• New York
  • Berlin
  • London
Daisy Group
Sector:
Technology
Transaction Type:
Disposal
Date:
Jan 2021
Deal Value:
£1bn

Oakley Advisory Limited (“Oakley”), the independent corporate finance firm offering specialist advice across the TMT and Online sectors is advising Daisy Group (“Daisy”) on the sale of a significant minority investment in Digital Wholesale Solutions (“DWS”), an independent IT, communications and wholesale platform.

The investment is being made by Inflexion’s dedicated minority investment fund, Partnership Capital II, and values DWS at an enterprise valuation of £1 billion. The transaction is another strong demonstration of Oakley’s capability and coverage in the communications and cloud market.

The Oakley team comprised Chris Godsmark, Daniel Havercroft, Marc Jones, Anthony Yaneza, Phoebe Orr and Alessandro Gelfi.

Chris Godsmark, joint Managing Partner of Oakley, commented:

“We have worked with Daisy and Matthew Riley, its founder, for well over a decade and the DWS transaction is a landmark deal in the development of Daisy as a group of increasingly independent businesses focused on different parts of the communications and cloud market. The partnership with Inflexion enables the management team, led by Chief Executive Terry O’Brien, to bring in a world class investor as their partner to maximise the already compelling growth potential of DWS. The partnership between Daisy and Inflexion is a clear “win win” for both parties.”

Matthew Riley, Daisy Group Chairman, commented:

“We were delighted to have worked with Oakley on finding the best partner for DWS to help with the next stage of its development. Chris and the Oakley team supported us throughout the process and provided a great combination of industry and corporate finance support.”

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