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Oakley Capital agrees sale of Contabo and follow-on investment

Oakley Capital’s (Oakley) Oakley Capital Fund IV (Fund IV) is to sell its stake in Contabo, a cloud hosting platform. The exit will generate a gross return in excess of 10x MM and over 100% IRR to Fund IV.

As part of the transaction, Oakley Capital Fund V (Fund V) will acquire a minority stake in Contabo alongside majority investor KKR, to benefit from the anticipated future growth of the business.
Fund IV first invested in Contabo in 2019 alongside proven hosting entrepreneurs Thomas Strohe, Jochen Berger and Thomas Vollrath who introduced the opportunity to Oakley. 

The strategic partnership with KKR and fresh investment from Oakley will support the next stage of Contabo’s growth plan including acquisitions.

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