Argos Wityu invested in the world market leader of inflatable floating waterparks, Wibit Sports. The two company founders will continue in their co-CEOs positions and will remain in close ties with the company long-term. The transaction is expected to close in early November. Financial terms were not disclosed. Frank Hermann, partner and director of the DACH region at Argos Wityu, said: “Wibit’s extremely successful business model and the entrepreneurial personalities of Romann Rademacher and Robert Cirjak stood out right from the outset. Today the company already has a strong international presence, but the potential for further growth is still far from being fully exploited in light of the huge number of holiday and leisure destinations. Moreover, the founders identified additional interesting growth areas for the diversification of the business model to supplement their core product, thus enhancing the attractiveness for customers and users. This mix of internationalization and tapping new business areas characterizes many of our investments. We are excited about jointly implementing this with the Wibit team.”