7th Jun 2021 12:07
Oakley Capital Investments Ltd - investment vehicle offering access to the Oakley funds - Indirectly invests GBP6 million in leading German e-commerce providers Afterbuy and DreamRobot via Oakley Capital Origin Fund's acquisition of controlling stakes in the two businesses.
Oakley Capital Investments provides liquid access to private equity returns through investment in the Oakley funds, which includes Oakley Capital Origin Fund.
Oakley Capital Origin Fund buys controlling stakes in both companies, which provide software to small and medium-sized merchants selling on online platforms, such as eBay Inc and Amazon.com Inc. To date, the pair have processed EUR50 billion of gross merchandise volume. Afterbuy and DreamRobot to be combined into a new company titled Ecommerce One Group.
Oakley Capital Investments says it has around GBP173 million in funds available for future investment.
Current stock price: 336.00 pence, up 3.7% on Monday
Year-to-date change: up 17%
By Scarlett Butler; [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
Oakley