Oakley Capital Investments (GB:OCI) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Oakley Capital Investments Limited has announced its investment in Assured Data Protection, a provider specializing in Backup, Disaster Recovery, and Cyber Resiliency services. The investment, subject to regulatory approval, will support Assured’s rapid growth in a market expected to quintuple over the next five years amid rising cyber threats. Oakley’s contribution to the deal is approximately £26 million, which will bolster Assured’s strong recurring revenue base and support its global expansion, particularly in the US.
For further insights into GB:OCI stock, check out TipRanks’ Stock Analysis page.