M&A Deal Summary

Brookfield Private Equity Acquires Network International Holdings

On June 9, 2023, private equity firm Brookfield Private Equity acquired financial services company Network International Holdings for 2.2B GBP

Acquisition Highlights
  • This is Brookfield Private Equity’s 1st transaction in the Financial Services sector.
  • This is Brookfield Private Equity’s 5th largest (disclosed) transaction.
  • This is Brookfield Private Equity’s 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2023-06-09
Target Network International Holdings
Sector Financial Services
Buyer(s) Brookfield Private Equity
Deal Type Going Private
Deal Value 2.2B GBP

Target

Network International Holdings

Dubai, United Arab Emirates
website
Network International comprises of a group of companies and is a leading enabler of digital commerce across the Middle East and Africa (MEA) region, providing a full suite of technology-enabled payments solutions to merchants and financial institutions of all types and sizes, including acquiring and processing services and a comprehensive ever-evolving range of value-added services. Network International was founded in 1994 and is based in Dubai, United Arab Emirates.

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Buyer(S) 1

DESCRIPTION

Brookfield Private Equity is the private equity arm of global asset management firm, Brookfield Asset Management. Brookfield Private Equity looks to acquire and invest in a variety of North American and European companies with broad sector interest in business services, industrials, and residential real estate. In addition to acquiring companies, Brookfield looks to invest in businesses through the public debt and equity markets, or by providing financing. Brookfield Private Equity is based in Toronto.


DEAL STATS #
Overall 23 of 23
Sector (Financial Services) 1 of 1
Type (Going Private) 6 of 6
Country (United Arab Emirates) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 5 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-06 Primary Wave

New York, New York, United States

Primary Wave is an independent publisher of iconic music catalogs. Primary Wave's music catalog consists of over 800 Top-10 singles, more than 400 hits, and some of the most legendary names in music, including Prince, Bob Marley, Whitney Houston, James Brown, Stevie Nicks, Ray Charles, Smokey Robinson, Bing Crosby, and Def Leppard, among many others. Primary Wave is based in New York City.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-03 Westinghouse Electric

Cranberry Township, Pennsylvania, United States

Westinghouse Electric is providing nuclear energy technologies, products and services to utilities around the world. Its mission is to focus on a much broader goal; using the power of intellect, collaboration and innovation to build on the legacy of our founder, and to create a cleaner, safer and sustainable carbon-free future for generations to follow. Westinghouse Electric was founded in 1884 and is based in Cranberry Township, Pennsylvania.

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