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Oakley Capital Acquires Seagull and Videotel

May 14, 2019

London – Paul Hastings LLP announced today that the firm has represented Oakley Capital, a leading Western Europe-focused private equity firm, on its agreements to acquire leading maritime e-learning businesses Seagull and Videotel. Oakley Capital partnered with the management teams of Seagull and Videotel to acquire majority stakes in the businesses from their current shareholders, Herkules Private Equity and KVH Industries, respectively.

The Paul Hastings team was led by Matthew Poxon and Oakley Capital relationship partner Anu Balasubramanian, and included corporate associates Aimee Fabri, Catherine Kennedy and Steven King alongside senior tax associate Jiten Tank. Paris partner Pierre Kirch and associates Joséphine Forquet and Anna-Lia Meyer advised on antitrust matters. Schjodt, led by corporate partner Einar Caspersen and corporate associate Hannah Advocaat Lund advised on the Norwegian law aspects of the transaction.

Paul Hastings has now advised Oakley Capital on six transactions since the beginning of 2019, following the acquisitions of Mystic and Ekon and the arrangements with Rastreator and Acierto earlier this year.

Since April 2018, the London office of Paul Hastings has advised private equity sponsors on more than 10 closed deals, with a total transaction value in excess of €6 billion.

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