Latest news with #YusefalYusef
Biz Bahrain
30-04-2025
- Business
- Biz Bahrain
Investcorp Sells RESA Power After Quadrupling Business in Three Years
Investcorp, a leading global alternative investment firm, today announced that it has sold its investment in RESA Power ('RESA' or 'The Company'), a leading provider of power systems electrical testing, transformer services, and life extension solutions for power distribution equipment, to Kohlberg. This transaction marks the first exit for Investcorp's North American Private Equity Fund I. RESA has grown revenues by over four times and today serves thousands of commercial & industrial, utility and datacenter customers across North America. During Investcorp's ownership period, the Company significantly accelerated organic growth and expanded capabilities across geographies and product categories through strategic M&A. Mohammed Alardhi, Executive Chairman of Investcorp, stated: 'Since we embarked upon our growth journey in 2015, the United States has been one of our biggest growth avenues. Our expertise in private markets, demonstrated over four decades in the world's largest economy, is evident once again. We have consistently invested in attractive middle-market service businesses in the United States and this outstanding result validates our investment strategy and the talent of our team. We aim to continue this success globally across our Private Equity business.' Since Investcorp's acquisition in 2021, RESA has grown revenues approximately fourfold and today serves hundreds/thousands of customers in 14 states and provinces across North America. During Investcorp's ownership period, the Company accelerated organic growth through an enhanced national accounts strategy and completed 14 strategic add-on acquisitions to expand across service offerings and geographies. The Company also instituted an Employee Ownership Program that granted equity to all employees with at least one year of service, the first-of-its-kind in the electrical power industry. By providing an opportunity for employees to participate in the value that they helped to create, the Company has reduced employee turnover by over 10 percent. Yusef al Yusef, Global Head of Distribution at Investcorp, said: 'The sale of RESA is a tremendous outcome for our investors, and validates our strategy of growing industrial services businesses through investments in digitization, internal infrastructure, strategic M&A and talent. The RESA team embraced our vision fully and is well positioned for continued success.' Scott Harrison, Chief Executive Officer, RESA Power, said: 'Investcorp was truly a value-added partner for RESA since day one. Together we laid the groundwork for our digital transformation, including the introduction of proprietary, AI-driven tools like Power Pulse, which monitors asset maintenance cycles. Also, by creating a repeatable blueprint for M&A, Investcorp helped accelerate our value creation plan ahead of schedule. '
Mid East Info
29-04-2025
- Business
- Mid East Info
Investcorp Sells RESA Power After Quadrupling Business in Three Years - Middle East Business News and Information
RESA Power has become the preeminent power services provider under Investcorp's ownership Manama, Bahrain — April, 2025 – Investcorp, a leading global alternative investment firm, today announced that it has sold its investment in RESA Power ('RESA' or 'The Company'), a leading provider of power systems electrical testing, transformer services, and life extension solutions for power distribution equipment, to Kohlberg. This transaction marks the first exit for Investcorp's North American Private Equity Fund I. RESA has grown revenues by over four times and today serves thousands of commercial & industrial, utility and datacenter customers across North America. During Investcorp's ownership period, the Company significantly accelerated organic growth and expanded capabilities across geographies and product categories through strategic M&A. Mohammed Alardhi, Executive Chairman of Investcorp, stated: 'Since we embarked upon our growth journey in 2015, the United States has been one of our biggest growth avenues. Our expertise in private markets, demonstrated over four decades in the world's largest economy, is evident once again. We have consistently invested in attractive middle-market service businesses in the United States and this outstanding result validates our investment strategy and the talent of our team. We aim to continue this success globally across our Private Equity business.' Since Investcorp's acquisition in 2021, RESA has grown revenues approximately fourfold and today serves hundreds/thousands of customers in 14 states and provinces across North America. During Investcorp's ownership period, the Company accelerated organic growth through an enhanced national accounts strategy and completed 14 strategic add-on acquisitions to expand across service offerings and geographies. The Company also instituted an Employee Ownership Program that granted equity to all employees with at least one year of service, the first-of-its-kind in the electrical power industry. By providing an opportunity for employees to participate in the value that they helped to create, the Company has reduced employee turnover by over 10 percent. Yusef al Yusef, Global Head of Distribution at Investcorp, said: 'The sale of RESA is a tremendous outcome for our investors, and validates our strategy of growing industrial services businesses through investments in digitization, internal infrastructure, strategic M&A and talent. The RESA team embraced our vision fully and is well positioned for continued success.' Scott Harrison, Chief Executive Officer, RESA Power, said: 'Investcorp was truly a value-added partner for RESA since day one. Together we laid the groundwork for our digital transformation, including the introduction of proprietary, AI-driven tools like Power Pulse, which monitors asset maintenance cycles. Also, by creating a repeatable blueprint for M&A, Investcorp helped accelerate our value creation plan ahead of schedule. ' About Investcorp: Investcorp is a global investment manager specializing in alternative investments across four asset classes: Private Equity (Mid-Market Buyouts, Growth Investments, and GP Staking), Real Assets (Infrastructure and Real Estate), Credit (CLOs, Broadly Syndicated Loans & Structured Credit, and Middle-Market Direct Lending), and Liquid Strategies (Absolute Return Investments and Insurance Asset Management). Since our inception in 1982, we have focused on generating attractive returns for our clients and seeking to create long-term value in our portfolio companies by adopting a disciplined investment process, employing talented professionals, and utilizing the resources of a global institution with an innovative approach. We invest capital in our products and strategies, aligning interests with our clients and other stakeholders. We pursue sustainable value creation through our investments and in the communities in which we operate and take pride in partnering with clients to deliver tailored solutions for their needs. Today, Investcorp manages $55 billion in assets, including assets managed by third party managers. Investcorp has 14 offices in the US, Europe, GCC and Asia, including, India, China, Japan and Singapore and employs approximately 500 people from 50 nationalities globally.
Daily Tribune
18-03-2025
- Business
- Daily Tribune
Investcorp Acquires Majority Stake in German Supply Chain Consultancy Miebach
Global alternative investment firm Investcorp has signed a definitive agreement to acquire a majority stake in Miebach Logistik Holding GmbH, a leading provider of supply chain and logistics consultancy services. The deal, whose financial terms remain undisclosed, will see Miebach's existing equity partnership retain a significant minority stake. Headquartered in Frankfurt am Main, Germany, Miebach was founded in 1973 by Dr. Joachim Miebach and has since grown into a global leader in supply chain and logistics consulting. The company operates in a market valued at approximately €30 billion, with projected double-digit annual growth driven by increasing demand for supply chain resiliency, sustainability, digitalization, and automation. Miebach's services range from strategic supply chain development to engineering implementation, offering digital solutions tailored to clients' warehousing infrastructure. With over 500 employees across 27 offices in 20 countries, the firm serves international blue-chip clients across multiple industries. Through its partnership with Investcorp, Miebach aims to expand its organic growth strategies while developing a focused mergers and acquisitions (M&A) approach. 'Investcorp is pleased to acquire and partner with Miebach. As a global leader in supply chain consulting, logistics, and material flow engineering, Miebach has established itself as an end-to-end consultant for international clients with complex supply chain needs,' said Yusef al Yusef, Global Head of Distribution at Investcorp. 'With our expertise in scaling specialized service firms and enhancing their technology-enabled offerings, we look forward to collaborating with Jürgen, Jorge, and the entire Miebach team to build on their impressive track record and strong market position.' Jürgen Hess, Co-CEO of Miebach, expressed optimism about the partnership, stating, 'Miebach has built a strong reputation and loyal client base over the past decades, positioning us for the next phase of our growth journey. With Investcorp's support and their extensive experience in professional services, we will further enhance our service offerings and strengthen our 'One Miebach' strategy to better serve new and existing clients.' Jorge Motje, Miebach's Co-CEO, echoed this sentiment, noting, 'Investcorp's values and vision align with our mission and growth ambitions. Their understanding of specialized services and how to scale a global business makes them an ideal partner for Miebach. We look forward to a successful collaboration as we continue our expansion.' Investcorp's European private equity division has invested approximately €2.1 billion in companies across Europe since 2012. The Miebach acquisition marks the firm's fifth investment in the past 15 months, following deals involving SEC Newgate, Outcomes First Group, Stowe, and Epipoli, further solidifying Investcorp's leadership in service-oriented businesses. The transaction is expected to be completed in the second quarter of 2025, pending customary regulatory approvals.
Biz Bahrain
27-02-2025
- Business
- Biz Bahrain
Investcorp Grows U.S. Industrial Portfolio with Acquisitions in Minneapolis & Baltimore
Investcorp, a leading global alternative investment firm, today announced that it has acquired two industrial portfolios in the Minneapolis and Baltimore markets for a gross transaction value of over $335 million. The acquisitions bolster Investcorp's strategy to expand its presence in key U.S. industrial markets with significant population bases, diversified economies and resilient tenant demand. The portfolios comprise a total of 27 properties and 2.7 million square feet, and include: Minneapolis Industrial Portfolio, a 17-building portfolio spanning nearly 1.9 million square feet; and Baltimore Industrial Portfolio, a 10-building portfolio totaling approximately 881,000 square feet. Yusef al Yusef, Global Head of Distribution at Investcorp, said, 'The evolution of supply-chain logistics over the past several years has continued to support demand in the U.S. industrial sector, which has retained its strong fundamentals throughout market cycles despite broader economic volatility. With e-commerce showing no sign of slowing and a lack of new supply for infill and urban products, we continue to believe in the long-term viability of the asset class.' As of Q4 2024, market rent growth over the past three years averaged 13.4% in Baltimore and 11.4% in Minneapolis, outpacing the average of 9.3% in the top 50 U.S. metropolitan areas, according to Green Street Advisors. Minneapolis is anchored by a diverse economy with robust labor dynamics, hosting 17 Fortune 500 companies including Target Corporation, Best Buy Co., Inc., 3M Company and General Mills, Inc. Baltimore has seen a recent influx of companies due partially to its pro-business environment, and major corporations such as Optum, Inc., Jones Lang LaSalle Inc. (JLL), Under Armour, Inc. and Morgan Stanley & Co. call the city home. 'The Minneapolis and Baltimore portfolio acquisitions offer us a unique opportunity to scale our presence in two markets with highly diversified tenancies,' stated Michael Moriarty, Managing Director and Head of Commercial Acquisitions at Investcorp. 'The properties making up each of these portfolios feature favorable characteristics such as high average clear heights, ample loading docks, plentiful parking and convenient locations proximate to major thoroughfares, employment centers and residential neighborhoods, ensuring they'll be able to serve the needs of a wide variety of tenants. We look forward to continuing to seek attractive industrial investment opportunities in fundamentally strong markets with proximity to established population bases across the U.S.' Investcorp is among the top-5 largest cross-border buyers of U.S. real estate over the past five years, according to Real Capital Analytics. The firm's U.S. real estate strategy invests primarily in the industrial and residential asset classes, with 98% of its portfolio consisting of these property types. Additionally, in 2024, the Investcorp real estate team placed at number 51 on PERE's PERE 100, one of the most prominent rankings of real estate equity investment managers in the industry. Since 1996, Investcorp has acquired approximately 1,400 properties for a total value of over $26 billion.
Mid East Info
26-02-2025
- Business
- Mid East Info
Investcorp Grows U.S. Industrial Portfolio with Acquisitions in Minneapolis & Baltimore - Middle East Business News and Information
Transactions totaling over $335 million bolster the firm's strategic presence in well-established Midwest and Mid-Atlantic markets Manama, Bahrain– Investcorp, a leading global alternative investment firm, today announced that it has acquired two industrial portfolios in the Minneapolis and Baltimore markets for a gross transaction value of over $335 million. The acquisitions bolster Investcorp's strategy to expand its presence in key U.S. industrial markets with significant population bases, diversified economies and resilient tenant demand. The portfolios comprise a total of 27 properties and 2.7 million square feet, and include: Minneapolis Industrial Portfolio, a 17-building portfolio spanning nearly 1.9 million square feet; and Baltimore Industrial Portfolio, a 10-building portfolio totaling approximately 881,000 square feet. Yusef al Yusef, Global Head of Distribution at Investcorp, said, 'The evolution of supply-chain logistics over the past several years has continued to support demand in the U.S. industrial sector, which has retained its strong fundamentals throughout market cycles despite broader economic volatility. With e-commerce showing no sign of slowing and a lack of new supply for infill and urban products, we continue to believe in the long-term viability of the asset class.' As of Q4 2024, market rent growth over the past three years averaged 13.4% in Baltimore and 11.4% in Minneapolis, outpacing the average of 9.3% in the top 50 U.S. metropolitan areas, according to Green Street Advisors. Minneapolis is anchored by a diverse economy with robust labor dynamics, hosting 17 Fortune 500 companies including Target Corporation, Best Buy Co., Inc., 3M Company and General Mills, Inc. Baltimore has seen a recent influx of companies due partially to its pro-business environment, and major corporations such as Optum, Inc., Jones Lang LaSalle Inc. (JLL), Under Armour, Inc. and Morgan Stanley & Co. call the city home. 'The Minneapolis and Baltimore portfolio acquisitions offer us a unique opportunity to scale our presence in two markets with highly diversified tenancies,' stated Michael Moriarty, Managing Director and Head of Commercial Acquisitions at Investcorp. 'The properties making up each of these portfolios feature favorable characteristics such as high average clear heights, ample loading docks, plentiful parking and convenient locations proximate to major thoroughfares, employment centers and residential neighborhoods, ensuring they'll be able to serve the needs of a wide variety of tenants. We look forward to continuing to seek attractive industrial investment opportunities in fundamentally strong markets with proximity to established population bases across the U.S.' Investcorp is among the top-5 largest cross-border buyers of U.S. real estate over the past five years, according to Real Capital Analytics. The firm's U.S. real estate strategy invests primarily in the industrial and residential asset classes, with 98% of its portfolio consisting of these property types. Additionally, in 2024, the Investcorp real estate team placed at number 51 on PERE's PERE 100, one of the most prominent rankings of real estate equity investment managers in the industry. Since 1996, Investcorp has acquired approximately 1,400 properties for a total value of over $26 billion. About Investcorp: Investcorp is a global investment manager specializing in alternative investments across four asset classes : Private Equity (Mid-Market Buyouts, Growth Investments, and GP Staking), Real Assets (Infrastructure and Real Estate), Credit (CLOs, Broadly Syndicated Loans & Structured Credit, and Middle-Market Direct Lending), and Liquid Strategies (Absolute Return Investments and Insurance Asset Management). Since our inception in 1982, we have focused on generating attractive returns for our clients and seeking to create long-term value in our portfolio companies by adopting a disciplined investment process, employing talented professionals, and utilizing the resources of a global institution with an innovative approach. We invest capital in our products and strategies, aligning interests with our clients and other stakeholders. We pursue sustainable value creation through our investments and in the communities in which we operate and take pride in partnering with clients to deliver tailored solutions for their needs. Today, Investcorp manages $55 billion in assets, including assets managed by third party managers. Investcorp has 14 offices in the US, Europe, GCC and Asia, including, India, China, Japan and Singapore and employs approximately 500 people from 50 nationalities globally.
