Oakley Capital completed the acquisition of Seagull from Herkules Capital for $220m.

Oakley Capital completed the acquisition of Seagull, is the provider of competence & training management solutions for the maritime industry, from HPEV II. The digital transformation taking place in the shipping industry, as well as the increasingly complex regulatory framework, offers a significant opportunity for e-Learning providers. This transaction continues Oakley’s successful track record of investing in the maritime and education sectors. "As the shipping industry continues to make advancements in digitalisation, we see significant opportunities to further enhance the breadth and depth of products and services we offer our clients. In Videotel and Oakley we believe that we have the perfect partners to support us on that journey," Roger Ringstad, Seagull Managing Director.