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RNS Number : 2796M Oakley Capital Investments Limited 11 June 2025
11 June 2025
Oakley Capital Investments Limited
Oakley Capital Investments Limited(1) ("OCI") is pleased to announce that
Oakley Capital Origin II(2) ("Origin II") has agreed to acquire Join Business
Management Consulting ("JBMC") a fast-growing, Italian management and IT
consultancy firm focused on the Financial Services sector.
OCI's indirect contribution via Origin II is anticipated to be c.£8 million,
which relates to OCI's share of Oakley's investment in JBMC.
Further details on the transaction can be found in the below announcement from
Oakley Capital(3).
Oakley Capital invests in Italian management and IT consulting firm JBMC
Oakley Capital, a leading pan-European, mid-market private equity investor, is
pleased to announce that Oakley Capital Origin II has agreed to acquire a
majority stake in Join Business Management Consulting ("JBMC"), a
fast-growing, Italian management and IT consultancy firm focused on the
Financial Services sector.
Founded in 2013 by Giovanni Brandani and Leonardo Fenizi, and headquartered in
Siena, JBMC delivers operational improvement, IT project management, digital
transformation, data and other tech-enabled projects for leading banks,
insurance firms and payment companies in Italy.
Thanks to its deep specialisation in financial services, strong track-record
in managing complex projects, and distinctive company culture, JBMC has
achieved rapid growth alongside high levels of customer satisfaction and
retention. Over the past five years, the company has grown revenue at a
compound annual growth rate of over 20%, outpacing the broader market.
JBMC operates in a c.€5 billion consulting and IT services market that is
benefitting from a digitisation wave as Italy catches up with higher EU
average investment in IT modernisation and development. This growth is
particularly strong within the Financial Services sector as more companies
move away from legacy systems, driving demand for digital transition
specialists such as JBMC.
Oakley sourced the deal through its origination network after closely tracking
the consulting and IT services markets in Europe over several years. Oakley
will support Giovanni and the rest of JBMC's management team to accelerate
growth by investing in new business origination and capability development,
while also leveraging its expertise in buy-and-build to support future
M&A, particularly in the data, AI and risk & compliance verticals.
Oakley Capital co-Founder and Managing Partner Peter Dubens said: "Giovanni is
a proven, successful entrepreneur with a talent for building a highly
effective team that is delivering strong growth in an attractive market. We
look forward to helping JBMC take full advantage of the accelerating
digitisation in Italy's Financial Services industry."
JBMC Founder & CEO Giovanni Brandani said: "We were impressed by Oakley's
strong track record in IT and tech, having helped multiple businesses
accelerate their organic growth as well as successfully execute M&A. As a
founder-led business, we were also looking for the right partner that would
complement our unique culture and ethos. We look forward to working with the
Oakley team to help JBMC realise its full potential."
- ends -
For further information please contact:
Oakley Capital Limited
+44 20 7766 6900
Steven Tredget
Greenbrook Communications Limited
+44 20 7952 2000
Rob White / Michael Russell
Deutsche Numis (Financial Adviser & Broker)
+44 20 7260 1000
Nathan Brown / Matt Goss
Notes:
LEI Number: 213800KW6MZUK12CQ815
(1 )About Oakley Capital Investments Limited ("OCI")
OCI is a Specialist Fund Segment ("SFS") traded investment vehicle that aims
to provide shareholders with consistent long-term capital growth in excess of
the FTSE All-Share Index by providing liquid access to private equity returns
through investment in the Oakley Funds.
A video introduction to OCI is available
at https://oakleycapitalinvestments.com/videos/
(https://oakleycapitalinvestments.com/videos/)
The contents of the OCI website are not incorporated into, and do not form
part of, this announcement.
(2) The Oakley Funds
Oakley Capital Private Equity II, Oakley Capital Private Equity III, Oakley
Capital IV, Oakley Capital V, Oakley Capital VI, Oakley Capital Origin and
Oakley Capital Origin II are unlisted lower-mid to mid-market private equity
funds that aim to provide investors with significant long-term capital
appreciation. The investment strategy of the Funds is to focus on buy-out
opportunities in industries with the potential for growth, consolidation and
performance improvement. The Oakley family of funds also includes Oakley
PROfounders Fund III and Oakley Touring Venture Fund, which are venture
capital funds focused on investments in entrepreneur-led, disruptive,
technology led companies.
(3) Oakley Capital, the Investment Adviser
Founded in 2002, Oakley Capital Limited has demonstrated the repeated ability
to source attractive growth assets at attractive prices. To do this it relies
on its sector and regional expertise, its ability to tackle transaction
complexity and its deal generating entrepreneur network.
Important information
Specialist Fund Segment securities are not admitted to the Official List of
the Financial Conduct Authority. Therefore, the Company has not been required
to satisfy the eligibility criteria for admission to listing on the Official
List and is not required to comply with the Financial Conduct Authority's
Listing Rules.
The Specialist Fund Segment is intended for institutional, professional,
professionally advised and knowledgeable investors who understand, or who have
been advised of, the potential risk from investing in companies admitted to
the Specialist Fund Segment.
This announcement may include "forward-looking statements". These
forward-looking statements are statements regarding the Company's objectives,
intentions, beliefs or current expectations with respect to, amongst other
things, the Company's financial position, business strategy, results of
operations, liquidity, prospects and growth. Forward-looking statements are
subject to risks and uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future. Accordingly the
Company's actual future financial results, operational performance and
achievements may differ materially from those expressed in, or implied by, the
statements. Given these uncertainties, prospective investors are cautioned not
to place any undue reliance on such forward-looking statements, which speak
only as at the date of this announcement. The Company expressly disclaims any
obligation or undertaking to update or revise any forward-looking statements
contained herein to reflect actual results or any change in the Company's
expectations with regard to them or any change in events, conditions or
circumstances on which any such statements are based unless required to do so
by the Financial Services and Markets Act 2000, the Listing Rules or
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