The commercial law firm Noerr has advised and assisted Oakley Capital in its acquisition of majority stakes in the German and Polish subsidiaries owned and operated by the consulting and systems company Damovo.
Damovo is specialised in integrated solutions in the field of unified communications and collaboration (UCC).
The buyer is the fund “Oakley Capital Private Equity II”, which is acquiring the shares from Damovo II. Besides the German and Polish operations, Oakley is also acquiring Damovo’s operations in Belgium, Ireland and Switzerland as well as Damovo’s Global Services business. The British telecommunications provider Daisy Group is also investing in Damovo’s European companies.
