Market confidence levels among mid-market private equity investors are riding high, according to a survey carried out by Grant Thornton Corporate Finance. During the first quarter of the year, 92% of mid-market VCs predicted that the volume of transactions would increase or stay the same over the next twelve months. However 89% also anticipated that the value of transactions would follow suit.
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