Latest news with #YusefAlYusef
Zawya
01-05-2025
- Business
- Zawya
Bahrain: Investcorp sells investment in RESA Power to Kohlberg
Bahrain - Global investment firm Investcorp has announced the sale of its investment in RESA Power (RESA), a major provider of electrical testing, transformer services, and life extension solutions for power distribution equipment. The buyer is Kohlberg, and the transaction marks the first successful exit for Investcorp's North American Private Equity Fund I. Since Investcorp's initial investment, RESA has seen its revenues more than quadruple. The company now serves thousands of commercial and industrial clients, utilities, and data centres across North America. During Investcorp's ownership, RESA significantly boosted its organic growth and expanded its reach and service offerings through strategic mergers and acquisitions. Investcorp executive chairman Mohammed Alardhi highlighted the importance of the US market in the firm's growth strategy since 2015. 'Our expertise in private markets in the United States has once again delivered outstanding results,' he said. 'This success validates our investment strategy and the talent of our team. We aim to continue this globally across our private equity business.' Investcorp acquired RESA in 2021, and since then, the company has grown its revenues approximately fourfold, now serving a vast customer base across 14 states and provinces in North America. A key element of this growth was an enhanced national accounts strategy and the completion of 14 strategic acquisitions that broadened RESA's service portfolio and geographical presence. Notably, RESA, under Investcorp's ownership, also implemented an employee ownership programme, granting equity to all eligible employees. This initiative, a first in the electrical power industry, has contributed to a reduction in employee turnover by over 10 per cent, as employees directly benefit from the value they help create. Investcorp global head of distribution Yusef Al Yusef described the sale of RESA as a 'tremendous outcome' for investors. He emphasised that it validates their strategy of growing industrial services businesses through investments in digitisation, internal infrastructure, strategic M&A, and talent development. 'The RESA team fully embraced our vision and is well positioned for continued success,' he added. RESA Power chief executive Scott Harrison praised Investcorp as a 'value-added partner' from the outset. He noted that together, they established the foundation for RESA's digital transformation, including the introduction of AI-driven tools like Power Pulse for asset maintenance monitoring. Harrison also credited Investcorp's guidance in creating a successful blueprint for mergers and acquisitions, which accelerated the company's value creation plan.
The National
17-03-2025
- Business
- The National
Investcorp buys majority stake in German supply chain and logistics consultancy Miebach
Bahrain's Investcorp, the biggest alternative asset manager in the Middle East, has signed a definitive agreement to acquire a majority stake in German supply chain and logistics consultancy Miebach. Following the transaction, Miebach's existing equity partnership will retain a significant minority stake in the company, Investcorp said in a statement on Monday. It did not disclose the terms of the deal. The transaction is expected to close in the second quarter of 2025 and is subject to customary regulatory clearance. As part of the deal, Miebach will continue to expand its organic growth initiatives, while developing a focused mergers and acquisition strategy, Investcorp said. 'As a global leader in supply chain consulting, logistics and material flow engineering, Miebach has established itself as the end-to-end consultant for truly international clients seeking highly complex supply chain solutions,' Yusef Al Yusef, global head of distribution at Investcorp, said. Since 2012, Investcorp's European private equity group has invested about €2.1 billion ($2.28 billion) in companies across Europe. The acquisition of Miebach is the group's fifth investment over the last 15 months, following the more recent acquisitions of SEC Newgate, Outcomes First Group, Stowe, and Epipoli. Set up in 1973 with headquarters in Frankfurt, Miebach provides specialised global supply chain and logistics consultancy services, a market estimated to be worth about €30 billion and expected to grow at double-digit rates annually, according to Investcorp. Miebach's services extends from the development of supply chain strategies to engineering designs, while providing digital services to the client's warehousing infrastructure. The company employs more than 500 people with offices in 20 countries, providing services to various industries and international blue-chip clients across the world. 'The supply chain and logistics consultancy market is exposed to long-term trends, and is expected to benefit from positive tailwinds in supply chain resiliency, sustainability, digitalisation and automation,' Investcorp said. Established in 1982, Investcorp invests across asset classes through its six business lines: private equity, real estate, absolute return investments, infrastructure, credit management and strategic capital. Its assets under management have grown to $55 billion and it aims to boost it to $100 billion by investing in areas including the Americas, Europe and the broader Asia region, including the Middle East.
Zawya
26-02-2025
- Business
- Zawya
Investcorp to sell software vendor Contentserv for $229mln
Investcorp, a leading global alternative investment firm, has announced that it has reached an agreement with US-based Centric Software for the sale of its majority stake in Contentserv, a leading provider of AI-fueled Product Information Management (PIM) and Product Experience Management (PXM) solutions. A Silicon Valley–based software company headquartered in California, the Centric Software is a subsidiary of French multinational software group Dassault Systèmes. Headquartered in Germany, Contentserv enables fast-moving consumer goods and other companies to create and manage product content intuitively and effectively by means of AI to optimize consumer experiences across all digital sales channels. With Contentserv solutions, retailers, brands and manufacturers are able to execute strategies such as more or simply better product offers, regions and sales channels for increased product sell-through. Contentserv users have reported ROI such as a 30% reduction in time to market, 70% faster catalogue creation, 75% more accurate product information and increased sales channel coverage in more languages. Since Investcorp's acquisition in 2019, the company has grown its recurring revenues approximately sixfold and today serves over 1,600 customers in 90 countries globally. In 2023, Contentserv completed the strategic add-on acquisition of Shoppingfeed in France, which significantly bolstered its European presence and expanded its product capabilities into the complementary feed management category, which has been very well received throughout its customer base. Yusef Al Yusef, Global Head of Distribution, Investcorp, said it has extensive experience in supporting technology businesses in Europe and across other key markets. "Contentserv is a dynamic business which has seen robust growth, becoming a leader of AI-fueled PIM and PXM solutions and we look forward to seeing their progress in the future. In the technology sector, we continue to see substantial opportunities to support promising companies in accelerating their growth," he noted. Georg Knoflach, Managing Director, Investcorp, said: "Our investment in Contentserv builds on a tradition of supporting fast-growing technology businesses in the DACH region, to accelerate growth, internationalize and expand into new product categories, both organically as well as through M&A." "Over the last five years Contentserv has grown rapidly and developed a market leading product offering, and we are delighted to see it well prepared for its next chapter with Centric Software," he added. Contentserv CEO Michael Kugler said: "Investcorp has been a wonderful partner for our growth over the last five years, helping us to continue our international expansion, to where we now stand as a global company." "Thanks to their support, we feel like we are in a stronger position as we join Centric Software, to double down on our product strategy and continue to the next, exciting chapter of Contentserv," he stated. Bahrain-based Investcorp is a global investment manager specializing in alternative investments across four asset classes: private equity, real assets, Credit (CLOs, Broadly Syndicated Loans & Structured Credit, and Middle-Market Direct Lending), and Liquid Strategies (Absolute Return Investments and Insurance Asset Management). It has a long history of investing in and supporting technology-enabled businesses, with notable investments including VEDA, NetRom Software, Zift Solutions and HWG Sababa. The sale of Contentserv follows previous successful exits in other DACH headquartered software companies, including Avira (sold to NortonLifelock) and Softgarden (sold to Grupa Pracuj). The transaction is expected to close by the end of Q1 2025 and is subject to customary regulatory and other closing conditions.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
25-02-2025
- Business
- Trade Arabia
Investcorp to sell software vendor Contentserv for $229m
Investcorp, a leading global alternative investment firm, has announced that it has reached an agreement with US-based Centric Software for the sale of its majority stake in Contentserv, a leading provider of AI-fueled Product Information Management (PIM) and Product Experience Management (PXM) solutions. A Silicon Valley–based software company headquartered in California, the Centric Software is a subsidiary of French multinational software group Dassault Systèmes. Headquartered in Germany, Contentserv enables fast-moving consumer goods and other companies to create and manage product content intuitively and effectively by means of AI to optimize consumer experiences across all digital sales channels. With Contentserv solutions, retailers, brands and manufacturers are able to execute strategies such as more or simply better product offers, regions and sales channels for increased product sell-through. Contentserv users have reported ROI such as a 30% reduction in time to market, 70% faster catalogue creation, 75% more accurate product information and increased sales channel coverage in more languages. Since Investcorp's acquisition in 2019, the company has grown its recurring revenues approximately sixfold and today serves over 1,600 customers in 90 countries globally. In 2023, Contentserv completed the strategic add-on acquisition of Shoppingfeed in France, which significantly bolstered its European presence and expanded its product capabilities into the complementary feed management category, which has been very well received throughout its customer base. Yusef Al Yusef, Global Head of Distribution, Investcorp, said it has extensive experience in supporting technology businesses in Europe and across other key markets. "Contentserv is a dynamic business which has seen robust growth, becoming a leader of AI-fueled PIM and PXM solutions and we look forward to seeing their progress in the future. In the technology sector, we continue to see substantial opportunities to support promising companies in accelerating their growth," he noted. Georg Knoflach, Managing Director, Investcorp, said: "Our investment in Contentserv builds on a tradition of supporting fast-growing technology businesses in the DACH region, to accelerate growth, internationalize and expand into new product categories, both organically as well as through M&A." "Over the last five years Contentserv has grown rapidly and developed a market leading product offering, and we are delighted to see it well prepared for its next chapter with Centric Software," he added. Contentserv CEO Michael Kugler said: "Investcorp has been a wonderful partner for our growth over the last five years, helping us to continue our international expansion, to where we now stand as a global company." "Thanks to their support, we feel like we are in a stronger position as we join Centric Software, to double down on our product strategy and continue to the next, exciting chapter of Contentserv," he stated. Bahrain-based Investcorp is a global investment manager specializing in alternative investments across four asset classes: private equity, real assets, Credit (CLOs, Broadly Syndicated Loans & Structured Credit, and Middle-Market Direct Lending), and Liquid Strategies (Absolute Return Investments and Insurance Asset Management). It has a long history of investing in and supporting technology-enabled businesses, with notable investments including VEDA, NetRom Software, Zift Solutions and HWG Sababa. The sale of Contentserv follows previous successful exits in other DACH headquartered software companies, including Avira (sold to NortonLifelock) and Softgarden (sold to Grupa Pracuj).
