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Oakley Capital Investments

Oakley Capital Investments

Half Year Report 2024

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Oakley Capital Investments

Half Year Report 2024

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  • Strategic report Strategic report
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    • Strategy in action Strategy in action
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      • Technology: Horizons Optical
      • Education: Schülerhilfe
      • Consumer: Facile
      • Business Services: Steer Automotive Group
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    • Consolidated statement of comprehensive income (unaudited)
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    • Notes to consolidated interim financial statements Notes to consolidated interim financial statements
      • Notes to consolidated interim financial statements
      • 1. Reporting entity
      • 2. Basis of preparation
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      • 7. Net gains (losses) from investments at fair value through profit and loss
      • 8. Disclosure about fair value of financial instruments
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      • 12. Net asset value per share
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  • At a glance

    Strategic report

    At a glance
  • Why invest in OCI?

    Strategic report

    Why invest in OCI?
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    Strategic report

    Portfolio activity
  • Chair's statement

    Strategic report

    Chair's statement

Strategy in action / Business Services case study

Steer Automotive Group:
The UK’s leading B2B automotive services platform

 

See more about Steer

Strategy in action / Business Services case study

Steer Automotive Group

Representing approximately 6% of the UK repair market, Steer employs over 2,300 people and repairs more than 115,000 vehicles a year.

Founded in 2018 by serial entrepreneur Richard Steer, Steer Automotive has expanded through 18 acquisitions, establishing a network of over 100 repair centres, at the time of Oakley's acquisition. The group facilitates repairs through its core passenger car and prestige repair centres, luxury brand centres and commercial vehicle locations.

Steer is a key partner for the UK’s leading vehicle insurers, accident management companies and OEM dealerships, holding 43 manufacturer accreditations, including recommendation and approval for major brands such as Porsche, Rolls Royce, Bentley, McLaren, Lamborghini, Aston Martin, JLR, Tesla, Mercedes Benz, Volkswagen Group, Stellantis and Ford.

See more about Steer

Note: The figures on this page are provided at the time of Oakley signing the acquisition of Steer Automotive Group.

“

Oakley is a great fit for our business and complements our experience. We see potential to further grow our share of the market by building a unique sector-leading proposition that’s well positioned to meet the evolving needs of our clients, sustaining our focus on customer care and service quality.

Richard Steer Founder, Steer Automotive Group

Steer Automotive Group
Percentage of UK repair market represented

6%

See Business Services overview

Steer Automotive Group
Vehicles repaired per year

>115,000

See Business Services portfolio

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Downloads

Half Year Report 2024
PDF (4,97 MB)
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  • © 2024 Oakley Capital Investments
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