Completion of TechInsights Acquisition

Released : 26/05/2017

RNS Number : 2966G
Oakley Capital Investments Limited
26 May 2017
 

26 May 2017

 

Oakley Capital Investments Limited

 

Completion of TechInsights Acquisition

 

Oakley Capital Investments Limited1 (AIM:OCL, the "Company") is pleased to announce that Oakley Capital Private Equity III2 ("Fund III") has now completed the acquisition of a majority stake in TechInsights. Fund III has invested US$49.7 million in the business. The Company's indirect contribution through its interest in Fund III is £18.1 million (GBP/USD = 1.29).

 

TechInsights is a global leader in the intellectual property and technology services market.

 

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For further information please contact:

 

Oakley Capital Investments Limited

+44 20 7766 6900

Peter Dubens, Director

Steven Tredget, Investor Relations

 

FTI Consulting LLP

+44 20 3727 1000

Edward Bridges / Stephanie Ellis

 

Liberum Capital Limited (Nominated Adviser & Broker)

+44 20 3100 2000

Steve Pearce / Henry Freeman / Jill Li

 

 

1About Oakley Capital Investments Limited ("OCL")

Oakley Capital Investments Limited is a Bermudian company listed on AIM. OCL seeks to provide investors with long term capital appreciation through its investment in Oakley Capital Private Equity L.P., Oakley Capital Private Equity II, Oakley Capital Private Equity III and through co-investment opportunities.

 

2About Oakley Capital Private Equity L.P. ("Fund I"), Oakley Capital Private Equity II ("Fund II") and Oakley Capital Private Equity III ("Fund III")

Oakley Capital Private Equity L.P. and its successor funds, Oakley Capital Private Equity II and Oakley Capital Private Equity III, are unlisted mid-market private equity funds with the aim of providing investors with significant long term capital appreciation. The investment strategy of the funds is to focus on buy-out opportunities in industries with the potential for growth, consolidation and performance improvement.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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