Oakley Capital-backed Infravadis completed the acquisition of a majority stake in Abfluss Schäfer.

Oakley Capital-backed Infravadis, a tech-enabled platform, completed the acquisition of a majority stake in Abfluss Schäfer a sewage cleaning and pipe repair specialist. Financial terms were not disclosed. "We were drawn to Infravadis’ differentiated approach and vision to create a tech-enabled European leader. Oakley’s impressive track record in scaling founder-led businesses made them the ideal partner for our next phase of growth," Michael Legère, Abfluss Schäfer Founder and CEO.