Riyadh: Jadwa Investment, a leading regional investment management and advisory firm, today announced the completion of four bolt-on acquisitions for three of its private equity portfolio companies in 2018. All four transactions were in the healthcare sector, spanning medical supplies, dental services, and IVF fertility services, with an aggregate value of over SAR 350 million.
The largest of the four bolt-on acquisitions was a cross-border transaction into the Saudi healthcare market. United Eastern Medical Services, a private equity portfolio company of Jadwa Investment and a leading UAE-based healthcare group, completed an investment into a Saudi dental services operator as part of its plans to expand its footprint into Saudi Arabia.
Tariq Al-Sudairy, Managing Director and CEO of Jadwa Investment, commented: “As part of our ongoing efforts to add real value to our private equity investments, we are proud to have supported our portfolio companies in negotiating and executing four important acquisitions during 2018. These acquisitions are a reflection of our value creation strategy to capture inorganic growth opportunities, realize business synergies, and enable our regional partners to access the Saudi market. Such initiatives are part of our unwavering commitment to deliver distinctive investment performance to our clients.”
Saad Al-Saif, Managing Director and Head of Private Equity and Investment Banking at Jadwa Investment, stated: “Since 2007, private equity investments has been one of Jadwa’s main areas of focus. We focus on investing in privately held companies with reputable partners, strong market position, and great growth potential in their respective sectors. So far, Jadwa has invested around SAR 6 billion across 11 private equity transactions.” He continued: “Our investment philosophy consists of three important principles; we invest with the right partners, we invest for the long-term, and we add value in our areas of expertise.”
About Jadwa Investment
Jadwa Investment is a Riyadh-headquartered investment management and advisory firm with assets under management of over SAR 25 billion in public markets, private equity, and real estate. The firm's clients include government-related entities, local and international institutional investors, leading local family companies and offices, and high-net-worth individuals.
Jadwa Investment is licensed by the CMA as an authorized person, registration number 6034/37.
For more Information kindly contact the head office at:
Phone +966 11 279-1111
Fax +966 11 279-1571
P.O. Box 60677, Riyadh 11555
Kingdom of Saudi Arabia
© Press Release 2019