11th Sep 2025 10:57
(Alliance News) - Oakley Capital Investments Ltd on Thursday reported higher net asset value during the first half of 2025, and maintained confidence despite "broader challenges" in the market.
The Bermuda-registered private equity firm targets mid-market European technology, consumer and education companies.
Oakley's net asset value per share was 742 pence at June 30, up 6.8% from 695 at December 31. Total NAV return rose to 7% during the six months ending June 30, compared to 4% in the first half of 2024.
On its key contributors, the private equity firm commented: "Notable growth in the portfolio was achieved by TechInsights, which benefitted from increasing demand for advanced analysis and intellectual property services in the highly competitive technology sector."
"Phenna Group continued to expand via acquisition, adding to its portfolio of testing, inspection, certification and compliance services, while Bright Stars saw strong demand for its premium UK early learning centres. Facile was another strong contributor as it continued its successful penetration of Italy's fast-growing online price comparison market, with Dexter's also expanding its leading position within within the London real estate market via a further seven acquisitions as part of its buy-and-build strategy."
Also during the first half, Oakley sold its stake in legal technology platform vLex in a deal which it said values vLex at USD1 billion. The buyer is Canadian legal software company Clio. Oakley plans to partially reinvest in the enlarged firm "to benefit from this future growth potential".
The private equity firm added that fundraising for its sixth flagship fund closed at EUR4.5 billion in March.
"This success, in a challenging fundraising environment and coming just two years after Oakley raised EUR2.85 billion for Fund V, demonstrates institutional investors' confidence in our strategy, including our ability to create value and consistently deliver growth," the firm said.
Partner Steven Tredget added: "Our existing portfolio companies continue to perform well...With Europe now at the forefront of global private equity activity, Oakley's local presence, network and track record give us a significant advantage."
The firm's shares were up 0.4% at 570.00 pence on Thursday morning in London.
By Holly Munks, Alliance News reporter
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