.
MergerLinks Header Logo

New Deal


Announced

Oakley Capital to acquire Seven Miles for $205m.

Financials

Edit Data
Transaction Value£169m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

consumer technology

Friendly

Private

Majority

gift cards

Acquisition

Germany

Digital Services

Pending

Private Equity

Single Bidder

Synopsis

Edit

Private equity firm Oakley Capital agreed to acquire a majority stake in Seven Miles, a consumer technology company in multi-brand gift cards, for $205m. "We are delighted to be partnering with Tom and Valentin. Seven Miles exhibits many of the characteristics Oakley looks for in a deal - a founder-led, high growth business with a leading position in its niche market, and we look forward to the opportunity we have to build and develop the digital platform together," Peter Dubens, Oakley Capital Managing Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US