LK Shields Solicitors advised the shareholders of Offsite Archive Storage and Integrated Services Holdings Limited (OASIS) on the sale of OASIS in a secondary buy-out backed by Montagu Private Equity (Montagu).
Serving clients since 1999, OASIS Group is one of the largest and most diverse professional record and information management companies in Europe. Headquartered in Dublin, Ireland with locations across the EU, OASIS Group employs over 300 team members and offers its services to over 5,000 clients throughout several industries including financial, legal, healthcare, government and educational sectors. Most recently, OASIS Group was awarded a position on the ‘Inc. 5000 Europe 2017’ list of fastest-growing private companies in Europe.
Brian Connolly, CEO of OASIS, said: “We are very pleased to welcome Montagu as new investors in the Company as we continue to deliver on our ambitious growth strategy. Montagu have backed similar businesses in the past and we look forward to partnering with Michal and his team.”
Dennis E. Barnedt, Founder of OASIS, added: “I am delighted that Montagu will be supporting the continued growth of OASIS going forward. OASIS has established a leading role in the industry over the years and we plan on further reinforcing this position throughout Europe with the help of Montagu.”
Richard Curran, Partner, LK Shields said: “Since 2009, OASIS Group have embarked on an ambitious growth program which has seen them enter into numerous markets across Europe. We have been delighted to assist them on this journey and this onward sale will see them go from strength to strength.”
Travers Smith also advised OASIS and NautaDutilh provided Dutch advice in relation to the sale. Montagu were advised by Weil Gotshal & Manges.