Oakley Sells Stake in atHome Group to Apax

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Oakley sells stake in atHome

Oakley Capital Investments Ltd. announced on Thursday that it expects to gain roughly £16 million ($21.5 million) following the sale of atHome Group, Luxembourg’s top property and automotive marketplace, by Oakley Capital Ltd. and Mayfair Equity Partners.

The sale, finalized Wednesday, was made to global private equity powerhouse Apax Partners LLP for an undisclosed amount. Oakley said the transaction represents a “material uplift” compared with the investment’s previous valuation as of June 30, underscoring the platform’s strong growth trajectory.

A Digital Market Leader Changes Hands

Founded as part of a carve-out from REA Group in 2017, atHome has evolved under Oakley’s stewardship into a dominant digital hub for real estate, automotive, and financial services in Luxembourg. Oakley later sold a majority stake to Mayfair Equity Partners in 2020, paving the way for the firm’s expansion across multiple sectors including mortgages, insurance, and tax solutions.

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Oakley managed its investment in atHome through Oakley Capital Fund III, which has consistently targeted high-growth European tech and consumer companies.

Peter Dubens, co-founder of Oakley Capital, praised the transaction as a testament to strategic growth and collaboration.

“From our initial acquisition of atHome via a corporate carve-out to our partnership with Mayfair, atHome has grown into a digital market leader and consumer champion with a bright future ahead,” Dubens said.