M&A Deal Summary |
|
|---|---|
| Date | 2010-12-01 |
| Target | Condor Travel |
| Sector | Leisure |
| Buyer(s) | The Abraaj Group |
| Deal Type | Buyout (LBO, MBO, MBI) |
SEARCH BY
| Category | Asset Manager |
|---|---|
| Founded | 2002 |
| PE ASSETS | 7.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 100 of 182 |
| Sector: Leisure M&A | 4 of 6 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 92 of 144 |
| Country: Peru M&A | 2 of 3 |
| Year: 2010 M&A | 16 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-01 |
The 47th
New Cairo, Egypt The 47th is a grade “A” office and retail property of New Cairo, Egypt, which was built in 2009. The Abraaj Group purchased the property in 2010 as part of its strategy to take advantage of growth opportunities emerging across North Africa following regional political changes. The building in the upcoming 5th district has attracted a number of leading multinationals as tenants, including Bristol-Myers Squibb, Fujitsu and GlaxoSmithKline. Despite political uncertainty, the investment has performed in line with expectations, retaining its 2010 value and yielding regular rental income. Our targeted leasing strategy has led to an increase in occupancy rate from 84% to 96% within 12 months. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-22 |
Network International Holdings
Dubai, United Arab Emirates Network International comprises of a group of companies and is a leading enabler of digital commerce across the Middle East and Africa (MEA) region, providing a full suite of technology-enabled payments solutions to merchants and financial institutions of all types and sizes, including acquiring and processing services and a comprehensive ever-evolving range of value-added services. Network International was founded in 1994 and is based in Dubai, United Arab Emirates. |
Buy | - |
