B Investments is pleased to announce that its board of directors approved on August 13th, 2020 the establishment of an EGP 1 billion specialized healthcare company, with B Investments initially committing EGP 200 million to the company. The specialized healthcare company seeks to acquire majority stakes in leading local healthcare players. Furthermore, the company plans […]
Ebtikar for Financial Investment S.A.E (“Ebtikar”), a leading investor in the Non-Banking Financial Services sector in Egypt (a joint venture between MM Group for Industry and International Trade S.A.E- “MTIE.CA” and B Investments Holding S.A.E- “BINV.CA”) announces today the completion of the acquisition of 10.1% of Masary in a transaction valued at c. EGP 42 […]
B Investments is pleased to announce that Giza Arabia (Giza Systems’ subsidiary in Saudi Arabia) has been awarded the Major Smart Water Meters Project in the Northern and West-Northern Regions in Saudi Arabia for a value of c. USD 30mn. It is noteworthy to mention that B Investments owns c. 45% of Giza Systems. In […]
B Investments’ Board of Directors approved the acquisition of a majority stake in Gourmet Group of Companies (Gourmet Egypt-GE and Gourmet Food Solutions-GFS – “Gourmet Group”) one of Egypt’s leading food retailing and manufacturing companies. The transaction entails the acquisition of 40% of the share capital of Gourmet Group for c. EGP 65 million and […]
B Investments reported today its audited results for 1H18; posting consolidated Revenues of EGP 135 million, compared to EGP 103 million recorded in 1H17 implying a 32% Y-o-Y growth. The growth in Revenues is mainly attributed to the strong financial performance of portfolio companies. Earnings Before Tax grew by 25% to reach EGP 119mn despite […]
Ebtikar for Financial Investment S.A.E (“Ebtikar”), a leading investor in the Non-Banking Financial Services sector with a shareholder base that includes MM Group for Industry and International Trade S.A.E – MTIE.CA” and B Investments Holding S.A.E – “BINV.CA” announces today the acquisition of 33.7% of Masary in a transaction valued at EGP 130 million. Masary […]
Ebtikar for Financial Investment S.A.E (“Ebtikar”) a leading investor in the Non-Banking Financial Services sector in Egypt (a joint venture between MM Group for Industry and International Trade S.A.E- “MTIE.CA” and BPE Holding for Financial Investments S.A.E- “BINV.CA”) announces today as part of a consortium with TCV and Acquire for Investment S.A.E the acquisition of […]
BPE Holding for Financial Investments S.A.E (EGX: BINV.CA) extra ordinary general assembly has approved to change the company’s name to B Investments Holding S.A.E and has also approved the company’s FY2017 financial statements. Reporting consolidated revenues closing the year at EGP 171.6mn, as opposed to consolidated revenues of EGP 108.6mn in FY 2016 after adjusting […]
MNHD wants to open talks on merger with, or acquisition of, SODIC: The board of directors of Madinet Nasr Housing & Development (MNHD) has given its chairman the go ahead to open talks.
BPE Holding for Financial Investments S.A.E “B Investments” (BINV.CA on the Egyptian Exchange), Egypt’s leading private equity company, announced the release of its audited consolidated financial results for the year ending 31st of December 2017. B Investments reported today a robust set of results for the FY 2017 with consolidated revenues closing the year at […]
B Investments starts trading as its maiden earnings reported a net profit after tax and minority interest of EGP 133.2 mn for FY2017, a 152% y-o-y increase.
The retail tranche of BPE Holding for Financial Investments’ initial public offering was 84.4x oversubscribed when bookbuilding concluded on Monday.
The retail tranche of B Investment’s initial public offering was 84.4x oversubscribed when bookbuilding concluded at the close of yesterday’s session.
BPE Holding for Financial Investments (better known as B Investments) announced yesterday that it was taking the “final steps” in completing its listing on the EGX this month.
BPE Holding for Financial Investments S.A.E (“B Investments” or “the Company”), Egypt’s leading private equity company, announced today the release of its Public Subscription Notice in the final steps leading to the Company’s Initial Public Offering of 43,131,554 shares on the Egyptian Stock Exchange at a price of EGP 10.75 per ordinary share (the “Offering”). […]
BPE Partners announced yesterday(pdf) that it reached financial close alongside Egypt’s Infinity Solar and Germany’s Ib Vogt gmbH on three solar power plants with a combined production capacity of 130 MW in Benban at a total cost of USD 190 mn.
BPE Partners and MM Group for Industry and International Trade (MTI) have together acquired 60% of TBE Egypt for Payment Solutions and Services (Bee) for EGP 156 mn
BPE Partners (formerly Beltone Private Equity), the fast growing Egypt-based Egypt-focused private equity manager, jointly with MM Group for Industry and International Trade “MTI”, announced today the acquisition of 60% of TBE Egypt for Payment Solutions and Services “Bee” through its managed non-banking financial services vehicle, Ebtikar for Financial Investment “Ebtikar”. Acquisition will take place […]