© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - DLA Piper Advises Oakley Capital on Acquisition of Shares in Daisy
Posted 13th August 2015

DLA Piper Advises Oakley Capital on Acquisition of Shares in Daisy

DLA Piper Advises Oakley Capital on Acquisition of Shares in Daisy

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

DLA Piper Advises Oakley Capital on Acquisition of Shares in Daisy

DLA Piper Advises Oakley Capital on Acquisition of Shares in Daisy

View Biography
Image

Investment group Oakley Capital Investments (OCIL) has acquired a stake in unified communications provider Daisy Group for £39m.

The London-listed group, which had previously held a 13.6% stake in Daisy Group, said its Fund II bought a minority stake in the Lancashire-based company.

Oakley’s contribution to its Fund II’s equity investment is approximately £14.9m, with a further £14m provided directly to Daisy Group in the form of mezzanine finance.

“We are delighted to be acquiring a stake in Daisy – it is a business we know well and one that has created very significant value for OCIL in the past,” said group director Peter Dubens, who founded Oakley Capital Group after resigning as director of Daisy Group in 2014.

“It is led by a highly respected management team that has recently completed the acquisition of Phoenix IT to create a leading UK unified communications and IT services business.

“We look forward to working with our fellow shareholders and the management team to generate further growth and value over the coming years.”

Categories: Legal, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
9 Ways to Prepare Your Business for the Next Recession
Finance
09/11/20209 Ways to Prepare Your Business for the Next Recession

Recessions are a part of economic life, but they are difficult to predict in advance. That’s why the best time to develop a plan is while things are looking up. By making wise choices while the economy is stable, you can prepare for the uncertain future. Her

Read Full PostRead - Eye Icon
Getting a Personal Loan in 2023
Finance
10/05/2023Getting a Personal Loan in 2023

As of 2023, it’s been estimated that more than £33,000, or almost $40,000, is owed per average borrower in the United Kingdom and the USA. This debt is of course subject to interest, meaning that for the estimated amount owed, more will be required by lende

Read Full PostRead - Eye Icon
HAVELSAN Completes Acquisition of Quantum3D
Innovation
05/10/2016HAVELSAN Completes Acquisition of Quantum3D

International Defense and IT Solutions Provider Secures its Presence as a Global Player with the Addition of U.S.-based Simulation Technology Developer MILPITAS,Quantum3D a leading provider of training and simulation solutions for government and commer

Read Full PostRead - Eye Icon
Exciting IT Innovations to Watch in 2024
Innovation
11/03/2024Exciting IT Innovations to Watch in 2024

Digital innovation never ends, and the groundbreaking trends that defined 2023 will continue to shape the world around us. With technology evolving at a greater pace than ever before, 2024 already looks to be another exciting year for IT innovation.

Read Full PostRead - Eye Icon
The Best Practice
Leadership
29/09/2016The Best Practice

Based in Houston, Texas, Tumey L.L.P. now has offices in two different locations, with a second office located in the growing area of The Woodlands/North Houston, but what are the secrets behind the firm’s success?

Read Full PostRead - Eye Icon
What Do Companies Look for in their Accountants?
Finance
01/09/2020What Do Companies Look for in their Accountants?

Very few professions are as versatile as that of an accountant. Unlike most skilled workers, including doctors and engineers, the accountant can potentially work in any industry. The ability to work with numbers, or rather make the numbers work for their emplo

Read Full PostRead - Eye Icon
Number of Leaked M&A Deals at Six Year Low
Legal
23/11/2015Number of Leaked M&A Deals at Six Year Low

Research conducted with the M&A Research Centre at Cass Business School, London shows leaked deals on the decline due to regulatory enforcement

Read Full PostRead - Eye Icon
Lower Profits at Brazil’s Foreign Banks Limit Expansion
Leadership
16/02/2015Lower Profits at Brazil’s Foreign Banks Limit Expansion

Reduced profits from capital market-related activities to hold back plans for expansion in the country.

Read Full PostRead - Eye Icon
Economist Keith Wade Gives Outlook on US Economy
Finance
13/02/2015Economist Keith Wade Gives Outlook on US Economy

Schroders Chief Economist, Keith Wade gives his view on the outlook for the US economy ahead of the release of retail sales and consumer confidence data later this week.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow