AIM-listed firm Oakley Capital Investments has poached Del Huse from UK turnaround house Endless and made him a managing director.
He has been hired to focus on deal origination in the UK and European mid-market and joins after serving two years at Endless, where he led the London operation from February 2008 to May 2010, specialising in the provision of financial investment and turnaround expertise to businesses facing challenges or finding themselves in special situations.
Before his turn at Endless, Huse was an M&A partner at Zolfo Cooper for five years, having initially trained as a chartered accountant at Arthur Andersen.
Peter Dubens of Oakley said, “The limited partnership’s focus continues to be on the turnaround of underperforming assets in consolidating or growth industries or within sectors which are subject to structural change, and I believe that Del brings with him valuable experience of these types of deals.”
Oakley’s Oakley Capital Private Equity fund most recently acquired a 51 per cent stake in Verivox Holdings, a European online consumer price comparison businesses for energy and telecom services. The deal went ahead last December and saw Oakley put up €16m and offer a €1m earn-out for achieving a profit target by the end of the year.
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