Vision Talent Acquired by Al Arabi Holding Company
Deal News | Apr 16, 2025 | Aim Group
Kuwait-based Al Arabi Holding Company has acquired an 80% stake in Saudi Arabia's Vision Talent Human Resources, a company specializing in HR technology. The move is part of Al Arabi's diversification strategy and aims to leverage Vision Talent's expertise to enhance its organizational efficiency across various sectors. This acquisition will enable Vision Talent to expand its capabilities and services in Saudi Arabia and the broader GCC region. Vision Talent provides a comprehensive suite of HR-related services and products, including recruitment, employee management, payroll, and HR admin automation. The company also plays a key role in Saudi Arabia's Kingdom Vision 2030 by assisting government and private organizations in HR development. Al Arabi Holding Company, known for its investment focus in the engineering sector, now extends its reach into HR technology.
Sectors
- Human Resources Technology
- Holding Companies
- Engineering
Geography
- Saudi Arabia – Vision Talent is a Saudi Arabia-based HR tech company.
- Kuwait – Al Arabi Holding Company is based in Kuwait and has acquired Vision Talent.
- Gulf Cooperation Council (GCC) Region – The acquisition supports Vision Talent's expansion plans across the GCC region.
Industry
- Human Resources Technology – Vision Talent operates in the HR tech industry, providing recruitment, payroll, and HR management solutions.
- Holding Companies – Al Arabi Holding Company is involved in investment activities across various sectors, including engineering and now HR technology.
- Engineering – Al Arabi Holding Company traditionally focuses its investments in the engineering sector and is diversifying into HR technology.
Financials
- 80% – The ownership stake of Vision Talent acquired by Al Arabi Holding Company.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Vision Talent Human Resources | Target Company | Company | A Saudi Arabia-based HR tech company offering recruitment, employee management, and HR strategy solutions. |
| Al Arabi Holding Company | Bidding Company | Company | A Kuwait-based holding company focused on investment in various sectors, now including HR technology. |
| Professor Ahmed Al Obaid | Chairman | Person | Chairman of Al Arabi Holding Company who has articulated the strategic benefits of the acquisition. |
| Nouf Nasser | CEO | Person | CEO of Vision Talent Human Resources, supporting the expansion and enhancement of the company's offerings. |