Oakley Capital Investments Limited reports that the Oakley Capital Origin Fund II is investing in Infravadis, a tech-enabled platform focused on the >€25bn European underground infrastructure maintenance market. The investment marks the first step in a buy-and-build strategy to create a category leader in an essential and highly fragmented sector.
The trust’s indirect contribution to the deal, via its investment in Origin II, is anticipated to be about £5m.
Infravadis will be led by an experienced team including incoming chairman Axel Granitz, former CEO of property damage control specialist Polygon.
To kick things off, Infravadis has acquired a majority stake in Frankfurt-based Abfluss Schäfer Group, which is a market leader in sewage cleaning, pipe inspection and repair services. That business is led by founder and CEO Michael Legère. Abfluss Schäfer serves both commercial and residential customers and has achieved over 20% annual revenue growth over the last eight years. Its success is underpinned by a fully digitised workflow system that has driven industry-leading profitability, a model that Infravadis plans to replicate across future acquisitions. Michael will continue to lead Abfluss Schäfer and support the wider strategy.
Following this first acquisition, Infravadis is now focused on expanding its regional footprint in Germany and is actively pursuing a deep pipeline of potential deals. Oakley will support Infravadis by leveraging its expertise in buy-and-build strategies and helping to develop and scale the platform.
This investment opportunity was sourced on a bilateral basis through Oakley’s network. The transaction is expected to close in Q2 2025.
OCI : Oakley backs underground infrastructure specialist Infravadis