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Announced

Completed

Amethis, EBRD and SPE Capital completed the acqusition of a majority stake in GlobalCorp for $52m.

Financials

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Transaction Value£43m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Egypt

Cross Border

Friendly

Financial Data and Systems

Majority

financial services

Private Equity

Completed

Synopsis

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Amethis, an investment fund manager, EBRD, an international financial institution, and SPE Capital, a private equity firm, completed the acqusition of a majority stake in GlobalCorp, a non-banking financial services company in Egypt, for $52m. “We are very happy to welcome our new partners to GlobalCorp. The backing of leading international financial institutions is a testimony to GlobalCorp’s success and unique profile in the market. We have ambitious plans for the company and look forward to combining our strengths to create value for all our stakeholders," Hatem Samir, GlobalCorp Founder, CEO and MD.

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