London, United Kingdom | 5 May, 2015 - Fajr Capital has been recognised as the Middle East's "Private Equity Firm of the Year" at the Global M&A Network's Atlas EMEA Awards 2015. The company also collected the "Middle East Deal of the Year" award for leading a consortium of investors to acquire the Dubai-based oilfield services company, National Petroleum Services.
Headquartered in the Dubai International Financial Centre, Fajr Capital has a growing and diverse portfolio consisting of companies operating across a range of demographic-driven sectors, including: financial services, infrastructure, education, manufacturing and renewable energy, among others. Together with its portfolio companies, Fajr Capital today employs over 15,000 people across its constituent markets - with operations in the Gulf Cooperation Council (GCC) region, Algeria, Brunei Darussalam, Egypt, Indonesia, Malaysia and Turkey.
The Global M&A Network accolades mark an eventful twelve months for Fajr Capital, with the company closing five strategic, high-profile investments in 2014. Fajr Capital's investment in National Petroleum Services was one of the largest announced private equity transactions in the MENA region in 2014, as well as one of the largest oilfield services M&A transactions in the Middle East to date.
Shanta Kumari, Chief Executive Officer and Global Group Editor, Global M&A Network said: "We were impressed with Fajr Capital's deal team having completed two major transactions in the Middle East region - the acquisition of National Petroleum Services, as well as the acquisition stake in GEMS Education's emerging markets business. Moreover, Fajr Capital distinguished itself by investing in strategic and growth sectors of significance in the region."
© Press Release 2015
