Oakley Capital (Oakley), a pan-European, mid-market private equity investor, is set to acquire a stake in Webcentral DEH (Webcentral), an Australian domains, hosting and e-mail provider.
Founded in 1996 as one of Australia’s first domain and hosting providers, Webcentral offers an extensive portfolio of digital services to over 330,000 small and medium businesses and 2,500 enterprises across Australia and New Zealand. The company is growing profitably with high cash conversion rates as more SMEs seek to digitise their business models.
Oakley is investing in Webcentral in partnership with veteran hosting entrepreneurs Jochen Berger and Tom Strohe. Further terms of the deal were not disclosed.
