General Atlantic-backed Property Finder acquired Bahrain Property World.

General Atlantic-backed Property Finder, the leading real estate portal in the MENA region, acquired Bahrain Property World, a pioneering property portal in Bahrain. The acquisition follows a $120m investment by General Atlantic in Property Finder in November 2018. Financial terms were not disclosed. Michael Lahyani, CEO and Founder of Property Finder Group, said: "This is one of three high-powered strategic moves since closing our latest round of investment led by General Atlantic. The first being the increase in our share in Turkish portal Zingat, and our recent acquisition of UAE competitor JRD Group. We are very happy to further instill our confidence in the Bahrain region and continue to invest in a market in which we see a lot of potential and have been present since 2013."