Oakley Capital completed the acquisition of Steer Automotive Group from Chiltern Capital and Keyhaven Capital.

Oakley Capital, a private equity investor, completed the acquisition of Steer Automotive Group, an independent collision repair group, from Chiltern Capital, a London-based private equity firm specializing in growth investments that invests in smaller mid-market companies in the UK, and Keyhaven Capital, a private equity firm focused on the European lower mid-market. Financial terms were not disclosed. "Our strategy has always been to invest behind exceptional founders with a clear strategic vision. We have been impressed by Richard and his team, and the way they have built Steer to serve the changing needs of the UK automotive industry. We look forward to working with the company as they deliver on their ambitious growth plans to scale Steer Group into a key service provider for this large, dynamic market," Peter Dubens, Oakley Capital Founder and Managing Partner.