M&A Deal Summary |
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Date | 2008-08-01 |
Target | Custodian & Allied Insurance . |
Sector | Insurance |
Buyer(s) | The Abraaj Group |
Deal Type | Buyout (LBO, MBO, MBI) |
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Category | Asset Manager |
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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 | # |
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Overall | 56 of 182 |
Sector (Insurance) | 2 of 3 |
Type (Buyout (LBO, MBO, MBI)) | 51 of 144 |
Country (Nigeria) | 2 of 5 |
Year (2008) | 14 of 22 |
DATE | TARGET | DEAL TYPE | VALUE |
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2008-08-01 |
Leasing Group
Kazakhstan Leasing Group started operations in 2005 in Kazakhstan. Its primary business is financial leasing with a focus on small and mid-sized companies. The group hires out construction and mining equipment, transportation vehicles and various manufacturing equipment. As of the end of 2011, the value of the leasing portfolio reached US$ 12.4 million, the number of lease agreements was 184, with 44 lessees. Since investment, the company has returned US$ 1.29 million in loan and interest repayments (13% of investment cost). |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2008-08-30 |
Numarine Denizcilik San. Tic. A.$.
Istanbul, Turkey Numarine manufactures and markets branded luxury motor yachts using vacuum assisted infusion technology. The Company's target markets include Western Europe, Turkey, Russia, Middle East, and West Africa, and has a steadily growing reputation in the boat-building world and distinguishes itself based on its technology, superior quality and competitive pricing. |
Buy | - |