Investment Summary

TPG and The Abraaj Group Invest In Kudu

On April 9, 2015, private equity firm TPG and asset manager The Abraaj Group invested in restaurant Kudu

Investment Highlights
  • This is TPG’s 6th and The Abraaj Group’s 3rd transaction in the Restaurants sector.
  • This is TPG’s 1st and The Abraaj Group’s 3rd transaction in Saudi Arabia.
Investment Fate
  • Kudu was sold to a strategic buyer in 2022.

Investment Summary

Date 2015-04-09
Target Kudu
Sector Restaurants
Investor(s) TPG
The Abraaj Group
Deal Type Growth Capital

Target

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.

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

Investor(S) 2

Investor

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 296.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.


DEAL STATS #
Overall 246 of 451
Sector: Restaurants M&A 6 of 8
Type: Growth Capital M&A Deals 35 of 74
Country: Saudi Arabia M&A 1 of 1
Year: 2015 M&A 5 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-09 Lynda

Carpinteria, California, United States

Lynda is an online learning company that helps anyone learn software, technology, creative and business skills to achieve their personal and professional goals. Through individual, corporate, academic and government subscriptions, more than two million people have access to the lynda.com video library of engaging, top-quality courses taught by recognized industry experts and filmed at the company’s 12-acre, state-of-the-art campus in Carpinteria, California.

Sell $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-20 Cirque du Soleil

Montreal, Quebec, Canada

Cirque du Soleil is a creative content provider of live artistic entertainment. In addition to shows, the company, which has its International Headquarters in Montréal, extends its creative talent to other spheres of activity. Cirque du Soleil was formed in 1984 and is based in Montreal, Quebec.

Buy $1.5B
Investor

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 161 of 182
Sector: Restaurants M&A 3 of 4
Type: Growth Capital M&A Deals 9 of 15
Country: Saudi Arabia M&A 3 of 3
Year: 2015 M&A 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-10 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.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-06 UAP Holdings

Nairobi, Kenya

UAP Holdings is one of the composite insurance and financial services companies in East Africa, with headquarters in Nairobi and a network of branches spread across Kenya, Uganda and Southern Sudan.

Sell -