M&A Deal Summary

The Abraaj Group Acquires Oksa Maroc

On November 1, 2008, asset manager The Abraaj Group acquired energy services and equipment company Oksa Maroc

Acquisition Highlights
  • This is The Abraaj Group’s 3rd transaction in the Energy Services and Equipment sector.
  • This is The Abraaj Group’s 2nd transaction in Morocco.

M&A Deal Summary

Date 2008-11-01
Target Oksa Maroc
Sector Energy Services and Equipment
Buyer(s) The Abraaj Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Oksa Maroc

Casablanca, Morocco
Oksa SA is an electrical services company operating in three main areas: Improvement of the performance of electrical networks through the detection of fraud and technical problems, preventive maintenance of electrical transformers through chemical analysis and diagnosis of electrical networks through infrared cameras.

Search 214,238 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 62 of 182
Sector: Energy Services and Equipment M&A 3 of 4
Type: Buyout (LBO, MBO, MBI) M&A Deals 57 of 144
Country: Morocco M&A 2 of 7
Year: 2008 M&A 20 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-01 Rentandes

Bogota, Colombia

Rentandes specializes in the long-term rental of transportation, construction equipment, and machinery in Colombia, but with extra value-added services. It works exclusively with well-represented brands and provides functions that go beyond traditional leasing, such as maintenance, satellite monitoring, back-up capacity, insurance, and other facilities that are appreciated by customers and enhance operating margins. Rentandes was formed in 2000 and is based in Bogota, Colombia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-01 Man Infraconstruction

Mumbai, India

Man Infraconstruction Limited (MIL) is a key player in India’s rapidly growing infrastructure-construction and development industry, a sector that has experienced tremendous growth in spending from both the government and private sectors. MIL competencies lie in the construction of port and port-related infrastructure, such as container yards and terminals, container freight-stations, roads, concrete paving works, sewage systems and land reclamation as part of turnkey projects for multinational conglomerates. In addition, MIL undertakes projects in the residential and commercial real estate segments.

Buy -