GERMANY – Waterland acquires second gaming arcade operator within a month

Waterland Private Equity has acquired Highway Automaten GmbH through its third fund Waterland Private Equity Fund III BV that closed on EUR 400m in April this year. The financial investor had previously acquired Löwen Play, the second largest amusement arcade operator in Germany in mid-October. The new acquisition represents an add-on to Löwen Play and is seen as part of its growth strategy.