LONDON – Oakley Capital Investments Limited (OCI) said on Wednesday that Oakley Capital Fund VI will invest in Paraty Tech, a Malaga-based hotel demand generation platform, in a deal that underscores Oakley’s focus on founder-led technology businesses in Iberia.
OCI’s indirect contribution via Fund VI is expected to be around £8 million, reflecting its share of Oakley’s investment in Paraty.
Founded in 2012 by siblings Gina and Franz Matheis, Paraty Tech provides cloud-based software that enables hotels to manage direct reservations, pricing and availability through online and offline channels. The platform has gained traction among independent hotels and chains across Iberia, with growing operations in Latin America and the United States.
Oakley said it will support Paraty’s international expansion and pursue acquisitions in the fragmented travel technology sector. The investment builds on Oakley’s track record in Iberia, following deals in ERP SaaS provider Grupo Primavera and legaltech firm vLex, which was recently sold at a $1 billion valuation.
Peter Dubens, Oakley Capital co-founder and managing partner, said the firm sees “significant opportunity to back fast-growing, founder-led technology businesses across Iberia.” Paraty Tech CEO Gina Matheis said Oakley’s experience with Iberian founders made it a “natural choice” as a partner.