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OCL : Oakley Capital buys majority stake in Facile.it
Oakley Capital, through OCPE II Master LP, is investing €27m into the acquisition of a majority stake in Facile.it, Italy’s largest car insurance broker and online price comparison website.
Oakley is excited by the prospects for the business – just 10% of car insurance is bought online in Italy vs. 80% in a market such as the UK.
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