Oakley Capital to buy majority stake in PE-backed TechInsights
An affiliate of Bermuda private equity firm Oakley Capital Investments has agreed to acquire a majority stake in TechInsights, an Ottawa-based provider of intellectual property consulting, patent brokerage, and technical reverse engineering. Oakley said it expects to invest $49.9 million in the business. The seller is AXIO Group Management Ltd, a portfolio company of Electra Private Equity, a U.K. private equity firm. Oakley will partner in the deal with AXIO CEO Henry Elkington, who will become TechInsights’ chairman with the acquisition’s close.
16 May 2017•3 mins read
