Oakley Capital Investments Limited is an AIM-listed company that was established to provide investors with access to the investment strategy being pursued by Oakley Capital Private Equity.
As part of the arrangement, OCL will be providing EUR15.4 million of senior and mezzanine financing, whilst Oakley Capital Private Equity will provide a further EUR11.85 million of equity financing to fund the acquisition and further expansion of Emesa in the Dutch and European markets.
OCL said that Emesa's management and main founder will retain a "significant stake" in the company going forward.
Emesa was ranked as the fourth-fastest growing technology firm in the Netherlands in the Deloitte Technology Fast 50 survey. It is a leading online consumer auction platform in the European leisure industry.
The e-commerce company enables online consumers to locate and book leisure deals such as short holidays, weekend breaks, spa and beauty treatments, event tickets and restaurant visits.
Emesa operates three websites in the Netherlands and in 2010 received over 63 million visits to its websites and completed over 950,000 transactions.
Author: Mike King, analyst.
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