Oakley Capital partners with Groupe Senef

Summary by AI BETAClose X

Oakley Capital Investments Limited announced that its Origin II fund has invested approximately £9 million in Groupe Senef, a French provider of cloud vertical software solutions for people-intensive services. This investment will support Senef's growth, product innovation including AI capabilities, and potential strategic acquisitions. Isatis Capital, a minority shareholder since 2023, is exiting its stake as part of the transaction.

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Oakley Capital Investments Limited
17 March 2026
 

17 March 2026

Oakley Capital Investments Limited

Oakley Capital Investments Limited1 ("OCI") is pleased to announce that Oakley Capital Origin Fund II2 ("Origin II") has agreed to invest in Groupe Senef, a provider of cloud vertical software solutions in France.

OCI's indirect contribution via Origin II amounted to c.£9 million, which relates to OCI's share of Oakley's investment in Groupe Senef.

Further details on the transaction can be found in the below announcement from Oakley Capital3.

Oakley Capital partners with Groupe Senef, a French provider of cloud vertical software solutions

Oakley Capital ("Oakley"), a leading European mid-market private equity investor, has agreed to invest in Groupe Senef ("Senef"), a provider of cloud vertical software solutions in France. As part of the transaction Isatis Capital, a minority shareholder since 2023, is fully exiting its stake in the business.

Founded in 2010 by Momar Mbaye and Tariq Hamadouch, Senef develops mission-critical software solutions for people-intensive services businesses, including commercial cleaning, home care services, security and hospitality. The company supports c.2,000 clients with software that is central to their daily operations, covering back-office administration, workforce management, payroll, compliance and invoicing.

These sectors are characterised by labour-intensive, on-site operations and complex regulatory environments, where deeply embedded systems of record remain critical to coordinating daily activities, and where artificial intelligence is increasingly augmenting existing workflows. This creates significant opportunities for modern vertical software platforms such as Senef that sit at the centre of operational data and compliance.

From the outset, Senef has been built around a clear purpose: to put technology at the service of its customers, simplifying complex and highly regulated operational environments while remaining intuitive for teams working in the field, in markets where labour shortages, regulatory complexity and non-discretionary demand are accelerating the adoption of modern software solutions. 

Oakley's investment will support Senef's next phase of growth while preserving the company's entrepreneurial DNA, culture and values. In line with its long-standing founder-first approach, Oakley partners closely with entrepreneurs to help scale their businesses sustainably. This will enable Senef to continue investing in product innovation, including the integration of advanced automation and AI capabilities into its solutions, while also pursuing selective strategic acquisitions to broaden its product capabilities and market reach.

Jim Darragh, former CEO of TotalMobile, a leading provider of field service management software, will join the board as part of the transaction, bringing significant experience in developing and scaling mission-critical software businessses.

This investment also reflects Oakley Capital's growing momentum in France. In recent years, Oakley has backed leading French technology businesses including customer engagement platform Brevo and cybersecurity services provider I-Tracing, reinforcing its long-term commitment to supporting founder-led companies across the French market.

 

Peter Dubens, Co-Founder and Managing Partner of Oakley Capital, said: "Senef is a great example of the type of founder-led business we seek to partner with. Momar and Tariq have built a company that is firmly rooted in the realities of its customers and the industries they serve. Our role is to support their ambition and long-term vision, while preserving the entrepreneurial culture and values that have been central to Senef's success."

 

Groupe Senef Co-Founders Momar Mbaye and Tariq Hamadouch, said: "Oakley Capital is an ideal partner for Senef as we enter the next stage of our journey. Their founder-first philosophy and long-term mindset strongly align with our own values and ambitions. This partnership allows us to move forward with confidence, while remaining true to what defines Senef: high standards, a strong entrepreneurial spirit and a clear focus on delivering real impact for our customers and their teams."

 

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For further information please contact:

 

Oakley Capital Limited

+44 20 7766 6900

Steven Tredget

 

Greenbrook

+44 20 7952 2000

Rob White / Michael Russell / Theo Bryan

 

Deutsche Numis (Financial Adviser & Broker)

+44 20 7260 1000

Nathan Brown / Matt Goss

 

Notes:

LEI Number: 213800KW6MZUK12CQ815

1 About Oakley Capital Investments Limited ("OCI")

OCI is a closed-ended investment fund trading on the main market of the London Stock Exchange as an Official List Company. OCI aims to provide shareholders with consistent long-term capital growth in excess of the FTSE All-Share Index by providing liquid access to private equity returns through investment in the Oakley Funds.

A video introduction to OCI is available at https://oakleycapitalinvestments.com/videos/

The contents of the OCI website are not incorporated into, and do not form part of, this announcement.

2 The Oakley Funds

Oakley Capital Private Equity II, Oakley Capital Private Equity III, Oakley Capital IV, Oakley Capital V, Oakley Capital VI, Oakley Capital Origin and Oakley Capital Origin II are unlisted lower-mid to mid-market private equity funds that aim to provide investors with significant long-term capital appreciation. The investment strategy of the Funds is to focus on buy-out opportunities in industries with the potential for growth, consolidation and performance improvement. The Oakley family of funds also includes Oakley PROfounders Fund III and Oakley Touring Venture Fund, which are venture capital funds focused on investments in entrepreneur-led, disruptive, technology led companies.

3 Oakley Capital, the Investment Adviser

Founded in 2002, Oakley Capital Limited has demonstrated the repeated ability to source attractive growth assets at attractive prices. To do this it relies on its sector and regional expertise, its ability to tackle transaction complexity and its deal generating entrepreneur network.

Important information

Oakley Capital Investments has now been admitted to the Official List of the Financial Conduct Authority. Therefore, the Company is now required to satisfy the eligibility criteria for admission to listing on the Official List, and is required to comply with the Financial Conduct Authority's Listing Rules, including in relation to transactions with related parties, financial reporting, contents of shareholder circulars and other continuing obligations.

This announcement may include "forward-looking statements". These forward-looking statements are statements regarding the Company's objectives, intentions, beliefs or current expectations with respect to, amongst other things, the Company's financial position, business strategy, results of operations, liquidity, prospects and growth. Forward-looking statements are subject to risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Accordingly, the Company's actual future financial results, operational performance and achievements may differ materially from those expressed in, or implied by, the statements. Given these uncertainties, prospective investors are cautioned not to place any undue reliance on such forward-looking statements, which speak only as at the date of this announcement. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect actual results or any change in the Company's expectations with regard to them or any change in events, conditions or circumstances on which any such statements are based unless required to do so by the Financial Services and Markets Act 2000, the Listing Rules or Prospectus Regulation Rules of the Financial Conduct Authority or other applicable laws, regulations or rules.

 

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