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By Lars Mucklejohn Private equity firm Oakley Capital has sold the digital learning platform Ocean Technologies Group (OTG) to the maritime classification society Lloyd’s Register for an undisclosed sum. London-listed Oakley said on Monday that the sale of its majority stake in OTG would generate a gross return of around 2.7 times money multiple to its Fund IV. It added that the transaction was “broadly in line” with OTG’s carrying value as of 31 March 2024. Oakley’s look-through share of proceeds is expected to be roughly £50m. OTG provides outsourced online learning resources for shipowners …

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