Dubai - , the specialist emerging markets investment bank, today announced the successful merger of Akanar Partners, a dedicated corporate finance and M&A advisory firm headquartered in Cairo, Egypt, into 's regional platform. Akanar Partners is focused on corporate finance, M&A advisory, equity and debt raising and structured finance. Since its establishment in 2009, Akanar Partners has advised on more than 17 M&A, capital markets and debt transactions with a total value of over EGP 7.0 billion. Akanar Partners' team comprises 15 people and will be fully integrated into Arqaam Capital, and will lead corporate finance efforts across the firm's regional footprint. Radi el-Helw, Head of Arqaam Capital Egypt, commented: "We are delighted to announce the successful merger of Akanar Partners into Arqaam's regional platform. This milestone represents another strategic step in the implementation of our growth strategy in emerging markets, which alongside driving organic growth, includes pursuing value-creating acquisitions in our core markets. The addition of Akanar Partners will complement the already highly-regarded Arqaam corporate finance platform and allow us to build scale and capabilities within the M&A advisory services space to better serve new and existing clients and to deepen our core value proposition as an efficient intermediary between capital and investment opportunities in Egypt, the GCC and sub-Saharan Africa." "We are bringing on board an excellent firm led by seasoned investment bankers with decades of prior experience from highly-regarded global and regional banks. The team's transaction experience, sound industry knowledge and deep corporate relationships play to our strengths in the investment banking space in Egypt and the region. We look forward to working with them to grow the business." added Radi el-Helw. Omar Reda, Co-Founder & Co-Managing Partner, Akanar Partners, said: "My partners and I are excited to be joining Arqaam Capital, an investment banking group that shares our passion for high performance and great customer experience. More importantly, we believe there is a strong strategic and cultural fit between our respective teams. We look forward to providing Arqaam's clients with sound advisory and improved access to transaction flows through Akanar Partners' established presence and proven track record in Egypt while providing our existing clients with enhanced access and superior product offerings across the GCC and sub-Saharan Africa." -Ends- About Arqaam Capital:Arqaam Capital is a specialist emerging markets investment bank, bringing regional and international product offerings to the emerging markets. Arqaam Capital combines international best practice with expertise in the markets in which we operate. Our primary role is to provide financial intermediation and create investment opportunities for emerging markets investors looking to invest in their own markets and abroad, as well as international investors seeking opportunities in target emerging markets. Arqaam Capital operates out of three hubs, namely the Dubai International Financial Centre (DIFC), Cairo and Johannesburg. Arqaam Capital has ten business lines - Corporate Finance, Asset Management, Cash Equity, Credit Trading, Equity Derivatives, Capital Markets Advisory, Infrastructure, Principal Finance, Treasury and Custody. In addition, Arqaam provides in-depth research on 260 listed Middle East and Africa (MEA) companies across 26 countries and a wide-range of sectors, including the largest global coverage of MENA equities. www.arqaamcapital.com About Akanar Partners:Akanar Partners is a dedicated corporate finance and M&A advisory firm operating out of Cairo, Egypt. The firm specializes in providing a broad range of corporate advisory and capital raising services to clients to create value through the execution of transactions. Our clients include large corporations, middle market firms, private equity firms, and family groups. We are specifically relationship focused, dedicated, and committed to the highest standards of professionalism. Since inception in 2009, the firm has executed transactions in excess of EGP 7.0 billion and has successfully positioned itself as a leading investment banking advisory franchise in the Egyptian market. www.akanarpartners.com For more information, please contact:Arqaam CapitalMohamed El KhaloukiTel: +971(0)4 507 1912Email: mohamed.elkhalouki@arqaamcapital.com Akanar PartnersTel: +202 2737 6061Email: info@akanarpartners.com © Press Release 2016
Arqaam Capital has announced that it has completed a integration of Akanar Capital into its regional portfolio ; Akanar is a Cairo - based corporate finance and M&A advisory firm .