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TRADING UPDATES: Urban Logistics Adds Assets, Oakley Buys Into Dexters


TRADING UPDATES: Urban Logistics Adds Assets, Oakley Buys Into Dexters
Fri, 19th Feb 2021 10:48
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
Oakley Capital Investments Ltd - provides investors with liquid access to private equity returns through investment in the Oakley Funds - Agrees to invest in Dexters, an independent London chartered surveyor and estate agent. Oakley s indirect contribution via Fund IV will be GBP13 million. Including this deal, Oakley s liquid resources available for future deployment are estimated to be GBP176 million. Dexters has considerable scope for further growth and is well positioned to grow both organically and through new office openings and acquisitions of smaller competitors in its target areas. The estate agency market remains highly fragmented and Dexters has consistently demonstrated a track-record of accretive M&A. There is also ....

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