• New York
  • Berlin
  • London
Oakley advises Redstor on an investment by Beech Tree Private Equity
Transaction Type:
November 2017
Deal Value:

Oakley Advisory Limited (“Oakley”), the independent corporate finance firm offering specialist advice across the TMT sector, has advised Redstor Holdings Limited (“Redstor” or the “Company”) on an investment by Beech Tree Private Equity.

Redstor, which was founded by Paul Evans and Tony Ruane in 1998, is a leading provider of cloud data management software and services. Headquartered in Reading, with operations in South Africa, it is best known for its cloud backup and recovery services. Redstor has also expanded its offering to incorporate cloud archiving and disaster recovery with plans to release data insight functionality soon to address compliance challenges such as the GDPR.

Beech Tree Private Equity is a private equity firm providing capital and expertise to fast growing businesses across the UK. Beech Tree Private Equity invest £10-£40 million into high growth companies typically valued at between £10 and £75 million. The business was founded by two experienced private equity investors, Andy Marsh and Paul Franks, who have over 25 years’ experience in private equity targeting high growth sub-sectors.

Oakley acted as sole financial advisor to the Company. The Oakley team comprised James Chapman-Andrews, Managing Director, Marc Jones, Assistant Director and Ollie Temple, Analyst.

James Chapman-Andrews, Managing Director at Oakley, commented:

“We have had a longstanding relationship with Paul, Tony and the wider Redstor management team, and are consequently delighted to have advised them on this transaction. We believe Beech Tree will prove a fantastic partner for Redstor, and its backing will help accelerate Redstor’s product capability and growth through acquisition.”

Related Transactions