As we head into summer, we’re pleased to provide you with an update on investment activity during what has been an active and successful first half of the year at Oakley Capital. It has also been a busy period for fundraising after we closed our flagship Fund VI in March at its €4.5 billion hard cap. Thank you to all our investors for continuing to support us.
Fund VI Fundriase
€4.5bln
vLex exit at valuation of
$1bln
New platform deals
3
In June, Oakley announced Origin I’s sale of legaltech platform vLex to Canadian legal software business Clio. The deal values vLex at US$1bln, making it one of the few Spanish tech start-ups to reach unicorn status.
In June, Oakley announced Fund VI’s first investment. G3 is a leading global strategic advisory company that has generated strong revenue growth and high margins over the last five years. That growth is being driven by strong demand for corporate due diligence as well as by the company’s expansion into new regions and sectors such as cyber advisory.
In February, Oakley announced Fund V’s investment in founder-led Bridewell, the UK’s leading independent cybersecurity provider. A strategic partnership with I-TRACING, acquired by Oakley in 2024, will create an independent, European cybersecurity champion.
Sector Insights: Learn more about how Oakley is approaching the cybersecurity opportunity.
In June, Oakley announced Origin II’s investment in Infravadis, a tech-enabled platform focused on the >€25 billion European Underground Infrastructure Maintenance ("UIM") market. Bilaterally sourced through Oakley’s origination network, the investment marks the first step in a buy-and-build strategy.
Also in June, Oakley announced Origin II’s investment in JBMC, a fast-growing, founder-led, management and IT consultancy firm focused on addressing digital gaps in Italy’s Financial Services industry.
In July, Oakley announced Iconic BrandCo’s investment in luxury brands Smythson, Fornasetti, and Fabbrica Pelletterie Milano, complementing its existing investments in Alessi and Globe-Trotter. Established in 2020, Iconic is a Fund III vehicle for investing in premium, heritage brands.
Oakley aims to significantly grow these brands by accelerating their international expansion, digitising operations, and enhancing digital marketing.
