Waterland Private Equity has acquired a 25% interest in Euronext-listed Belgian healthcare business Arseus, purchasing Omega Pharma's entire 24% shareholding and an additional 1% from Couckinvest, the second-largest shareholder in the healthcare company.
Deal will be the second add-on acquisition for Danoffice since Agilitas's buyout of the company in November 2017
Bowmark will provide additional funding of £100m to fund the company's add-ons acquisitions
Exit represents an 18x return on Octopus's initial investment and a 9x return on its total investment
Deal follows M&A litigation initiated after coronavirus uncertainty and financing difficulties