The Abraaj Group

The Abraaj Group is an investment firm that focuses on growth markets in Africa, Asia, Latin America, the Middle East, and Turkey. Founded in 2002 by Arif Naqvi, the company has played a significant role in pioneering the private equity industry in these regions. Abraaj specializes in identifying, developing, and monetizing investments across various sectors, with a commitment to fostering sustainable and profitable businesses and communities. The firm employs a tailored approach to investing, leveraging its deep local insights and global platform to uphold high underwriting standards and operational capabilities. With a portfolio that includes private equity, private credit, impact investing, and real estate, The Abraaj Group manages $13.6 billion in assets, aiming to generate strong returns while creating lasting value in leading companies.

Jacob Kholi

Partner

Selcuk Yorgancioglu

Partner

48 past transactions

C&I Leasing

Acquisition in 2019
C&I Leasing provide operating and finance leases & other ancillary services.

Selina

Series B in 2018
Selina is one of the world’s fastest growing hospitality brands, combining beautifully-designed accommodation with coworking spaces, wellness, recreational offerings and local experiences for today’s nomadic traveler to live, work and explore anywhere in the world. With a design-centric, technology-first and socially-minded approach to travel, Selina currently operates 24 urban, beach, jungle and mountain-side locations across eight countries and is developing a global infrastructure for nomads who want to make the world their classroom, office, and playground.

BigBasket

Series E in 2018
BigBasket is an online food and grocery delivery service that caters to personal and household needs by delivering products directly to customers' doorsteps. The platform allows users to easily browse a wide range of items, select their desired products, and schedule deliveries at their convenience. BigBasket prioritizes quality by handpicking each product and ensuring it goes through a safety packaging process before reaching the customer. This approach aims to provide a hassle-free shopping experience, making grocery shopping more efficient and leisurely for users.

Tunisie Télécom

Secondary Market in 2017
Tunisie Télécom S.A. is a fully integrated telecommunications operator based in Tunis, Tunisia, established in 1995. The company provides a comprehensive range of services, including prepaid and postpaid mobile and fixed telecommunication options, as well as Internet services tailored for both individual and business clients. With a customer base exceeding 7 million and a workforce of approximately 7,500 employees, Tunisie Télécom boasts the largest mobile coverage in the country. The company operates an extensive nationwide fixed and fiber network infrastructure, supported by a significant submarine cable network that ensures direct and redundant connectivity to Europe, Africa, and Asia. Its service offerings encompass 4G mobile broadband, Fiber-To-The-Home, Fiber-To-The-Building, and various cloud and IP-MPLS solutions for enterprises.

BigBasket

Venture Round in 2017
BigBasket is an online food and grocery delivery service that caters to personal and household needs by delivering products directly to customers' doorsteps. The platform allows users to easily browse a wide range of items, select their desired products, and schedule deliveries at their convenience. BigBasket prioritizes quality by handpicking each product and ensuring it goes through a safety packaging process before reaching the customer. This approach aims to provide a hassle-free shopping experience, making grocery shopping more efficient and leisurely for users.

QBCo

Private Equity Round in 2017
QBCo develops, manufactures, and markets consumer products, such as edible oils, margarine, pet food, and preserved and canned goods.

Cinepax

Private Equity Round in 2017
Cinepax Cinemas, Pakistan's favorite cinema chain, Operating in over 7 cities & still growing strong. Our roll out plan comprises of 11 cities & a foot print of over 100 screens with soon to be launched multiplexes in Islamabad, Hyderabad, Multan, Gujrat & Sialkot. We take pride in being Pakistan's largest cinema network committed to provide unmatched quality entertainment. At Cinepax Cinemas, we believe that be it comfort, indulgence or state of the art visual/sound is key to enhancing a customer's experience. We bring the future of cinema entertainment to your doorstep offering unsurpassed levels of service, online ticketing purchase at the comfort of your home mixed with the best digital experience. Cinepax experiences leave our customers wanting for more. Thank you for choosing CINEPAX as your entertainment destination as we strive to keep providing our patrons with unlimited, non-stop family entertainment.

Avenue Group

Acquisition in 2017
The Avenue Group, based in Nairobi, Kenya, has been providing high-quality, affordable, and accessible healthcare since its founding in 1976. The organization operates healthcare facilities and offers a range of managed healthcare services, including outpatient, inpatient, emergency, maternity, X-ray, laboratory, and pharmacy services. Additionally, it provides nursing care, equipment rental, and nurse aid training. The company also focuses on health education and medical examinations. Avenue Group extends its services to include rescue operations, offering CPR and first aid training to both companies and the general public, alongside ambulance and medical taxi services. Furthermore, it provides event coverage through EMTs, first aid tents, and standby ambulances. The Avenue Group comprises several entities, including Avenue Hospital, Avenue Healthcare, Avenue Homecare, and Avenue Rescue Services.

BigBasket

Series E in 2017
BigBasket is an online food and grocery delivery service that caters to personal and household needs by delivering products directly to customers' doorsteps. The platform allows users to easily browse a wide range of items, select their desired products, and schedule deliveries at their convenience. BigBasket prioritizes quality by handpicking each product and ensuring it goes through a safety packaging process before reaching the customer. This approach aims to provide a hassle-free shopping experience, making grocery shopping more efficient and leisurely for users.

Java House

Acquisition in 2017
Java House (formerly known as Nairobi Java House) launched operations in 1999 and has since expanded to 54 branches as of November 2016 throughout Nairobi, elsewhere in Kenya, and in Uganda. For Kenya’s consumer class, Java House represents a high-quality, affordable restaurant destination with exceptional African-grown coffee and a full menu of international cuisine. By day, it is frequented by business professionals; by night and during the weekends, friends and family gather to socialize and dine in the unique family-friendly ambiance. In addition to the casual dining restaurant brand, the company has also launched Planet Yogurt, the first self-serve frozen yogurt brand in Africa, and, more recently, a Nairobi-based pizzeria called 360 Degrees.

Jhimpir Power

Acquisition in 2017
Jhimpir Power Private Limited is engaged in the development and operation of wind power projects in Pakistan. Formerly known as Dewan Energy Private Limited, the company was established in 2007 and is headquartered in Pakistan. It operates a 50 megawatt (MW) wind power generation plant located in the Gharo-Keti Bandar Wind Corridor. The facility utilizes General Electric (GE) wind turbines to address the significant power shortage in the country, which exceeds 6,000 MW, amidst increasing energy consumption.

Casaideas

Acquisition in 2017
A Chile-based home design and decorations company.

Islamabad Diagnostics Centre

Private Equity Round in 2017
Islamabad Diagnostics Centre (IDC) is a prominent medical diagnostics service provider in Pakistan, established in 2003 and headquartered in Islamabad. The centre offers a comprehensive range of services, including radiology, laboratory tests, imaging, dental care, women's health, neurology, cardiology, bone health, and respiratory services. Additionally, IDC specializes in screening profiles, health packages, medical tourism, visa medicals, and health screenings. With a presence in multiple locations, including Rawalpindi, Hayatabad, and Peshawar, IDC operates 20 centres across various regions, serving both medical and non-medical institutions as well as individual patients. The company is recognized for its advanced imaging technologies, extensive laboratory testing capabilities, and efficient turnaround times, supported by one of Pakistan's largest teams of qualified radiologists.

Indorama Fertilizers

Acquisition in 2016
Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers for local farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe

Capa de Ozono

Private Equity Round in 2016
Capa de Ozono, founded in 1992 in Guanajuato, Mexico, is a family-owned business specializing in fashionable footwear for teenagers and young adults. With a network of 207 stores across more than 50 cities, including major urban centers, the company also serves over 300 wholesale clients and maintains an online retail presence. Capa de Ozono is strategically positioned to capitalize on the increasing consumer spending and credit expansion in Mexico, along with the rapid development of second- and third-tier cities. The footwear market in Mexico is expected to grow by 8% over the next five years, driven by demographic trends and rising disposable incomes, which bode well for the company’s future prospects.

Fibabanka

Private Equity Round in 2016
Fibabanka is a prominent private bank in Turkey, known for its experienced management team. The bank specializes in various sectors, including corporate, commercial, small and medium-sized enterprises (SME), agriculture, and retail banking. Fibabanka provides a comprehensive range of financial services, such as loans, deposit and investment products, cash management transactions, insurance, and private pension plans. Additionally, the bank facilitates foreign trade transactions and financing, ensuring that clients have access to the banking solutions they require.

Ninja Van

Series B in 2016
Ninja Van is a logistics startup focused on providing efficient last-mile delivery services across Southeast Asia. The company leverages advanced technology and strategic partnerships to address the complexities of package delivery, offering businesses of all sizes a streamlined solution. Its user-friendly platform allows clients to monitor deliveries in real time and stay informed through email and SMS notifications. This approach ensures that customers can create delivery orders easily while receiving updates that promise faster and more reliable service.

BigBasket

Series D in 2016
BigBasket is an online food and grocery delivery service that caters to personal and household needs by delivering products directly to customers' doorsteps. The platform allows users to easily browse a wide range of items, select their desired products, and schedule deliveries at their convenience. BigBasket prioritizes quality by handpicking each product and ensuring it goes through a safety packaging process before reaching the customer. This approach aims to provide a hassle-free shopping experience, making grocery shopping more efficient and leisurely for users.

CEPRO S.P.A

Secondary Market in 2016
CEPRO S.P.A is active in the algerian market of the single use hygienic product manifacturing and distribution.

Careem

Series C in 2015
Careem is a car booking platform that connects passengers with local drivers, facilitating convenient and efficient transportation. The platform allows users to request rides in a matter of minutes, providing transparency by displaying the cost upfront. Payments are seamlessly processed through the passenger's chosen credit card, ensuring a hassle-free experience. By creating a marketplace of community drivers, Careem offers affordable transportation solutions, catering to the diverse needs of its users.

Clinique Specialisee Menara

Acquisition in 2015
The Menara oncology center was founded in 2013 by six experienced doctors and medical professors. Leveraging its reputed medical team, Menara has grown into one of the leading referral oncology, radiology and diagnostics centers in Marrakech with plans to invest in additional radiotherapy technology.

Centre de Traitement Al Kindy

Acquisition in 2015
Founded by Dr. Mohamed El Morchid and Dr. Abdellatif Bouih in 1989, Al Kindy is the first private oncology center in Morocco. Located in Casablanca, a city with a population of over 4 million people, Al Kindy is the largest private clinic of its kind in Morocco and is recognized for the calibre of its medical professionals and the sophistication of its medical technology and equipment, including two state-of-the-art Varian Rapid Arc Linear Accelerators (LINACs). Al Kindy serves patients from Morocco and neighbouring countries such as Mauritania, Mali and Senegal.

TIBA

Venture Round in 2015
TIBA is a logistics and customs brokerage service provider based in Valencia, Spain. The company specializes in managing the import and export logistics for various industries, including aerospace, automotive, perishables, beverages, hotels, pharmaceuticals, and renewable energy. TIBA offers a comprehensive range of services, including air freight, sea freight, land transport, project cargo, contract logistics, and warehousing solutions, aimed at facilitating efficient supply chain operations for its clients.

Urbano Express

Acquisition in 2015
Urbano Express, established in Ecuador in 1996 and expanding to El Salvador in 1998 and Peru in 2003, has evolved from its initial focus on postal distribution and mass mailing to a diverse range of services. The company operates five main business lines: Document Delivery, Parcel and Package, External Logistics, Printing and Document Management Services, and Business Intelligence Services. Urbano Express caters to a variety of corporate clients, including financial institutions, telecom operators, traditional retailers, and e-commerce companies. By utilizing standardization, georeferencing, database visualization, warehousing, and integrated technology, Urbano Express enables its clients to effectively connect with their customers and enhance their business growth.

Yu-Ce Medical

Private Equity Round in 2015
Yu-Ce Medical is a medical gauze and medical sponge producer, and among the few domestic surgical suture producers in Turkey. The Company carries out its manufacturing operations in two company-owned factories and has an established sales platform across Turkey, including a diversified customer base of more than 230 state, university and private hospitals and over 190 medical distributors.

Mouka

Acquisition in 2015
Mouka Limited is a leading manufacturer of polyurethane foam products based in Lagos, Nigeria. Established in 1959 and originally named Moukarim Metalwood Factory Limited, the company changed its name in 1972. Mouka specializes in producing a variety of items such as mattresses, pillows, beddings, duvets, and foam blocks for both household and industrial markets. Its extensive distribution network includes retail stores, distributors, sub-distributors, and online channels, ensuring its products are widely available throughout Nigeria.

Kudu

Private Equity Round in 2015
Kudu Co. is a prominent operator and franchisor of quick-service restaurants based in Riyadh, Saudi Arabia, with over 327 locations throughout the country. Established in 1988, Kudu has developed a diverse menu that includes breakfast, lunch, and dinner options, featuring items such as chicken and beef sandwiches, burgers, salads, sides, and desserts. The company emphasizes high standards of quality and efficiency, supported by rigorous staff training and advanced management systems. Kudu's commitment to excellence has earned it international recognition through certifications like ISO: 22000:2005 and HACCP SQF 2000. With more than three decades of experience, Kudu has successfully created a unique dining experience that has evolved into a well-established brand in the region.

BRN Sleep Products

Private Equity Round in 2015
BRN Sleep Products is a privately held manufacturer based in Kayseri, Turkey, specializing in sleep-related products. The company produces a range of items including mattresses, covers, box springs, and adjustable beds. By focusing on cost-effective solutions, BRN Sleep Products aims to provide customers with quality sleep products at competitive prices.

Hepsiburada.com

Private Equity Round in 2015
Hepsiburada is an e-commerce store offering various products such as electronics, apparel, stationery, home decor, and groceries.

Liberty Star Consumer Holdings

Acquisition in 2014
Libstar was founded in 2005 as an investment holding company investing in companies operating in the Fast Moving Consumer Goods (FMCG) industry. The company focuses on the food, beverage, household, and personal care segments of the market. Headquartered in Johannesburg, South Africa, Libstar has annualized net revenues in excess of R7bn. The group consists of 28 business units that operate nationally across 31 sites located in Gauteng, Mpumalanga, Kwa-Zulu Natal, Western Cape, and Eastern Cape provinces. Libstar offers its customers a wide range of products with the convenience of a single supplier with a nationwide presence, and distribution and manufacturing capacity. The group concentrates on supplying the needs of the foods service industry, private label segments of larger retailers and the manufacturing of products for brand owners, as well as its own branded products.

Yörsan

Acquisition in 2014
Yörsan produces high standard, reliable cheese by making it healthy and tasty for consumers.

Rainbow Hospitals

Venture Round in 2013
Rainbow Hospital offers all services you will need through pregnancy. All of your antenatal appointments, scans, blood tests, advice and exercise classes are available to you at Rainbow Hospital. Whether you would like a natural birth, a water birth, an epidural for painless delivery we can help you make your delivery a rewarding experience.

Plastic Electromechanic Company

Venture Round in 2013
Plastic Electromechanic Company is specializes in high precision plastic injection, assembly of electrical and medical products and wire harnesses for the auto industry.

Fan Milk

Acquisition in 2013
Founded by a Danish entrepreneur, Fan Milk has been in existence since 1962. The company was converted to a public limited liability in 1969, and is currently engaged in the production and distribution of milk-based and fruit-based products. Their milk-based products consist of a range of frozen ice creams, chocolate and yoghurt, and they include such brands as FanYogo (yoghurt), FanChoco (chocolate), FanIce (ice cream). Their fruit-based products include FanDango (fruit drink) and FanPop.

Fan Milk

Private Equity Round in 2013
Founded by a Danish entrepreneur, Fan Milk has been in existence since 1962. The company was converted to a public limited liability in 1969, and is currently engaged in the production and distribution of milk-based and fruit-based products. Their milk-based products consist of a range of frozen ice creams, chocolate and yoghurt, and they include such brands as FanYogo (yoghurt), FanChoco (chocolate), FanIce (ice cream). Their fruit-based products include FanDango (fruit drink) and FanPop.

Synapse Algerian

Private Equity Round in 2013
Synapse is a leading Algerian logistics company established in 2004. It specialises in transportation, storage and warehouse management services. It has a fleet of approximately 300 trucks and has around 350 employees.

Moulin d'Or

Venture Round in 2012
Moulin d'Or, founded in 1984 in Ajaltoun, Lebanon, began with a focus on providing high-quality Lebanese pita bread to the local community. The company expanded in 2000 by opening a new branch in the Jeita region, which includes a modern production facility, showroom, and restaurant. Moulin d'Or has grown significantly over the years, establishing itself as one of the largest entities in the bakery and pastry sectors within the region. The company offers a diverse and continually expanding range of products, including French bread, Lebanese pastries, cakes, cookies, ice cream, fast food, snacks, and catering services, catering to various consumer preferences and needs.

The Entertainer

Venture Round in 2012
The Entertainer is a Dubai-based company established in 2001 that specializes in providing buy one get one free vouchers and other discounts across various sectors, including food and drink, beauty and fitness, attractions and leisure, retail, and services. Initially starting as a traditional print coupon service with extensive books of offers, the company has since transitioned to a mobile platform that allows customers to access and redeem offers digitally. The Entertainer app, which is free to download, enables users to purchase annual bundles of offers that can be redeemed at participating venues. In addition to serving individual customers, the company also offers a B2B service, allowing businesses to create mobile incentive and loyalty solutions for their clients or employees. With a wide network of merchant partners, The Entertainer is recognized as a valuable resource for both locals and tourists seeking savings on experiences in the United Arab Emirates and beyond.

UAP Group

Venture Round in 2012
UAP Group is a pan-African financial services group with interests in insurance, investment management, property development and investments, securities brokerage and financial advisory. The history of the Group can be traced back by over 90 years while recent expansion and growth in the East African market have made UAP one of the key players in the financial services sector in the region. Currently, the group has businesses operating in Kenya, Uganda, South Sudan, Rwanda, DRC and Tanzania.

Viking Services

Acquisition in 2012
Viking Services B.V. is a company based in Amsterdam Zuidoost, the Netherlands, that specializes in providing integrated services to the oil and gas and geothermal industries. Its offerings include oil and gas drilling and completion, well servicing, pressure pumping, wireline services, geophysical solutions, civil engineering, and transportation services. The company aims to support various aspects of energy production through its diverse range of capabilities tailored to the needs of its clients in the energy sector.

Aureos Capital

Acquisition in 2012
Aureos Capital is a Chinese fund management firm that provides services across Asia, Africa, and Latin America.

D1 Stores

Private Equity Round in 2010
At TIENDAS D1 we know that the key to differentiation is through the innovation of the articles in our stores and in this way we understand the needs of our customers, for this reason from the beginning of the conception of the products and until the last details are counted. with the perception and endorsement of the same consumer, information that is part of the strategic decisions for the permanent movements of the different categories, this is how we resort to sensory and performance tests of the products D1 Stores was established in 2009 in Medellín, Antioquia.

Nymgo

Series A in 2010
Nymgo specializes in providing Voice over Internet Protocol (VoIP) services aimed at connecting immigrants with their families in their home countries. The company develops an online communication application that offers a cost-effective and high-quality solution for making international calls to both landlines and mobile phones. This service is particularly beneficial for immigrant communities, allowing them to maintain connections despite limited internet and broadband infrastructure in certain regions. The application also includes features such as conversation recording and access to a phone book from any location, enhancing the user experience for travelers and expatriates.

Oksa Maroc

Venture Round in 2008
Oksa is a service company operating in the electro technology field with 3 main activities: (i) improvement of the performance of electrical networks through the detection of fraud and technical problems, (ii) preventive maintenance of electrical transformers through chemical analysis and (iii) diagnosis of electrical networks with infrared cameras.

Hind High Vacuum

Private Equity Round in 2006
Hind High Vacuum (HHV) is a prominent company in the field of thin film and vacuum technology, based in India. It specializes in the design and development of vacuum equipment and hardware, as well as solar equipment and modules. HHV manufactures both laboratory and industrial-scale vacuum coating systems that cater to various industries, including aerospace, automotive, and defense. The company’s product range includes optical and decorative coatings, mirror coaters for astronomical telescopes, and specialized vacuum equipment for complex metallurgical applications. Additionally, HHV offers contracting services for large-scale, custom vacuum technology projects, positioning itself as a global leader in the vacuum technology sector.
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