Private Equity Funds – MEFIC Capital

Fund name: MEFIC Private Equity Opportunities Fund
Sector: Fitness
Asset name: Body Masters
Acquisition year: 2012
Acquired Stake: 40%
Website:http://www.bodymastersksa.com/

Body Masters was established in 1992 and is currently one of the largest player in the fitness market in Saudi Arabia. Body Masters currently operates a total of 45 gyms across the Kingdom with a member base of around 60,000 members. Body Masters’ ambition is to provide affordable access to fitness to every person looking to improve their well-being, in line with the Saudi Vision 2030. International partnerships and associations include IHRSA for quality adherence and access to top fitness consultants globally; MATRIX and Cybex, two of the leading sports equipment manufacturers in the world; and international consultants and academies to train fitness instructors

Name of Fund: MEFIC Private Equity Opportunities Fund 2
Fund type: Closed End Private Equity Fund
Segment: Food and Beverages
Asset name: Karam Beirut
Duration: Up to 6 Years
Transaction year: 2017
Investment type: Fixed income mezzanine fund (Murabaha)

Karam Beirut Restaurants Company started its operations in Saudi Arabia in 2011 as a franchisee of Karam Beirut in Lebanon, with the first landmark restaurant opened in Tahlia street, Riyadh. Since then, the Company has successfully expanded its operations to reach 18 operating branches operating under 3 different concepts: – Karam Beirut Restaurants: fine-dining – Karam Café: casual dining; and – Karam Express: Quick service branches MEFIC has provided a mezzanine financing to the Company in 2017 enabling it to acquire its brand name (and hence terminate the franchise agreement and operate with its own proprietary brand) and expand its operations KBRC is considered as the leading Lebanese cuisine chain in Saudi Arabia

Fund name: MEFIC Private Equity Opportunities Fund 5
Sector: Fitness
Asset name: Body Masters
Acquisition year: 2020
Acquired Stake: 34.5%
Website:http://www.bodymastersksa.com/

Fund name: MEFIC Private Equity Food & Beverages Opportunities Fund
Sector: Food and Beverage
Asset name: Sultan Delight Burger
Acquisition year: 2017
Acquired Stake: 30%
Website:http://sultandb.com/

Sultan Delight Burger was established in 2004 by the Al Musbahi family. Sultan Burger currently has a total of 44 restaurants in Jeddah, Mekkah, Rabigh, Riyadh and Jazan and has been rapidly expanding in Southern and Western and Central regions. Sultan Burger restaurants offer a predominantly burger menu covering beef, chicken and fish, along with sandwiches, breakfast and deserts. The Company is reputed for its tasty burgers with low pricing suitable to mid and low-income clients

Name of Fund:MEFIC Private Equity Opportunities Fund 3
Fund type: Closed End Private Equity Fund
Sector: Healthcare
Asset name: Meras Medical Company
Duration: 5 Years
Transaction year: 2019
Acquired Stake: 44%
Website: http://www.meras.med.sa/

Meras Group is a chain of cosmetic dermatology and dental care clinics, founded by Dr. Abdulaziz Al-baker who had started the business in 2012. The founder successfully expanded the business through the acquisition of additional centers to create MERAS GROUP in 2019 (Meras Arabia Medical Holding Company)
As of December 2020, MERAS Group operates 14 centers across Riyadh providing full-fledge cosmetic dermatology and dental services. The Group aims to expand its footprint across the Kingdom by acquiring existing centers and swiftly turning around their operations to adopt business model standards followed by MERAS Group
MEFIC established “MEFIC Private Equity Opportunities Fund 3” which has acquired a 44% stake in MERAS Group, with the founders retaining control and management of the business

Fund name: MEFIC Private Equity Opportunities Fund 4
Fund type: Multi Asset Closed End Private Equity Fund
Sectors: Retail & Distribution, Banking and Real Estate
Transaction year: 2020

In 2020 MEFIC Capital established “MEFIC Private Equity Opportunities Fund 4” which has acquired equity stakes in a number of private companies in the Kingdom of Saudi Arabia and the Kingdom of Bahrain, operating in various sectors such as Retail & Distribution, Banking and Real Estate.

تحتاج مساعدة؟

عن الشركة

خدماتنا

المركز الإعلامي

تواصل معنا