Unlocking Potential
Powering Growth
After a successful 10-year run as a market-leading pioneer in the Egyptian private equity industry BPE Partners (formerly Beltone Private Equity) looks to the future with a new name and new opportunities
BPE Partners (formerly Beltone Private Equity), a leading Egypt-based private equity manager, is proud to announce that it has just completed a rebranding exercise that has resulted in a new name that reflects the partnership strength and unique management approach that the firm brings to all its clients, portfolio companies and stakeholders.
“The name BPE Partners is also a reaffirmation of our basic investment thesis which remains committed to unlocking value in companies through partnerships that will contribute to the growth of the Egyptian economy,” said BPE Partners Co-Founder and Chairman, Hazem Barakat.
BPE Partners is an employee-owned investment manager with a long track record of investing in Egyptian companies that stand to benefit from the fast-growing underserved middle class. The firm’s team of experienced investment professionals have remained committed to growing the Egyptian economy by making long-term investments that create value and provide jobs as evidenced by its investment activities during the past few years.
“We believe that investor appetite exists for the right types of opportunities particularly in defensive sectors such as real estate, energy, consumer goods and healthcare, where we have garnered a significant amount of experience in identifying the right opportunities, creating value and managing risk,” said Barakat. “We also aim to create sustainable businesses that not only generate profits but also abide by global environmental, social and governance standards,” he added.
BPE Partners’ current investments include Total Egypt, the second-largest private downstream energy operator in Egypt with c. 230 retail service stations, lubricants, commercial and industrial operations, as well as aviation, bunkering, CNG, LPG and logistics services. They have also invested in Egypt’s promising renewable energy sector with a project to develop a utility-scale 50MW solar power plant as part of Egypt’s feed-in-tariff program.
Among the firm’s success stories to date is Madinet Nasr Housing & Development (MNHD) where BPE Partners has been working for the past 8 years to transform and upgraded the company into one of Egypt’s leading real estate developers catering to a broad segment of the Egyptian society.
BPE Partners’ shareholding structure remains unchanged and all signed agreements or commitments undertaken by the firm “Beltone Private Equity” or any of its managed investment vehicles remain binding and in full effect.