Oakley Capital invests £9m in French cloud software group Senef

(Sharecast News) - Investment trust Oakley Capital Investments said on Tuesday that its Origin II fund had agreed to invest roughly £9m in French cloud software solutions firm Groupe Senef. Oakley said its investment will support Senef's "next phase of growth", while also preserving its "entrepreneurial DNA, culture and values".

The FTSE 250-listed trust said its investment would enable Senef to continue investing in product innovation, including the integration of advanced automation and AI capabilities into its solutions, while also pursuing selective strategic acquisitions to broaden its product capabilities and market reach.

Oakley added that the investment also reflected its "growing momentum" in France.

Peter Dubens, Oakley Capital's co-founder and managing partner, said: "Senef is a great example of the type of founder-led business we seek to partner with. Momar and Tariq have built a company that is firmly rooted in the realities of its customers and the industries they serve. Our role is to support their ambition and long-term vision, while preserving the entrepreneurial culture and values that have been central to Senef's success."

As of 1015 GMT, Oakley shares had ticked up 0.15% to 473.70p.





Reporting by Iain Gilbert at Sharecast.com

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