Strategic Advisory & Debt Restructuring

Arranger & Placement Agent

Strategic Advisory

Strategic Advisory

Strategic Advisory

Strategic Advisory

Transaction: IPO of leading Telecom Operator in Turkey (Equity)

Team Role: Co-managers; raised USD 250 Million in bids from international investors.

Turk Telekom is the first integrated Telecom company in Turkey. The 2008 public offering of 15% shares of Türk Telekom was the 7th biggest public offering in the world and the biggest ever in Turkey. As a result of this offering, the Turkish Treasury secured a total of USD 1.9 BN (TRY 2.4 BN) in revenue. Foreign non-resident institutional investors constituted 60% of shares sold.

Strategic Advisory & Debt Restructuring

Sell-Side Advisor

Transaction: Acquisition of a commercial Bank in Lebanon (Buy-side Advisors)

Capital EE: Advisor, Arranger, Placement Agent  

Transaction Value: USD 70 Million

Banque de Crédit National S.A.L was established in 1959 in Lebanon. It is registered under No. 8220 in the Lebanese Commercial Registry and listed under No. 36 at the Central Bank. The Bank’s headquarters are located in Beirut Central District and it has two operating branches in Verdun and Tripoli.

Transaction: Consumer Staple (Equity, Debt refinancing and partial buy-out)

Capital EE: Debt Restructuring, Buy-Side Advisor, Placement Agent

Transaction Value: USD 12 Million

Dora Flour Mills, established in the 1960s, is a family-owned flour mill located in Beirut, Lebanon. DFM is one of the biggest and oldest flour mills in Lebanon and is known for introducing bulk delivery in the Lebanese market. DFM’s activities include grain procurement, cleaning, conditioning, storing, milling, and nationwide delivery. Products include Arabic bread flour, specialty flour, corn grits, and corn flour.

Transaction: Trophy Luxury Hotel in Lebanon (Acquisition Buy-Side Advisor)

Capital EE: Buy-Side Advisor & Arranger

Transaction Value: USD 130 Million

The Hotel is a trophy building strategically located on one of the most luxurious streets in the capital. It is the only 5-star luxury hotel brand in Lebanon and has 230 rooms including 60 suites, 5 F&B outlets, 9 meeting rooms, a rooftop pool, a state-of-the-art fitness center and a luxurious spa. Transaction successfully closed.

Transaction: Prime Luxury Hotel in Lebanon (Acquisition Buy-Side Advisor)

Capital EE: Buy-Side Advisor & Arranger

Transaction Value: USD 145 Million

The Mövenpick Hotel Beirut is one of the best business hotels with extensive resort facilities in Beirut. Located directly on the Mediterranean Sea, it features 292-bedrooms offering the experience of a 5-star beach resort. Transaction successfully closed.

Sell-Side Advisor

Transaction: Fund Establishment with Ministry of Telecommunications and the two Mobile Operators in Lebanon.

Capital EE: Arranger

Transaction Value: USD 48 Million

MIC Ventures is a USD 48 MM telecommunications fund focused on investing in local ICT and telco start-ups. The funds were provided by MIC 1 (Alfa) and MIC 2 (Touch), the two leading telecommunications providers in Lebanon. MIC Ventures has invested in an array of successful local start-ups and played a pivotal role in the development of the local ICT sector. MIC Ventures is managed by GenX Management Partners.

Platform Manager

Transaction: Leading Biometric Integrator (Preferred Shares)

Team/Capital EE: Strategic Advisory, Financial/Capital Advisory, Fundraising (Preferred Shares & Debt)

Transaction Value: USD 50+ Million

Inkript develops top-tier digital security solutions that help clients reinforce their presence in both the digital and physical worlds. Its solutions are designed to cater to a wide variety of sectors including government, financial, telecom and others, leading to an exceptional brand with extended reach. The Inkript portfolio includes end-to-end secure biometric identification systems, integration services, smartcards and security printing solutions.

Transaction: Leading Consumer Discretionary (Equity)

Team Role: Arranger & Placement Agent     

Transaction Value: USD 35 Million

Al Rifai is the largest nut-retailing chain in the Middle East and the company with the biggest market share in Lebanon.

Transaction: Food & Beverage (Equity)                                                   

Team Role: Arranger & Placement Agent                               

Transaction Value: USD 25 Million

Since 1993, Kababji has been offering consumers a unique concept that provides them with a high-quality made-to-order menu featuring Lebanese cuisine and grills in a casual dining environment with a contemporary design.

Transaction: Real Estate

Team Role: Real Estate Product and Placement Agent

Transaction Value: USD 100 Million

Beirut Terraces by HERZOG & DE MEURON is a residential skyscraper in the Central district of downtown Beirut, located in the Minet el-Hosn neighborhood, south of the Platinum Tower. It has 26 floors with an overall height of 119.5 m. The building construction started in 2011 and finished in 2017.

Transaction: 3 VC Funds (Fund Raising + Sponsor)

Team Role: Arranger & Placement Agent

Transaction Value: USD 70 Million

Impact Fund was Lebanon’s first and largest Tech Fund that is sponsored by the Lebanese Central Bank to build and nurture the Lebanese tech ecosystem. The funds have been fully deployed to ICT companies and creative sectors.

Transaction: Digital Media

Team Role: Arranger & Placement Agent for original Diwanee placement; helped secure successful exit for investors in Webedia deal.

Transaction Value: USD 5 Million

Founded in 2009, Diwanee was a pioneer in offering women-centric Arabic language websites with original, high quality, and innovative content of core interest to Middle Eastern women. Diwanee Group merged with UTURN Group in 2018 to create ‘Webedia Arabia’, creating a powerhouse of talent spread across the region, with 6 offices in KSA, UAE, Lebanon, Egypt, and Serbia.

Strategic Advisory

Transaction: Mobile Payments & Bill aggregation platform in Lebanon.

Team Role: Arranger for acquisition of a 30%+ stake in the company.

Transaction Value: USD 10 Million

PinPay develops software solutions including mobile payments and banking services. Founded in 2008, with a business strategy revamp that took place in 2013, PinPay has some of the largest banks in Lebanon as investors. Expanded to Egyptian market in 2016 after signing a deal with Egyptian electronic payment pioneer Fawry.

Transaction: A USD 26.25 Million local Private Equity Fund

Team Role: Placement Agent and Investment Advisor

PoleStar Value Partners Holding SAL is a local USD 26.25 Million private equity firm with an objective to invest in real economy assets based in Lebanon to both preserve capital and achieve capital appreciation over the medium to long term. Target companies are typically characterized by high growth potential, strong management teams, large addressable market, and/or where the replacement costs of the underlying fixed assets both tangible and intangible – such as licenses, machinery, vehicles, etc… are higher than their current market value.