Despite a downturn in regional initial public offerings (IPOs), Investcorp is continuing to support family-owned companies, according to the alternative investment manager. In just over two years, the Bahrain-based company has used around half of its $750 million Pre-IPO Growth Fund, and it plans to finish two or four more investments throughout the Gulf Cooperation Council (GCC), focusing on industries like technology services, business services, and healthcare.
Investcorp’s investment in Metra reflects the firm’s commitment to high-value industries across the GCC, a region where accelerating national visions centred on digital transformation, AI adoption, and cybersecurity infrastructure are creating significant growth opportunities,” said Walid Majdalani, Head of Investcorp Private Equity Emerging Markets. As a key participant in this ecosystem, Metra is well-positioned to gain market share and grow.
Welcoming Investcorp as Metra’s first institutional shareholder marks a defining moment in our Company’s history,” said Metra Chairman Tarek Eissa. We have developed Metra into one of the most reputable technology distribution companies in the area over the course of four decades, and this collaboration with a company of Investcorp’s caliber is evidence of the power of what our team and family have achieved. As we progress toward our IPO and enter this next stage of expansion, their knowledge of how to grow regional firms and navigate capital markets will be crucial.
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