A group of private equity players and industrials have contributed to a fund totalling EUR 90,000 destined to sponsor outstanding students of Bocconi University. The fund was set up in memory of Claudio Albonico, the late manager of Mid Equity Partners , who passed away earlier this year.
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