Investment Summary

NBK Capital Partners Invests In Hanco

On April 1, 2008, private equity firm NBK Capital Partners invested in consumer services company Hanco

Investment Highlights
  • This is NBK Capital Partners’ 1st transaction in the Consumer Services sector.
  • This is NBK Capital Partners’ 1st transaction in Saudi Arabia.

Investment Summary
Date 2008-04-01
Target Hanco
Sector Consumer Services
Investor(s) NBK Capital Partners
Deal Type Stake Purchase

Target

Hanco

Al Bukayriyah, Saudi Arabia
Hanco is one of the largest fleet leasing and rental providers in Saudi Arabia. Hanco’s customer base is primarily corporate and includes blue chip clients such as SABIC, STC, British Aerospace and Exxon Mobil.

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Investor(S) 1

Investor

NBK Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
PE ASSETS 720M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

NBK Capital Partners is a private equity firm that makes investments in middle-market companies headquartered in the GCC, Turkey, the Levant and North Africa with high growth potential and significant opportunities for value creation. The Firm looks to invest between $10 to $60 million for companies with EBITDA typically ranging between $3 to $25 million. Sectors of interest include education, energy services and equipment, consumer products/services, and food. NBK Capital Partners was formed in 2005 and is based in Dubai, United Arab Emirates.

DEAL STATS #
Overall 2 of 25
Sector (Consumer Services) 1 of 1
Type (Stake Purchase) 1 of 3
Country (Saudi Arabia) 1 of 5
Year (2008) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-13 Yudum Gida Sanayi ve Ticaret A.S

Istanbul, Turkey

Yudum was the vegetable oil company in the Turkish market and formerly a division of Unilever Turkey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-01 Nayifat Installment

Riyadh, Saudi Arabia

Nayifat is a provider of Sharia compliant loans to consumers and SMEs in Saudi Arabia.

Buy -
Mergr

Product

Company

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