Ezdehar Completes Full Acquisition of Zahran Market
Deal News | Nov 22, 2024 | Legal Community MENA
Ezdehar Management, an Egypt-based private equity firm, has completed the acquisition of Zahran Market, a food retail chain, by purchasing the remaining 40% stake. The acquisition concludes a two-year collaboration with the Zahran family aimed at modernizing operations and enhancing management systems. Legal support for the transaction was provided by Adsero and Matouk Bassiouny, with the former advising Ezdehar and the latter representing Zahran Market. Additionally, Compass Capital served as the financial advisor for Zahran Market. The move underscores Ezdehar's commitment to strengthening its position in Egypt's retail sector.
Sectors
- Private Equity
- Retail
- Legal Services
- Financial Services
Geography
- Egypt – Ezdehar Management and Zahran Market are based in Egypt, making the transaction localized to this region.
Industry
- Private Equity – Ezdehar Management, a private equity firm, is the main entity involved in the acquisition.
- Retail – Zahran Market operates in the food retail sector, the target of the acquisition.
- Legal Services – Adsero and Matouk Bassiouny provided legal advisory services for the acquisition.
- Financial Services – Compass Capital served as financial advisors to Zahran Market during the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ezdehar Management | Buyer | Company | An Egypt-based private equity firm specializing in investments within the Egyptian market. |
| Zahran Market | Target Company | Company | A food retailer operating in Egypt, targeted for acquisition by Ezdehar. |
| Adsero | Legal Advisor to Buyer | Company | Legal firm advising Ezdehar Management in the acquisition of Zahran Market. |
| Matouk Bassiouny | Legal Advisor to Seller | Company | Legal firm representing Zahran Market in the acquisition deal. |
| Compass Capital | Financial Advisor to Seller | Company | Financial advisory firm engaged by Zahran Market for the transaction. |
| Ragy Soliman | Managing Partner | Person | Managing partner at Adsero and co-head of M&A and Capital Markets. |
| Dina Sherif | Counsel | Person | Counsel at Adsero, involved in the acquisition of Zahran Market. |
| Yomna Taha | Managing Associate | Person | Managing associate at Adsero, contributing to the acquisition process. |
| Saifallah Kadry | Senior Associate | Person | Senior associate at Matouk Bassiouny, advising Zahran Market. |
| Ali Abu Zeid | Junior Associate | Person | Junior associate at Matouk Bassiouny, part of the advisory team for Zahran Market. |
| Ahmed Hussein | Financial Advisor | Person | Individual at Compass Capital, acted as a financial advisor to Zahran Market. |