Leading global law firm, Baker McKenzie has successfully advised a consortium of financial investors led by Amethis and included SPE AIF I (SPE Capital) and European Bank for Reconstruction and Development (EBRD), on the acquisition of a 95% stake of GlobalCorp for Financial Services.
The deal marks a key milestone for Amethis and SPE Capital as it aligns with their strategies to invest in Egypt, which is a key market for financial sponsors in North Africa. The transaction also presents the first investment by Amethis in Egypt and the second investment by SPE Capital in Egypt through SPE AIF I.
Commenting on the deal, Hani Nassef, Partner at Baker McKenzie Cairo said, "We are delighted to have advised Amethis and SPE Capital on this successful transaction. We look forward to helping the consortium on further scaling their investment as well as on other transactions as they invest across multiple sectors in the region. Bringing together a team from multiple jurisdictions, this deal is an excellent example of how Baker McKenzie's global capabilities can assist clients with all their needs."
Baker McKenzie's cross-border team advising on this transaction was led by Partner Hani Nassef (M&A, Cairo) and Mohamed Barakat (M&A, Cairo) with support from Counsel Mostafa El Sakaa (Capital Markets, Cairo), Counsel Mohamed El Far (Anti-trust, Cairo), Senior Associates Sameh Dahroug (M&A, Cairo) and Ingy El Kady (M&A, Cairo), and Associates Mohamed Elhossamy (Corporate, Cairo), Peryhane Gawish (Corporate, Cairo), Hania Negm (Anti-trust, Cairo), Ahmed Shehata (Banking & Finance, Cairo). Specialist Dutch law advice was provided by Partner Koen Bos (M&A, Amsterdam) and Associates Willem Jan Treuren (Corporate, Amsterdam), Charlotte Van Rhee (Corporate, Amsterdam), and Suzanne van Balen (Corporate, Amsterdam).
The deal marks a key milestone for Amethis and SPE Capital as it aligns with their strategies to invest in Egypt, which is a key market for financial sponsors in North Africa. The transaction also presents the first investment by Amethis in Egypt and the second investment by SPE Capital in Egypt through SPE AIF I.
Commenting on the deal, Hani Nassef, Partner at Baker McKenzie Cairo said, "We are delighted to have advised Amethis and SPE Capital on this successful transaction. We look forward to helping the consortium on further scaling their investment as well as on other transactions as they invest across multiple sectors in the region. Bringing together a team from multiple jurisdictions, this deal is an excellent example of how Baker McKenzie's global capabilities can assist clients with all their needs."
Baker McKenzie's cross-border team advising on this transaction was led by Partner Hani Nassef (M&A, Cairo) and Mohamed Barakat (M&A, Cairo) with support from Counsel Mostafa El Sakaa (Capital Markets, Cairo), Counsel Mohamed El Far (Anti-trust, Cairo), Senior Associates Sameh Dahroug (M&A, Cairo) and Ingy El Kady (M&A, Cairo), and Associates Mohamed Elhossamy (Corporate, Cairo), Peryhane Gawish (Corporate, Cairo), Hania Negm (Anti-trust, Cairo), Ahmed Shehata (Banking & Finance, Cairo). Specialist Dutch law advice was provided by Partner Koen Bos (M&A, Amsterdam) and Associates Willem Jan Treuren (Corporate, Amsterdam), Charlotte Van Rhee (Corporate, Amsterdam), and Suzanne van Balen (Corporate, Amsterdam).
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