Waterland Private Equity, a private equity firm, agreed to acquire LifeFit Group, a fitness and wellness group, from Oaktree Capital Management, a private equity firm. Financial terms were not disclosed. “We are delighted to have such a competent and experienced investor as Waterland on board. With their expertise and financial support, we are absolutely certain that we will be able to continue along our chosen path. We will further strengthen our position in the market and expand our business," Martin Seibold, LifeFit Group CEO.