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Peter Durbens, the former chairman of telecoms and IT giant Daisy Group, has bought a minority stake in the company for £39m through Oakley Capital Investments Ltd.
was taken private by founder Matt RileyHe is founder and director of Oakley Capital Investments which has acquired a minority stake in Daisy from Matt Riley and his institutional funder Toscafund for a consideration of approximately £39m.
In addition, OCIL has provided £14.0m directly to Daisy in the form of mezzanine finance.
"We look forward to working with our fellow shareholders and the management team to generate further growth and value over the coming years.
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