News

Chris Brooks, the former Corporate Development Director for Cable & Wireless Worldwide plc (“CWW”) has joined Oakley Capital Corporate Finance (”Oakley”) as a Director in the M&A team. The move reflects the continung expansion of Oakley’s deal flow and underlines its commitment to building a leading mid-market and sector specialist advisory practice. In particular, Chris brings years of telecoms, IT services and technology expertise, both through his time at CWW and through his former role as a director with the investment bank Rothschild.

Oakley Capital Corporate Finance (”Oakley”) has advised Dedipower Managed Hosting Ltd. (“Dedipower”; “the Company”), a Reading-based managed hosting and colocation provider, on its sale to Lumison, a leading UK provider of hosting and cloud services to mid-market companies. The deal is the 10^th transaction completed by Oakley so far in 2011, several of which have been in hosting and IT managed services.

Growth investor Lyceum Capital (“Lyceum”) was advised by Oakley Capital Corporate Finance (”Oakley”) on its investment in Adapt (“Adapt”; “the Company”), a leading Managed IT Services Provider. The £30m deal will back Adapt as it executes a buy-and-build strategy to capitalise on market opportunites. Oakley assisted Lyceum as sole corporate finance advisor throughout the process. 

Oakley Capital Corporate Finance (”Oakley”) has acted as co-advisor to the leading Spanish SME hosting provider, Acens Technologies Group (“Acens”; “the Company”), on its sale to Telefonica. The disposal for an undislosed sum, which was signed in June and completed recently, enhances Telefonica’s cloud strategy in Spain.

Oakley Capital Corporate Finance (”Oakley”; the “Company”) has enhanced its media credentials with the sale of Independent Media Distribution plc (“IMD”) through a public takeover process to Lausanne Acquisitions Limited, a company controlled by investment partnerships advised by Virtuvian Partners LLP, the independent private equity fund.

Another telecommunications transaction, this time for Daisy Group Plc (“Daisy”), rounds off a busy start to 2011 for Oakley Capital Corporate Finance (“Oakley”), with 7 deals announced or completed this year.

Oakley Capital Corporate Finance (“Oakley”) is pleased to announce that it has acted as financial adviser to Lyceum Capital (“Lyceum”) on the £50m acquisition of Access UK (“Access”).

Kane, a leading provider of specialist risk and insurance management services, hired Oakley Capital Corporate Finance (”Oakley”; the “Company”), the mid-market Corporate Finance and Corporate Broking specialist, on its agreement to acquire the insurance management operations of HSBC.

Oakley Capital Corporate Finance (”Oakley”; the “Company”), the mid-market Corporate Finance and Corporate Broking specialist, has advised The ComplEat Food Group (“TCFG”) on a management buyout (“MBO”) backed by LDC (www.ldc.co.uk). TCFG is a leading supplier of high-end continental chilled and speciality foods to UK supermarket chains. 

The sale of ekit.com, Inc. (“ekit”; “the Company”), the mobile roaming virtual network operator, to Jersey Telecom (“JT”), announced on 11 January 2011 completes a busy last 12 months for Oakley Capital Corporate Finance (“Oakley”). The deal, for an undisclosed sum, demonstrates Oakley’s continuing commitment to the mid-market telecoms sector.