Oakley Capital Acquires Majority Stake in Seven Miles

August 25, 2019

Oakley Capital has agreed to acquire a majority stake in Seven Miles GmbH, a German consumer-technology business operating multi-brand gift voucher platforms including Wunschgutschein and WishCard. Oakley will partner with founders Tom Schröder and Valentin Schütt to accelerate the company’s digital platform, product innovation and DACH growth; Seven Miles connects over 500 brands and 60,000 points of sale and reported gift solution sales in excess of €100m in 2019.

Buyers
Oakley Capital
Targets
Seven Miles GmbH
Industry
Retail
Location
North Rhine-Westphalia, Germany
Transaction Type
Buyout

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