Arqaam Capital , the specialist emerging markets investment bank, announced on Monday the successful merger of Akanar Partners, Egypt-based corporate finance and M&A advisory firm, into its regional platform.
“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,” Radi el-Helw, Head of Arqaam Capital Egypt, said in a statement.
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 7 billion Egyptian pound. 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.
“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,” Omar Reda, Co-Founder & Co-Managing Partner, Akanar Partners, said. Source: Zawya