Oakley Capital invests in Emesa
Private equity firm Oakley Capital has acquired a majority stake in e-commerce business Emesa, providing €11.85m of equity as well as €15.4m senior and mezzanine financing.
The capital will be used for further expansion in the Dutch and European market. Management team and company founder will keep a significant stake in the company.
The investor was attracted to Emesa because as it considers the company to have developed an unique sales channel for the leisure market with potential for international expansion.
Based in Amsterdam, Emesa is an online consumer auction platform offering short holiday deals, spa and beauty visits, event tickets and restaurant visits. The company was founded in 2004 and operates three Dutch websites. Emesa employs about 75 people and completed 950,000 transactions in 2010.
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