Investment Summary

Foursan Group Invests In Arab Orient Insurance Co.

On January 7, 2005, private equity firm Foursan Group invested in insurance company Arab Orient Insurance Co.

Investment Highlights
  • This is Foursan Group’s 1st transaction in the Insurance sector.
  • This is Foursan Group’s 3rd transaction in Jordan.
Investment Fate
  • Arab Orient Insurance Co. was sold to a publicly-traded strategic buyer in 2008.
  • Arab Orient Insurance Co. was sold to a strategic buyer in 2008.

Investment Summary

Date 2005-01-07
Target Arab Orient Insurance Co.
Sector Insurance
Investor(s) Foursan Group
Deal Type Stake Purchase

Target

Arab Orient Insurance Co.

Amman, Jordan
Arab Orient Insurance Co. is one of the leading insurance companies in the region and its reputation is synonymous with reliability and quality.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Foursan Group

Amman, Jordan

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Foursan Group is a private equity firm focused on opportunities in the Middle East. Foursan has launched multiple growth capital funds in partnership with leading regional and global investors to invest across a broad range of industries in the financial services, education, pharmaceutical, healthcare, aviation, and food/beverage sectors.


DEAL STATS #
Overall 3 of 18
Sector: Insurance M&A 1 of 1
Type: Stake Purchase M&A Deals 2 of 7
Country: Jordan M&A 3 of 14
Year: 2005 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-09 XPress Telecommunication Co.

Jordan

XPress Telecommunication is a wireless telecommunication operator that provides cellular phone services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-18 Alisra for Education & Investment

Amman, Jordan

Alisra for Education & Investment is a holding company that operates Al-Isra Private University, a university providing four-year undergraduate degrees to nearly 7,000 Jordanian and foreign students. The university operates from a 400 dunum campus located a few kilometers south of Amman. Alisra for Education & Investment was founded in 1991 and is based in Amman, Jordan.

Buy -