Oakley Capital Private Equity III is to sell its stake in TechInsights, an information services platform for the microelectronics sector.
The exit will generate a gross return on investment of c18.8x MM and c82 per cent IRR to Fund III. As part of the transaction, Oakley Capital Fund IV (Fund IV) will acquire a majority stake in TechInsights alongside CVC Growth Funds (CVC Growth) to benefit from the strong future growth potential of the business, as well as the significant strategic and sectoral synergies CVC Growth offers.
Fund III first invested in TechInsights in 2017 as a carveout from AXIO Group.
