Unlocking Potential
Powering Growth
Unlocking Potential
Powering Growth
April 23, 2024 B Investments is pleased to announce the successful completion of its mandatory tender offer (“MTO”) for the acquisition of a majority stake of c. 70% of Orascom Financial Holding (“OFH”). This transaction marks an important milestone for B Investments, reaffirming its position as a leading private equity investment company in Egypt. “The […]
Cairo, 14th January 2024 – With a remarkable growing performance and record-breaking sales, Madinet Masr (Stock Code MASR.CA), one of Egypt’s leading urban community developers, concludes 2023 with many successful achievements which further strengthened its established position among the top leading real estate developers in Egypt. Madinet Masr and its CEO are recognized by several […]
BPE Partners Chairman & Co-Founder Hazem Barakat Interview with Time Magazine Egypt is on a long-term mission to attract an ever-growing volume of foreign investment into projects that range from solar-powered desalination plants and the digitalization of its education system to the electrification of its transport infrastructure. In the process it is enjoying the continent’s […]
The Sovereign Fund of Egypt (“TSFE”) through its healthcare and pharmaceutical industries Subfund (“TSFE Healthcare & Pharma Subfund”) and B Investments Holding S.A.E. (“B Investments”), BPE Partners’ flagship investment vehicle, are pleased to announce the signing of two agreements to invest over EGP 2 billion in specialized healthcare, and pharmaceuticals distribution and trade services in […]
MNHD wants to open talks on merger with, or acquisition of, SODIC: The board of directors of Madinet Nasr Housing & Development (MNHD) has given its chairman the go ahead to open talks.
The retail tranche of B Investment’s initial public offering was 84.4x oversubscribed when bookbuilding concluded at the close of yesterday’s session.
BPE Partners and MM Group for Industry and International Trade (MTI) have together acquired 60% of TBE Egypt for Payment Solutions and Services (Bee) for EGP 156 mn. The transaction was executed through Ebtikar for Financial Investment, a 50-50 joint venture between BPE Partners and MTI. Bee provides bill payment solutions through a secure network and has more than 35,000 outlets across Egypt.
BPE Partners has appointed EFG Hermes and Sigma Capital to manage it’s planned listing on the EGX this year. The company plans to list 25-30% of its shares. Zaki Hashem & Partners are legal advisors on the transaction and Grant Thornton is preparing the fair value assessment.
Acumen-BPE will begin marketing the Housing and Development Bank’s EGP 1 bn real estate fund in September once it receives the green light from the Egyptian Financial Supervisory Authority. The first EGP 500 mn phase of the fund is set to launch in 4Q2017.
Ibtikar for Investment Finance, a partnership between BPE Partners and MM Group that provides SME finance and leasing, has applied for a license to launch micro-finance operations in Egypt. Ibtikar plans to begin offering factoring, leasing, and finance by the end of the year.
BPE Partners has established a joint venture with Daikin, a Japanese multinational AC manufacturing company (Daikin Egypt), an investment valued at EGP 47 mn. Daikin Egypt will distribute and provide after-sales services for ACs, heating, ventilation, and cooling energy-saving equipment.