IDEAL Holdings is thrilled to announce its strategic partnership with Oak Hill Advisors (OHA), a global investment leader, securing over €300M in funding to accelerate our growth and reinforce its investment strategy in the Greek market.
Mr. Lampros Papakonstantinou, Executive Chairman of IDEAL Holdings, commented: "We are proud to partner with a world-class investor like OHA. Their valuation of our holdings for a minority stake at €410M underlines the strength of our strategy and the real value of our share price. We look forward to working closely with them to create long-term value for all stakeholders."
Oak Hill Advisors brings 30+ years of investment experience, managing $88B across global markets, and is part of T. Rowe Price Group, Inc. (NASDAQ: TROW), which manages $1.6T in assets.
A big thank you to AXIA Ventures Group, Reed Smith, Sarantitis Law Firm, Paul Weiss, NautaDutilh, Papapolitis & Papapolitis, L. Papaphilippou & Co LLC, Antis Triantafyllides & Sons LLC, and PwC for their valuable contributions to this transaction.
This marks an exciting new chapter for IDEAL Holdings as we drive our expansion forward.