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Investment Summary

Investcorp Invests In Al Borg Diagnostics

On November 22, 2016, asset manager Investcorp invested in life science company Al Borg Diagnostics

Investment Highlights
  • This is Investcorp’s 1st transaction in the Life Science sector.
  • This is Investcorp’s 6th transaction in Saudi Arabia.

Investment Summary
Date 2016-11-22
Target Al Borg Diagnostics
Sector Life Science
Investor(s) Investcorp
Deal Type Stake Purchase

Target

Al Borg Diagnostics

Riyadh, Saudi Arabia
Al Borg Diagnostics has 53 laboratories across eight countries in the GCC and Africa, with a clear leadership position in Saudi Arabia. Employing over 900 personnel, Al Borg offers a wide range of routine and specialty medical laboratory testing services to hospitals, clinics, corporates and individuals. Al Borg Diagnostics was founded in 1999 and is based in Riyadh, Saudi Arabia.

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Investor(S) 1

Investor

Investcorp

New York, New York, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1982
PE ASSETS 53.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp is a global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.

DEAL STATS #
Overall 126 of 189
Sector: Life Science M&A 1 of 4
Type: Stake Purchase M&A Deals 11 of 12
Country: Saudi Arabia M&A 6 of 7
Year: 2016 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-08 Calligo

St. Helier, Channel Islands

Calligo is a provider of cloud solutions focused on serving the global mid-tier enterprise segment. The company’s proprietary cloud platform offers the highest levels of data privacy along with application performance guarantees, commercial flexibility and a personalised support service. Calligo was founded in 2012 and is based in St.Helier, Channel Islands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 InCred

Mumbai, India

InCred is focused on providing lending services in three sectors, namely small & medium enterprises (SME), education and consumer loans. InCred leverages top-of-the-class technology and credit analytics to generate superior risk adjusted returns. InCred was founded in 2016 and is based in Mumbai, Maharashtra.

Buy -
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