Peter Dubens’ Oakley Capital nets £222m

Peter Dubens, the entrepreneur behind Oakley Capital, will have a big smile on his face today, for his AIM-listed investment company has just sold one of its investments for a whopping £222m.

The company, Host Europe Corporation, was acquired by Oakley Capital in April 2008 for just £128m – so the £222m sale will yield a significant profit.

“Host Europe has performed consistently well since Oakley acquired the business in 2008,” Peter Dubens comments. “On completion, this will represent a significant disposal for the fund and achieves a good return for investors over a difficult economic period.”

Oakley Capital sold Host Europe – which includes the web hosting brands 123reg and Webfusion – to Montague Private Equity. 123reg is the UK market leader for domain name registration while Webfusion is the UK’s second largest shared hosting provider.

In June, Peter Dubens’ Oakley Capital also sold another of its best performing companies, Humyo – the online storage firm set up by Dan Conlon (of Donhost fame) – to Trend Micro.

Although Humyo’s sale price wasn’t disclosed, IT news website The Register estimates it would have been between £10m and £15m.

Peter Dubens was on the cover of the June issue of Real Business – read the in-depth piece here.

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