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  5. Saham Group SA Acquires ECCO Outsourcing SAE

M&A Deal Summary

Saham Group SA Acquires ECCO Outsourcing SAE

On March 10, 2015, Saham Group SA acquired business services company ECCO Outsourcing SAE from The Abraaj Group

Acquisition Highlights
  • This is Saham Group SA’s 1st transaction in the Business Services sector.
  • This is Saham Group SA’s 1st transaction in Egypt.

M&A Deal Summary
Date 2015-03-10
Target ECCO Outsourcing SAE
Sector Business Services
Buyer(s) Saham Group SA
Sellers(s) The Abraaj Group
Deal Type Add-on Acquisition

Target

ECCO Outsourcing SAE

Cairo, Egypt
ECCO Outsourcing SAE is a provider of multi-channel CCO, BPO, customer relationship management (CRM) services, human resource outsourcing, IT outsourcing and training services.

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Buyer(S) 1

Buyer

Saham Group SA

Casablanca, Morocco
Category Company
Founded 1995
Sector Insurance
DESCRIPTION

Saham Group SA is a provider of insurance, customer relationship assistance, healthcare, and real estate business activities in Africa and the Middle East. Saham Group is conscious of its economic and social responsibility; it initiates and implements ambitious development projects in Africa through its corporate foundation. It strives to strengthen equal opportunity via two principal programs to encourage entrepreneurship and to improve access to healthcare.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Egypt) 1 of 1
Year (2015) 1 of 1

Seller(S) 1

SELLER

The Abraaj Group

Dubai, United Arab Emirates
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 17 of 30
Sector (Business Services) 2 of 3
Type (Add-on Acquisition) 8 of 14
Country (Egypt) 4 of 4
Year (2015) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-23 Hepsiburada

Istanbul, Turkey

Hepsiburada is an e-commerce technology platform combining a globally proven e-commerce business model with a one-stop 'Super App' to cater to our customers' everyday needs and to help make people's daily lives better. Customers can access a broad range of products and services including same-day delivery of groceries and essentials, products from international merchants, airline tickets, and payment services through Hepsiburada's embedded digital wallet, HepsiPay. Hepsiburada was formed in 2000 and is based in Istanbul, Turkey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-09 Kudu

Riyadh, Saudi Arabia

Kudu is one of Saudi Arabia’s major domestic Quick Service Restaurant (QSR) chains, operating over 280 restaurants across a portfolio of brands. Kudu was founded in 1988 and is based in Riyadh, Saudi Arabia.

Buy -
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