Strategic report / Business Services overview
Mission-critical services
Providing mission-critical, tech-enabled services that help customers succeed.
Mission-critical services Growing regulation and demand for productivity are driving demand for services and information that help businesses succeed in an increasingly complex, competitive and data-driven economy. Oakley invests across a range of highly attractive niche sectors, including B2B information platforms and testing, inspection, certification and compliance (‘TICC’) providers, helping them shift to recurring revenues and internationalising their business.
Total % of OCI NAV
Oakley PE business services sector investments
Investment | Fund | OCI residual cost (Funds)1 £m | OCI fair value £m | % of OCI NAV |
|---|---|---|---|---|
Phenna | Fund V | 75.7 | 100.7 | 8.1% |
| Steer Automotive | Fund V | 62.8 | 64.5 | 5.2% |
Liberty Dental Group | Fund V | 36.0 | 43.3 | 3.5% |
| ProductLife Group | Fund V | 39.9 | 40.4 | 3.2% |
TechInsights | Fund IV | 38.6 | 38.3 | 3.1% |
vLex | Origin I | 11.9 | 13.2 | 1.1% |
Total OCI valuation | 300.4 |
1. OCI’s residual cost represents OCI’s indirect investment through the Oakley Funds and is calculated on a look-through basis.