DLA Piper has advised Oakley Capital on the structuring and equity arrangements relating to the acquisition by Oakley Capital of a majority stake in the European operations of Damovo II Sarl.

As part of the transaction, Matthew Riley, founder of the Daisy Group, invested alongside Oakley Capital and has been appointed as the executive chairman of the new business.

The transaction was led by partner Anu Balasubramanian with assistance from partners David Thompson and Alexandra Kamerling, associates James Hickling, Katherine Gibson, Carlene Nichol and Sally Brown and trainees Hallam Lyall Grant and Jonathan Salt.

Anu Balasubramanian commented "We are delighted to have had the opportunity to advise Oakley on another successful transaction."