Oakley Capital and co-shareholders sell Contabo to KKR
Munich — Oakley Capital Fund IV and other co-shareholders have sold their shares in Contabo to KKR. Contabo is a fast-growing cloud infrastructure and hosting provider based in Munich, Germany, offering simple, easy-to-use cloud services to small businesses, developers, prosumers and gamers. With a global network of 24 data centers on four continents, Contabo serves a diverse mix of more than 250,000 customers across a wide range of industries. Kirkland & Ellis advised Oakley Capital Fund IV and other co-shareholders on the sale of Contabo to KKR.
The exit will generate a gross return in excess of 10x MM and over 100% IRR to Fund IV. As part of the transaction, Oakley Capital Fund V (“Fund V”) will acquire a minority stake in Contabo alongside majority investor KKR, to benefit from the anticipated future growth of the business. t
Advisors to Oakley Capital Fund IV and other co-shareholders: Kirkland & Ellis, Munich
Dr. Benjamin Leyendecker (photo), Dr. David Huthmacher, Dr. Christoph Jerger (all lead, all Private Equity/M&A), Dr. Anna Schwander (Corporate), Dr. Thomas S. Wilson (Antitrust & Competition, Brussels); Associates: Dr. Thomas Diekmann, Dr. Marcus Commandeur, Lukas Fellhölter, Juliane Hubert, Dr. Tamara Zehentbauer (all Private Equity/M&A)
Advisors to Oakley Capital Fund V: Kirkland & Ellis, London
Jacob Traff, David Higgins (both lead); Associate: Karsten Silbernagel (all Private Equity/M&A)
About Kirkland & Ellis
With more than 3,000 lawyers in 19 offices worldwide, Kirkland & Ellis is one of the leading international commercial law firms. The Munich team provides focused advice in the areas of private equity, M&A, corporate, capital markets, restructuring, financing and tax law.