Abraaj Group

The Abraaj Group is a Dubai-based private equity firm that specializes in investing in growth markets across Africa, Asia, Latin America, the Middle East, and Turkey. Founded in 2002 by Arif Naqvi, the firm has played a significant role in pioneering the private equity sector in these regions. Abraaj manages approximately $13.6 billion in assets with a focus on various investment strategies, including private equity, private credit, impact investing, and real estate. The firm targets corporate buyouts, real estate, credit strategies, and infrastructure, while also making strategic minority investments in public enterprises. It combines local market insights with a global investment platform to achieve superior returns and create value in leading companies. In January 2019, the group entered into an agreement for Colony Capital to acquire its private equity platform in Latin America, signifying a strategic shift in its operations.

Ijeoma Agboti

Director

Tas Anvaripour

Partner

Mark Bourgeois

Managing Partner, Global Head of Investor Engagement and Chief Executive Officer of Abraaj North Ame

Ainadin Cader

Director

Fabrice Callet

MD and Head of Product Development

Tania Choufani

Managing Director

David Donaldson

CFO

Ghizlan Guenez

Director

Sameh Hassan

Investment Professional

Aly Jeddy

Partner

Carsten Jorgensen

Partner

Talgat Kukenov

MD

Aman Lakhaney

Director

Omar Khan Lodhi

Co-Chief Executive, Partner and Head of Asia

Marwan Ahmad Lutfi

SVP

Marc Mandaba

Managing Director

Abhinav Munshi

MD

Arif Naqvi

Founder and Group Chief Executive

Talat A. Naseer

SVP

Thomas M. Schmidheiny

Director

Frederic Sicre

MD and Executive Director

Omar Syed

Managing Director

Ahamed Abdul Wahid

SVP

Michael Wright

SVP

Selcuk Yorgancioglu

Partner

Claudia Ziegler

VP

48 past transactions

C&I Leasing

Acquisition in 2019
C&I Leasing provide operating and finance leases & other ancillary services.

Selina

Series B in 2018
Selina is one of the world’s fastest growing hospitality brands, combining beautifully-designed accommodation with coworking spaces, wellness, recreational offerings and local experiences for today’s nomadic traveler to live, work and explore anywhere in the world. With a design-centric, technology-first and socially-minded approach to travel, Selina currently operates 24 urban, beach, jungle and mountain-side locations across eight countries and is developing a global infrastructure for nomads who want to make the world their classroom, office, and playground.

BigBasket

Series E in 2018
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

Joint Medical Holdings Ltd.

Private Equity Round in 2018
Joint Medical Holdings Ltd. owns and operates healthcare facilities. The company operates hospitals, including City, Ascot Park, Isipingo, Durdoc, and Richards Bay. The company was founded in 2011 and is based in Durban, South Africa. As of July 24, 2012, Joint Medical Holdings Ltd. operates as a subsidiary of Life Healthcare Group (Pty) Ltd.

Tunisie Télécom

Secondary Market in 2017
Tunisie Telecom is the fully integrated telecom services operator in Tunisia, with leading market positions across all segments with over 7 million customers and an employee base of c.7,500. Tunisie Telecom offers the largest mobile coverage in the country, owns and operates a nationwide fixed and fiber network infrastructure. This is complemented by an extensive submarine cable network allowing for direct and fully redundant connectivity with Europe, Africa and Asia. Tunisie Telecom’s service offering ranges from 4G mobile broadband to Fiber-To-The-Home and Fiber-To-The-Building as well as cloud and IP-MPLS solutions for entreprises.

BigBasket

Venture Round in 2017
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

QBCo

Private Equity Round in 2017
QBCo is a producer of private-label food products based in Bogota, Colombia, specializing in a diverse range of items for food businesses. The company's offerings include edible oils, margarine, sauces, drinks, jams, dairy products, vegan options, pet food, and preserved goods. QBCo focuses on helping its clients develop their brands by providing tailored products that meet their specific requirements. Through its manufacturing and marketing capabilities, QBCo serves various segments of the food industry, ensuring quality and variety in its product lineup.

Cinepax

Private Equity Round in 2017
Cinepax Limited is a prominent cinema chain in Pakistan, founded in 2004 and headquartered in Karachi. The company operates multiplexes across more than seven cities, including Islamabad, Hyderabad, Multan, Gujrat, and Sialkot, with plans to expand to eleven cities and over 100 screens. Cinepax is recognized for its commitment to providing high-quality entertainment, emphasizing comfort and advanced visual and sound technology to enhance the overall customer experience. The cinema chain offers online ticket purchasing, allowing patrons to conveniently secure their movie experiences from home. With a focus on delivering unmatched service and a safe viewing environment, Cinepax has established itself as a leading destination for family entertainment in the region.

Avenue Group

Acquisition in 2017
The Avenue Group is dedicated to the provision of high quality, affordable and accessible healthcare. The Avenue Group includes the following companies; Avenue Hospital Avenue Healthcare Avenue Homecare Avenue Rescue Services.

BigBasket

Series E in 2017
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

Netlog Lojistik

Private Equity Round in 2017
Netlog Lojistik Hizmetleri A.S. is a prominent logistics and transport services provider based in Istanbul, Turkey, with operations spanning three continents. Established in 1994, the company offers a comprehensive range of logistics solutions, including cold and general chain food logistics, truck and inter-modal transportation, air and sea freight services, and customs bonded warehousing. Netlog caters to various sectors such as aviation, hospitality, retail, automotive, and industrial markets. It is recognized as the largest transport company in Turkey and one of the fastest-growing logistics firms in the EMEA region, operating 74 warehouses and a network of freight forwarding offices globally. The company is focused on transitioning from a local player to a leading regional logistics service provider, emphasizing its commitment to meeting diverse client needs through innovative supply chain solutions and specialized transport services.

Java House

Acquisition in 2017
Java House (formerly known as Nairobi Java House) launched operations in 1999 and has since expanded to 54 branches as of November 2016 throughout Nairobi, elsewhere in Kenya, and in Uganda. For Kenya’s consumer class, Java House represents a high-quality, affordable restaurant destination with exceptional African-grown coffee and a full menu of international cuisine. By day, it is frequented by business professionals; by night and during the weekends, friends and family gather to socialize and dine in the unique family-friendly ambiance. In addition to the casual dining restaurant brand, the company has also launched Planet Yogurt, the first self-serve frozen yogurt brand in Africa, and, more recently, a Nairobi-based pizzeria called 360 Degrees.

Jhimpir Power

Acquisition in 2017
Jhimpir Power Private Limited builds and operates wind power project. The company was formerly known as Dewan Energy Private Limited. The company was incorporated in 2007 and is based in Pakistan.

Casaideas

Acquisition in 2017
A Chile-based home design and decorations company.

Islamabad Diagnostics Centre

Private Equity Round in 2017
Islamabad Diagnostics Centre provides medical diagnostic services. The company offers radiology, laboratory, imaging, dental, woman health, neurology, cardiac, bone health, and respiratory services. It also offers services in the areas of screening profiles, health packages, medical tourism, visa medical, and health screening package. The company serves medical institutions, non-medical institutions, and patients in Pakistan. Islamabad Diagnostics Centre was founded in 2003 and is based in Islamabad, Pakistan with branches in Rawalpindi, Hayatabad, and Peshawar.

Indorama Fertilizers

Acquisition in 2016
Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers for local farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe

Capa de Ozono

Private Equity Round in 2016
Capa de Ozono was established in 1992 in the state of Guanajuato, the capital of the footwear industry in Mexico, and today has 207 stores in more than 50 cities, including the six largest, as well as more than 300 wholesale clients and an online retail presence. The Company, which is family owned, caters to teenagers and young adults in men’s and women’s footwear fashion. It is positioned to benefit from rising consumption and consumer credit expansion as well as the unprecedented growth of second-and third-tier cities in Mexico. The footwear sector in Mexico is projected to experience strong market growth of 8% over the next five years, driven by demographic factors and growth in disposable income.

Fibabanka

Private Equity Round in 2016
Fibabanka (‘Fibabanka’ or the ‘Bank) is one of the prominent banks in Turkey with a highly experienced management team.

Ninja Van

Series B in 2016
Ninja Van is the growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting edge technology stack via our reactive and distributed systems. We firmly believe that optimization of logistics in Asia revolves around a routing software layer controlling legacy assets while concurrently building our own hardware, infrastructure and assets if necessary to enable the new age of logistics. Imagine scalable capacity on demand. Imagine routing and sharing of corporate fleets. Imagine affordable multi-modal same-day courier.

BigBasket

Series D in 2016
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

CEPRO S.P.A

Secondary Market in 2016
CEPRO S.P.A is active in the algerian market of the single use hygienic product manifacturing and distribution.

CARE Hospitals Group

Acquisition in 2016
CARE Hospitals Group is a specialist healthcare provider.

Careem

Series C in 2015
Careem designs an online booking platform that connects passengers with local drivers. Its platform offers a marketplace of community drivers where passengers can request a ride in minutes, see the cost, and have it charged to their selected credit card, which helps passengers have access to affordable and advantageous transportation. Abdulla Elyas, Magnus Olsson, and Mudassir Sheika founded Careem on June 15, 2012, with its headquarters in Dubai in the United Arab Emirates.

Centre de Traitement Al Kindy

Acquisition in 2015
Founded by Dr. Mohamed El Morchid and Dr. Abdellatif Bouih in 1989, Al Kindy is the first private oncology center in Morocco. Located in Casablanca, a city with a population of over 4 million people, Al Kindy is the largest private clinic of its kind in Morocco and is recognized for the calibre of its medical professionals and the sophistication of its medical technology and equipment, including two state-of-the-art Varian Rapid Arc Linear Accelerators (LINACs). Al Kindy serves patients from Morocco and neighbouring countries such as Mauritania, Mali and Senegal.

Clinique Specialisee Menara

Acquisition in 2015
The Menara oncology center was founded in 2013 by six experienced doctors and medical professors. Leveraging its reputed medical team, Menara has grown into one of the leading referral oncology, radiology and diagnostics centers in Marrakech with plans to invest in additional radiotherapy technology.

TIBA

Venture Round in 2015
TIBA operates in two distinct sectors, providing freight forwarding services in Peru and educational services in Egypt. TIBA Cargo Perú, formerly known as FP Cargo Logistics S.A.C., is based in Lima and became a subsidiary of TIBA Spain, S.A.U. following its acquisition in 2017. This division focuses on logistics and freight forwarding, facilitating the movement of goods within the region. In Egypt, Tiba Group serves as a prominent education service provider, managing seven educational institutions that cater to around 20,000 students across three educational verticals. This dual focus on logistics and education underscores TIBA's commitment to enhancing connectivity and learning in their respective markets.

Urbano Express

Acquisition in 2015
Urbano Express Holdings, LLC, founded in 1996 and based in Quito, Ecuador, provides a range of mail delivery and logistics services. Initially focused on postal distribution and mass mailing, the company has since expanded its offerings to include document delivery, parcel and package services, external logistics, printing and document management, and business intelligence services. Urbano Express serves a diverse clientele, including financial institutions, telecom operators, traditional retailers, and e-commerce companies. By utilizing standardization, georeferencing, database visualization, and integrated technology, the company enables its clients to enhance their customer connections and drive business growth. Urbano Express has also established a presence in El Salvador and Peru, further extending its operational reach.

Yu-Ce Medical

Private Equity Round in 2015
Yu-Ce Medical is a medical gauze and medical sponge producer, and among the few domestic surgical suture producers in Turkey. The Company carries out its manufacturing operations in two company-owned factories and has an established sales platform across Turkey, including a diversified customer base of more than 230 state, university and private hospitals and over 190 medical distributors.

Mouka

Acquisition in 2015
Mouka Limited manufactures pillows, mattresses, sheetings, and polyurethane blocks. The company’s products also include foam blocks, beddings and duvets, polyurethane blocks, and other foam materials for household and industrial markets. It offers its products through a network of retail stores, distributors, sub-distributors, and online channels in Nigeria. Mouka Limited was formerly known as Moukarim Metalwood Factory Limited and changed its name to Mouka Limited in 1972. The company was founded in 1959 and is based in Lagos, Nigeria.

Kudu

Private Equity Round in 2015
Over 30 years ago, the founders of Kudu set out to create an entirely new eating experience for people in Saudi Arabia, with over 327 restaurants open across the country, we can proudly say that we've created a winning concept that has endured and morphed into the phenomenon that is known today as Kudu. With the implementation of rigorous staff training and state of the art management systems, we’ve ensured consistently high standards of quality, reliability, and efficiency. Such continuous adherence to standards has been the reason KUDU has successfully received both the ISO: 22000:2005 and the HACCP SQF 2000 internationally renowned management systems certificates. With over 30 years of experience and growth, our know-how has taken us beyond our region and into true prosperity.

BRN Sleep Products

Private Equity Round in 2015
BRN Sleep Products is a privately held manufacturer based in Kayseri, Turkey, specializing in a range of sleep-related products. The company produces mattresses, covers, box springs, and adjustable beds, catering to the needs of customers seeking cost-effective sleep solutions. With a focus on affordability and quality, BRN Sleep Products supplies a variety of items designed to enhance sleep comfort and promote better rest.

Hepsiburada.com

Private Equity Round in 2015
Hepsiburada operates as a subsidiary of Dogan Online Holding Group, Turkey’s leading internet and digital media company. The company was founded in 1998 by five people working from a studio flat in Istanbul focusing on online orders for IT hardware, driving them out to customers. Company later continued to expand its category and selection base as Hepsiburada from 2000 on. Today Hepsiburada is the largest e-commerce platform in the EEMEA region and the fastest-growing e-commerce platform in Europe, with more than 17 million different products available across more than 35 categories, ranging from clothing and beauty products, to auto supplies and electronics. Hepsiburada.com currently averages 102 million total monthly visits and 32 million unique monthly visitors from across Turkey, Eastern Europe, Africa and the Middle East. Its customers are supported by Hepsiburada's cutting-edge technological and logistical infrastructure, which brings the latest developments in last-mile delivery to its customers while empowering its vendors to take part in Turkey's burgeoning digital economy. Hepsiburada also has the largest and most advanced e-commerce operations infrastructure in Turkey, with 100,000 m2 of operational surface area at its operations center, which accommodates 250.000+ products, and shipments of over 2 million products monthly. Hepsiburada is an ardent supporter of entrepreneurs from underrepresented regions and populations. It proudly partners with woman-led companies and female vendors across Turkey to promote female entrepreneurship through opportunity, leveraging the immense reach of e-commerce to connect enterprises with markets they wouldn't otherwise have access to.

Liberty Star Consumer Holdings

Acquisition in 2014
Libstar was founded in 2005 as an investment holding company investing in companies operating in the Fast Moving Consumer Goods (FMCG) industry. The company focuses on the food, beverage, household, and personal care segments of the market. Headquartered in Johannesburg, South Africa, Libstar has annualized net revenues in excess of R7bn. The group consists of 28 business units that operate nationally across 31 sites located in Gauteng, Mpumalanga, Kwa-Zulu Natal, Western Cape, and Eastern Cape provinces. Libstar offers its customers a wide range of products with the convenience of a single supplier with a nationwide presence, and distribution and manufacturing capacity. The group concentrates on supplying the needs of the foods service industry, private label segments of larger retailers and the manufacturing of products for brand owners, as well as its own branded products.

Yörsan

Acquisition in 2014
Yörsan produces high standard, reliable cheese by making it healthy and tasty for consumers.

Rainbow Hospitals

Venture Round in 2013
Rainbow Hospitals Limited operates specialized children's hospitals in India, focusing on comprehensive care for children, women, and fertility. Established in 1996 and headquartered in Hyderabad, the hospitals provide a range of pediatric services, including intensive care, specialized medical treatments across various disciplines, and rehabilitation. The women's care services encompass gynecology, obstetrics, fetal medicine, and maternal intensive care, ensuring comprehensive support during pregnancy and childbirth. Additionally, the fertility care services include diagnostic evaluations and treatments such as intrauterine insemination and in-vitro fertilization, along with advanced ultrasound services. With facilities in Hyderabad, Vijayawada, and Bengaluru, Rainbow Hospitals is dedicated to delivering quality healthcare tailored to the needs of mothers, women, newborns, and children.

Plastic Electromechanic Company

Venture Round in 2013
Plastic Electromechanic Company SA engages in plastic injection, and assembly of electrical equipment and harnesses, and medical products. The company was founded in 2004 and is based in Zaghouan, Tunisia.

Fan Milk

Acquisition in 2013
Founded by a Danish entrepreneur, Fan Milk has been in existence since 1962. The company was converted to a public limited liability in 1969, and is currently engaged in the production and distribution of milk-based and fruit-based products. Their milk-based products consist of a range of frozen ice creams, chocolate and yoghurt, and they include such brands as FanYogo (yoghurt), FanChoco (chocolate), FanIce (ice cream). Their fruit-based products include FanDango (fruit drink) and FanPop.

Fan Milk

Private Equity Round in 2013
Founded by a Danish entrepreneur, Fan Milk has been in existence since 1962. The company was converted to a public limited liability in 1969, and is currently engaged in the production and distribution of milk-based and fruit-based products. Their milk-based products consist of a range of frozen ice creams, chocolate and yoghurt, and they include such brands as FanYogo (yoghurt), FanChoco (chocolate), FanIce (ice cream). Their fruit-based products include FanDango (fruit drink) and FanPop.

Synapse Algerian

Private Equity Round in 2013
Synapse is a leading Algerian logistics company established in 2004. It specialises in transportation, storage and warehouse management services. It has a fleet of approximately 300 trucks and has around 350 employees.

Moulin D'Or

Venture Round in 2012
Moulin D’or was founded in 1984 in Ajaltoun, Lebanon to serve the local community with the best Lebanese pita bread. In 2000, it opened a new branch in the Jeita region, which features a state-of-the-art production facility, showroom, and restaurant. Thanks to exceptional quality products and services, the company rapidly experienced an increase in customers and is today one of the largest organizations in the bakery, pastry and restoration industries in the region. Today, Moulin D’or offers a continually expanding product line including French bread and pastries, Lebanese pastries, ice-cream, fast food, snacks, catering and much more.

The Entertainer

Venture Round in 2012
The Entertainer is a Dubai-based company that specializes in providing a mobile platform for Buy-One-Get-One-Free offers and various discounts across food and drink, beauty and fitness, attractions and leisure, retail services, and hotels. Established in 2001, it initially operated as a traditional print coupon service, offering annual books filled with vouchers for dining and entertainment experiences. The company has since evolved by launching a digital platform that allows customers to access and redeem offers through a mobile app, significantly enhancing user experience and convenience. The Entertainer collaborates with a wide range of merchants, making its products essential for both local residents and tourists seeking savings. In addition to its consumer offerings, the company provides B2B solutions to corporate clients, enabling them to create mobile incentive and loyalty programs. With millions of redemptions processed annually, The Entertainer generates substantial savings for its users while maintaining a strong presence in multiple markets, including the Middle East and beyond.

UAP Group

Venture Round in 2012
UAP Group is a pan-African financial services group with interests in insurance, investment management, property development and investments, securities brokerage and financial advisory. The history of the Group can be traced back by over 90 years while recent expansion and growth in the East African market have made UAP one of the key players in the financial services sector in the region. Currently, the group has businesses operating in Kenya, Uganda, South Sudan, Rwanda, DRC and Tanzania.

Viking Services

Acquisition in 2012
Viking Services B.V. is an integrated service provider for the oil and gas and geothermal industries, based in Amsterdam Zuidoost, the Netherlands. The company specializes in a range of offerings, including drilling and completion, well servicing, pressure pumping, wireline services, geophysical solutions, civil engineering, and transportation. By delivering these essential services, Viking Services supports various operational needs within the energy sector.

Aureos Capital

Acquisition in 2012
Aureos Capital is a Chinese fund management firm that provides services across Asia, Africa, and Latin America.

Koba International Group

Private Equity Round in 2010
A Colombian retailer with around 500 stores

NYMGO

Series A in 2010
Nymgo is making the world smaller by connecting under-privileged immigrants with their families back home. Nymgo Voice over Internet Protocol (VoIP) software offers immigrant communities a low-cost and high-quality solution for calling landlines and mobile phones in regions where Internet and broadband infrastructure remain scarce.

Oksa Maroc

Venture Round in 2008
Oksa is a service company operating in the electro technology field with 3 main activities: (i) improvement of the performance of electrical networks through the detection of fraud and technical problems, (ii) preventive maintenance of electrical transformers through chemical analysis and (iii) diagnosis of electrical networks with infrared cameras.