KAMCO appoints Alvarez & Marsal as integration advisor

This news has been read 13591 times!

KAMCO Investment Company (“KAMCO”), a leading investment with one of the largest AUMs in the region, appointed the Middle East office of renowned global professional services firm, Alvarez & Marsal, as the integration advisor for the acquisition of a majority stake in Global Investment House (“Global”).

KAMCO assigned Alvarez & Marsal Middle East Limited (“A&M”) this critical role in the acquisition process given the firm’s strong track record and global exposure in successfully concluding complex transactions. A&M will provide KAMCO with guidance throughout the acquisition and integration process. This is targeted to strengthen KAMCO’s integrated business model, while supporting the successful transformation, pre- and post-acquisition.

A&M is part of the Alvarez & Marsal group. Alvarez & Marsal is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. Alvarez & Marsal leverages its restructuring heritage to turn change into a strategic business asset, manage risk and unlock value at every stage of growth

Commenting on A&M’s appointment, Chief Executive Officer of KAMCO, Faisal Mansour Sarkhou said, “We are confident in A&M’s capability to deliver the best outcome for this transaction. A&M’s experience and expertise in handling similar transactions throughout their years of operation further solidified our decision. With A&M’s support and the cooperation of Global’s team, we are keen to make this transition seamless for our valued clients and stakeholders. We also seek to make KAMCO a non-banking financial services powerhouse of the region.”

Dr Saeeda Jaffar, a Managing Director at A&M added, “We are delighted to be working on such a significant and complex transaction. Our experienced team of consultants and operators, combined with our operational heritage, will help realize the effective performance enhancements critical to unlocking value.”

This news has been read 13591 times!