|
Oakley Capital Investments Ltd on Monday said the Oakley Capital VI fund has been granted exclusivity with a view to buying a co-controlling stake with General Atlantic in customer engagement software platform Brevo. Oakley Capital Investments provides access to private equity funds managed by investment adviser Oakley Capital Ltd. Oakley said the signing of a definitive agreement is subject to ‘the customary information and consultation of the relevant employee representative bodies’. Paris-based Brevo provides a multi-channel customer relationship management software suite to businesses. Oakley Capital said Brevo Chief Executive Officer Armand Thiberge and the management team are making a ‘significant reinvestment in the business’ and will continue to lead Brevo. Oakley Capital Investments said its indirect contribution via Fund VI is expected to be around £22 million, which relates to its share of Oakley’s investment in Brevo. Shares in Oakley Capital Investments were up 0.1% at 552.34 pence in London on Monday afternoon. Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
