Wasatah Capital Closes Advisory Mandate in the Food and Beverage Sector

[March 24, 2014]

After the success of Abdullatif Alissa Group Holding’s investment in Tania Water Bottling Company, in which Wasatah Capital acted as financial advisor to Abdullatif Alissa Group, Wasatah Capital remains active in pursuing private equity investments in the food and beverage sector as well as the healthcare and retail sectors. Investor sentiment is high as a result of a robust economy, a thriving stock market and substantial liquidity held in KSA.

“Our focus as a company is the high growth businesses that require growth capital or expertise to fuel further expansion. In many instances they need professional investors to partner with them to assist in further developing the business,” Wasatah Capital Chief Executive Officer, Abdullah Al Rasheed said.

The Saudi market economy remains the largest in the GCC and the drive by the government to diversify its economy away from the oil sector will create substantial investment opportunities in the Saudi market.

“In Saudi Arabia, given high levels of liquidity and few high quality private equity investment opportunities available in the market, it is increasingly important for investors to demonstrate they can add value and contribute to the growth in investee companies,” Wasatah Capital Head of Private Equity and Corporate Finance, Shivendra Carl Singh said.

While there are a number of challenges in completing an investment, the benefits do out-weigh the costs for both investors and investee companies. Many investee companies are family businesses that are interested in pursuing proper corporate governance and setting themselves on the path to an IPO. Investors remain very optimistic on the Saudi market and view local private equity investments as a way to earn outsized returns. 

Abdullah Al Rasheed

Chief Executive Officer

Shivendra Carl Singh

Head of Private Equity and Corporate Finance