M&A Deal Summary

The Abraaj Group Acquires African Industrial Services Group

On September 1, 2013, asset manager The Abraaj Group acquired diversified company African Industrial Services Group

Acquisition Highlights
  • This is The Abraaj Group’s 1st transaction in the Diversified sector.
  • This is The Abraaj Group’s 1st transaction in Ivory Coast.

M&A Deal Summary

Date 2013-09-01
Target African Industrial Services Group
Sector Diversified
Buyer(s) The Abraaj Group
Deal Type Buyout (LBO, MBO, MBI)

Target

African Industrial Services Group

Abidjan, Ivory Coast
website
African Industrial Services Group is an engineering services and component manufacturing and distribution company that provides end-to-end engineering solutions for West Africa’s largest industrial firms.

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Buyer(S) 1

Buyer

The Abraaj Group

Dubai, United Arab Emirates

website


Category Asset Manager
Founded 2002
PE ASSETS 7.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Abraaj Capital Limited is a private equity firm that seeks investments in the Middle East, North Africa, and South Asia. Abraaj looks for stable, mature businesses and uses a 'buy and build' strategy for growth. Areas of interest include aerospace, healthcare, transportation, financial services, leisure, education, energy, and manufacturing. In addition to its buyout and growth capital investments, Abraaj also invests in real estate and infrastructure. Abraaj Capital was formed in 2002 and is based in Dubai.


DEAL STATS #
Overall 148 of 182
Sector (Diversified) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 132 of 144
Country (Ivory Coast) 1 of 1
Year (2013) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-13 Rainbow Hospitals

Hyderabad, India

Rainbow has eleven glorious years of excellence in child health care behind it. It was the first corporate children's hospital in India when started on 14th November 1999 on Children's Day.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-10 Steripharma

Casablanca, Morocco

Steripharma is highly regarded in its field, abiding to high quality manufacturing standards and local production.

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