Submitted by Andie Bernard on November 04, 2016 - 09:15am
November 3, 2016—Paris, France—Tikehau IM, a leading independent European Asset Manager, today announced it has arranged a €30 million add-on to the existing senior facilities provided by Goldman Sachs Specialty Lending Group (GSSLG) for OASIS Group. This add-on will be used by OASIS Group to finance its external growth strategy mostly focused on Western Europe.
Founded in 1999, OASIS is one of the fastest growing and most dynamic companies in the records and information management (RIM) industry. Based in Dublin, with offices in Belgium, the Netherlands, Republic of Ireland, Northern Ireland and Great Britain, and a team of 300 employees, OASIS offers a complete RIM service platform enabling its clients to harness the power of information. OASIS serves 4,700 clients, mostly in the financial, legal, health, public administration and education sectors.
The Oasis management team led by Dennis Barnedt is supported by two US private mid-market funds, Housatonic and Sverica Capital, and is pursuing a strategy to further consolidate the highly fragmented RIM market in Europe by acquisitions. Their aim is to replicate with the same stakeholders the success they achieved in the US with the emergence of Access.
About Tikehau Capital:
Tikehau Capital manages €9.8 billion (as of 25 October 2016) for institutional and private investors in various asset classes (listed and private equity, credit, private debt, special situations and real estate), through its asset management subsidiary, Tikehau IM, its listed minority equity investment company, Salvepar, and its long term investment company, Tikehau Capital Partners. Majority-held by its managers alongside first-tier institutional partners, Tikehau Capital has more than 170 employees in offices in Paris, Brussels, London, Milan and Singapore.