Beltone Acquires Sodic For Securitization with MBH as Adviser

Deal News | Feb 24, 2025 | Legal Community MENA

Matouk Bassiouny & Hennawy (MBH) has advised Beltone Holding in its full acquisition of Sodic For Securitization. This strategic move sees Beltone, a diversified financial solutions provider based in Cairo, taking over the securitization branch of Sodic, an Egyptian real estate developer. The acquisition underscores Beltone’s continued expansion in various financial domains, including brokerage, investment banking, and asset management. MBH’s team was led by Mohamed Abdel Fattah, with significant contributions from other key legal experts within the firm.

Sectors

Financial Services
Real Estate Development
Legal Advisory

Geography

Egypt – Beltone Holding is headquartered in Cairo, and Sodic is an Egyptian real estate development company. The deal is situated within the Egyptian market.

Industry

Financial Services – Beltone Holding operates in the financial services sector, providing brokerage, investment banking, and asset management services.
Real Estate Development – Sodic is classified under real estate development, which is relevant as the acquisition involves its securitization branch.
Legal Advisory – The role of Matouk Bassiouny & Hennawy as legal advisors signifies the importance of the legal advisory sector in structuring the acquisition deal.

Financials

Participants

Name	Role	Type	Description
Beltone Holding	Bidding Company	Company	A financial solutions provider, involved in brokerage, investment banking, and asset management, and the acquirer in the transaction.
Sodic For Securitization	Target Company	Company	The securitization branch of Egyptian real estate developer Sodic, acquired by Beltone.
Matouk Bassiouny & Hennawy (MBH)	Legal Advisor	Company	Provided legal advisory to Beltone for the acquisition, with a team led by Mohamed Abdel Fattah.
Sodic	Selling Company	Company	An Egyptian real estate development company whose securitization branch was sold in the deal.