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Oakley Capital Sells vLex to Clio in $1 Billion Deal

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Oakley Capital Sells vLex to Clio in $1 Billion Deal

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Oakley Capital Investments ( (GB:OCI) ) has shared an announcement.

Oakley Capital Investments Limited has announced that its Oakley Capital Origin Fund has agreed to sell the legaltech platform vLex to Clio, a global leader in legal technology. The transaction values vLex at US$1 billion, marking it as one of the few Spanish technology start-ups to achieve unicorn status. As part of the deal, Origin will partially reinvest in the combined business with vLex’s founders, aiming to capitalize on expected future growth. This strategic move is expected to enhance Oakley’s position in the legal technology sector, offering significant cross and up-selling opportunities as law firms increasingly adopt digital solutions.

The most recent analyst rating on (GB:OCI) stock is a Buy with a £6.60 price target. To see the full list of analyst forecasts on Oakley Capital Investments stock, see the GB:OCI Stock Forecast page.

Spark’s Take on GB:OCI Stock

According to Spark, TipRanks’ AI Analyst, GB:OCI is a Outperform.

Oakley Capital Investments exhibits a solid overall score driven by a robust balance sheet and attractive valuation. However, income volatility and bearish technical indicators present challenges. Strategic share buybacks are a positive corporate event, indicating management’s confidence and providing support to the stock’s outlook.

To see Spark’s full report on GB:OCI stock, click here.

More about Oakley Capital Investments

Oakley Capital Investments Limited (OCI) is a Specialist Fund Segment traded investment vehicle that aims to provide shareholders with consistent long-term capital growth in excess of the FTSE All-Share Index by offering liquid access to private equity returns through investment in the Oakley Funds. Oakley Capital, founded in 2002, is a leading pan-European private equity investor focusing on buy-out opportunities in growth industries.

Average Trading Volume: 271,524

Technical Sentiment Signal: Strong Buy

Find detailed analytics on OCI stock on TipRanks’ Stock Analysis page.

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