M&A Deal Summary

The Abraaj Group Acquires EA Global Holdings

On March 1, 2009, asset manager The Abraaj Group acquired media company EA Global Holdings

Acquisition Highlights
  • This is The Abraaj Group’s 8th transaction in the Media sector.
  • This is The Abraaj Group’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2009-03-01
Target EA Global Holdings
Sector Media
Buyer(s) The Abraaj Group
Deal Type Buyout (LBO, MBO, MBI)

Target

EA Global Holdings

Malaysia
EA Global Holdings is a niche information technology outsourcing (ITO) company based in Malaysia that serves the US utilities and government sectors. EA provides enterprise resource planning (ERP) software consulting and outsourcing services to this market. EA has a strong partnership with SAP, the largest and dominant IT enterprise applications company globally. EA is SAP’s preferred partner for the mid-cap utilities niche market and enjoys a constant flow of sales referrals from SAP.

Search 214,600 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

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 69 of 182
Sector: Media M&A 8 of 16
Type: Buyout (LBO, MBO, MBI) M&A Deals 64 of 144
Country: Malaysia M&A 1 of 4
Year: 2009 M&A 5 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-01 MediaQuest

Dubai, United Arab Emirates

MediaQuest Corp. is a leading media house involved predominantly in the magazine publishing business. It has 4 business divisions, publishing, media representation, conference services, and online media. All business divisions are based out of Dubai and also represented through offices in Saudi Arabia, Tunisia and Algeria.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-01 Karachi Electric Supply Co.

Karachi, Pakistan

Karachi Electric Supply Company (KESC), incorporated in 1913, is the only remaining vertically integrated power utility in Pakistan with exclusive franchising rights to serve Karachi, Pakistan’s largest city, and its surrounding areas. It has a 2.3 million-strong customer base, a workforce of more than 17,000 employees and is listed on all three Pakistan stock exchanges.

Buy -