- Oakley will invest in Alerce via its Oakley Capital Origin Fund I
- Alerce is based in Zaragoza, Spain
- Oakley is a private equity investor that focuses on mid-market companies in Europe
Oakley Capital has agreed to acquire a majority stake in Alerce, a transport management software (TMS) provider, via its Oakley Capital Origin Fund I.
Oakley will invest alongside Alerce’s founding family, including CEO Pablo Pardo Garcia, who will retain a stake in the company.
Alerce is based in Zaragoza, Spain.
“Carrier TMS is a mission critical vertical software segment that is well positioned for innovation, and Alerce’s track record and vision align with our strategy of driving growth and technological advancement,” said Peter Dubens, founder and managing partner of Oakley.
The fragmented European transport and logistics software market will enable Alerce to leverage Oakley’s knowledge in buy-and-build strategies to expand into complementary markets, according to a release.
This transaction will also expand Oakley’s portfolio of existing investments in the region, including Grupo Primavera which was strategically combined with Cegid in 2022, WebPros, and ECOMMERCE ONE.
The completion of this transaction is subject to FDI approval.
Oakley Capital, based in London, is a private equity investor that focuses on mid-market companies across Europe.
No financial details of the transaction were disclosed.