Modanisa, Turkey’s e-export champion, with its exports to 130 countries, has added Re-Pie Asset Management to its investors to expand its global service network and strengthen its global leadership. Modanisa Co-Founder and CEO Sami Güzel said, “We have accomplished incredible things in the last 10 years. We have more geographies to reach and a lot …
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Awad Capital Advises Altibbi on $44mn Series B Capital Raising
Dubai, UAE – 29 March 2022: Altibbi, the Middle East’s largest AI-based digital health platform, announces a $44 million Series B fund raise The round was led by Foundation Holdings, with participation by leading strategic and financial investors including Hikma Ventures, Global Ventures and Dash Ventures. Altibbi is the largest AI-based digital health …
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Awad Capital advises Revonic on its sale to Valtech
Dubai, United Arab Emirates, 7 October 2021 Global digital agency Valtech has acquired Dubai-based digital-experience design specialist, Revonic. The transaction was announced on 28 July and successfully closed on 6 October 2021 following the completion of regulatory approvals. Following the recent announcement that Valtech secured funding from BC Partners valuing the company $1.4 billion, this …
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Awad Capital Advises The Luxury Closet on its $14M Series D raise
Paris | Dubai (June 21th, 2021) – Awad Capital Ltd. the Middle East partner of Drake Star Partners, acted as financial adviser to The Luxury Closet, in collaboration with Drake Star Partners, on its Series D raise. The Luxury Closet is the leading online platform in the Middle East for buying and selling pre-owned luxury goods. The …
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Awad Capital Advises Tyconz on the Asset Sale of Tyconz Enterprise Business to PwC ME
PwC Middle East enters into an asset purchase agreement to acquire Tyconz’s Enterprise Business Applications Operations which will significantly expand their technology and digital consulting services offering. Tyconz cofounders Tarek Abdel Khalek and Jawad Fakih join PwC as Partners with a focus on delivering integrated solutions from strategy through execution to clients. This enhances PwC’s …
Awad Capital Advises The Luxury Closet on Investment From HB Investments
The Luxury Closet receives investment from Huda Beauty Investment (HBI), championing resale Economy and Sustainability in the Luxury resale Marketplace Industry HBI invests in the Middle East’s resale market leader The Luxury Closet, becoming one of the principal shareholders. Founders of Huda Beauty add capabilities into brand development and their social media leverage. Partnership to …
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Drake Star Partners and Awad Capital Announce Strategic Partnership
London, Dubai, December 12th , 2019 – Global investment banking firm Drake Star Partners and Dubai-based financial advisory firm Awad Capital Ltd. have announced a strategic partnership to expand their cross-border reach and facilitate their global growth. The partnership will expand Drake Star Partners’ access in the Middle East, where Awad Capital boasts an outstanding …
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Awad Capital Announces Successful Closing of $2.1m Capital Raising
21 March 2019, Dubai, UAE – Awad Capital, the independent, Dubai-based, DFSA regulated financial services firm, has announced the successful closure of its recent capital raising, totaling $2.1 million. The capital will be used to fuel the growth of the company. Ziad Awad, founder and CEO of Awad Capital, commented: “We are pleased to announce …
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Awad Capital Announces the Successful Sale of Eton Institute
Awad Capital, the independent, Dubai-based, DIFC regulated financial services firm, has announced the successful closing of the sale of 100% of Eton Institute’s share capital to a leading regional specialized private equity platform for an undisclosed amount. Eton Institute was founded in 2006 and has rapidly grown to become the UAE’s leading language institute, offering …
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Independent Financial Advisory Firm Awad Capital Opens to External Investors
Dubai, UAE: Awad Capital, the Dubai Financial Services Authority (DFSA) regulated firm specialising in M&A, corporate finance and capital markets advisory, has announced the creation of a new Employee Share Ownership Program (ESOP) that allows senior employees and members of the board and advisory board to become shareholders in the firm. Founding shareholder Ziad Awad, …
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