Sealing Systems Distribution Distribution of modular mechanical sealing systems for cables and pipes, including CRF PPS modules and Frame B systems, providing fire resistance and watertight sealing for penetrations in critical infrastructure.
• Metacaulk Firestop Solutions Distribution Distribution of intumescent and high-performance fire protection solutions from the Metacaulk brand, providing innovative fire stopping technology for Penetrations and joints.
• Everkem Firestopping Solutions Distribution Distribution of technical sealants, adhesives, and high-precision chemical compounds for fire stopping applications from Everkem.
• ROCKWOOL Mineral Wool Insulation Distribution Distribution of ROCKWOOL Roxul Safe 4pcf mineral wool insulation providing fire resistance and thermal/acoustic protection for use in fire stop systems for compartments and penetrations.
• ISOLATEK International Fireproofing Distribution Distribution of ISOLATEK International thermal protection materials for steel structures, ensuring building stability during high-intensity fires as part of an integrated passive fire protection solution.

Quantifiable outcome

• 2-hour fire resistance rating for installed UL-certified fire barrier systems
• +4 more outcomes

Named customers22 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Eleven partnerships are on record, tiered core, supporting and minor.

• 3M Building and ConstructioncoreTechnology or IntegrationWaterman is an authorized distributor of 3M fire protection products (3M Fire Barrier, FireDam Spray, pass-through devices, intumescent inserts, collars) in Panama, Central America, and the Caribbean. 3M products are core to the company's installed solutions and carry UL and FM Global certifications.
• RoxteccoreTechnology or IntegrationWaterman is an authorized distributor of ROXTEC modular sealing systems (multidiameter frames, CRF PPS modules) in Panama, Central America, and the Caribbean. Roxtec systems provide fire resistance, watertight sealing, and pest protection for cable and pipe penetrations in critical infrastructure.
• Metacaulk (Rectorseal)coreTechnology or IntegrationMetacaulk, a brand of Rectorseal, provides intumescent firestop solutions. Waterman is an authorized agent for Metacaulk products in the region, offering these as part of its certified fire barrier portfolio.
• Everkem Firestopping SolutionscoreTechnology or IntegrationEverkem specializes in technical sealants, adhesives, and high-precision chemical compounds for fire stopping. Waterman represents Everkem as an authorized specialist in Panama, Central America, and the Caribbean.
• FCIA (Firestop Contractors International Association)coreStrategic or Co-development PartnerWaterman is an active member of the Firestop Contractors International Association, aligning its installation standards with FCIA guidelines and accessing industry best practices, training resources, and professional development.
• IFC (International Firestop Council)coreStrategic or Co-development PartnerWaterman is a member of the International Firestop Council, an organization dedicated to promoting the correct specification and installation of fire protection systems. Membership provides access to technical standards and industry advocacy.
• ISOLATEK InternationalsupportingTechnology or IntegrationISOLATEK International is a global leader in fireproofing materials for structural steel. Waterman incorporates ISOLATEK products into its complementary portfolio, offering structural fire protection as part of an integrated passive fire protection solution.
• ROCKWOOLsupportingTechnology or IntegrationROCKWOOL provides mineral wool insulation solutions that are non-combustible and provide thermal and acoustic insulation. Waterman uses ROCKWOOL products (Roxul Safe 4pcf) as part of its fire barrier and firestop system installations.
• Benemérito Cuerpo de Bomberos de Panamá (DINASEPI)coreImplementation/ SI/ Consulting PartnerThe Panama Fire Department (BCBRP) through DINASEPI issues the official license (resolución) required for companies to legally install and certify passive fire barriers in Panama. Waterman is homologated and licensed by DINASEPI as a certified installer. The relationship is regulatory in nature, enabling Waterman to operate legally in Panama's fire protection market.
• JTIA (Junta Técnica de Ingeniería y Arquitectura)coreImplementation/ SI/ Consulting PartnerJTIA issues professional idoneidad (competency certification) for engineering firms in Panama. Waterman holds this professional certification, which validates its technical capacity to perform passive fire protection engineering services.
• UTP - Universidad Tecnológica de PanamáminorStrategic or Co-development PartnerWaterman participated in the Cátedra de Bomberos de Panamá (Fire Safety Chair) at UTP, sharing knowledge about passive fire protection with students and faculty. This engagement supports talent development and brand awareness among future engineering professionals.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• BrandSafway: Large industrial services and access company providing scaffolding, insulation, coatings, and fire protection services to energy, infrastructure, and industrial clients. Comparable as an incumbent specialty services firm that bundles fireproofing and passive fire protection into broader industrial service contracts.
• Hilti: Global construction technology and firestop solutions provider offering engineering services, firestop products, and training programs. Comparable as a broad incumbent supplying passive fire protection materials and installation support across multiple geographies, including Latin America.
• Specified Technologies Inc. (STI Firestop): Manufacturer and supplier of firestop systems (intumescent, sealant, sleeve, and collar products) used in penetration and joint sealing. Comparable as a UL-listed firestop product brand with which Waterman competes or partners as a regional installer.
• ISOLATEK International: Manufacturer of spray-applied fireproofing and intumescent coatings for structural steel. Comparable as a complementary structural fire protection supplier in Waterman's portfolio and a potential competitor in the broader passive fire protection scope.
• Roxtec International: Manufacturer of modular cable and pipe sealing systems for fire, water, and dust protection. Comparable as the manufacturer whose products Waterman distributes; also operates its own global installation and certification network that overlaps with Waterman's.
• Rectorseal (Metacaulk): Manufacturer of the Metacaulk line of firestop sealants, collars, and intumescent products. Comparable as the manufacturer whose products Waterman distributes and installs, and a direct competitor brand in the regional firestop supply chain.
• 3M (Building and Construction): Global manufacturer of 3M Fire Barrier products (pass-throughs, sealants, sprays, collars) used in passive fire protection. Comparable as the principal material supplier whose products Waterman distributes and installs, with potential to compete via direct regional channels.
• Tremco Construction Products Group (incl. Nullifire): Manufacturer of construction sealants, firestop systems, and fire-rated assemblies including Nullifire intumescent products. Comparable as a broad firestop brand that competes in the same UL-listed system categories Waterman installs.

Direct peers

• Firestop Specialties Inc. U.S.-based specialty contractor delivering design, installation, inspection, and maintenance of firestop systems under the DIIM-style lifecycle for commercial buildings. Comparable as a direct services peer running an analogous certified-installer business model for penetration and joint sealing.
• Passive Fire Protection Partners: Specialist firestop contractor providing certified installation, inspection, and consulting services for commercial construction. Comparable as a direct services peer operating the same DIIM lifecycle methodology Waterman uses in Latin America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/humanosdelagua
• Instagraminstagram.com/waterman.lat

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Waterman Humanos Del Agua