Superior returns
Private equity is a broad asset class that can contribute significantly to the returns of a well-diversified investment allocation.
As an experienced private equity investor, Jadwa offers its clients a large and growing portfolio of Shariah-compliant regional and international investments across sectors. We owe our success to having one of the region’s most experienced private equity teams and the discipline of a time-tested approach. We are a long-term investor. We invest in partnerships, not companies. We add value in our areas of expertise. As a result, we build long-term value together.
Regional
Jadwa is one of the most active private equity investors in the MENA region and the largest in Saudi Arabia. The firm has proved itself to be the partner of choice in the region that can propel businesses into their next phase of institutionalization and growth. We originate our private equity investments through deep roots in the GCC and proprietary access to local investment opportunities.
As a result, we have launched a multitude of funds in Saudi Arabia and the GCC across various sectors and successfully exited multiple investments through public listings and private trade sales.
International
Jadwa offers its clients distinctive investment opportunities in developed marketsin partnership with leading international private equity investment firms.
Jadwa International PE Fund is a platform that enables multi-sectoral, programmatic and deal-by-deal investing in international private equity and venture capital opportunities, with a primary focus on developed markets.
A sample of our portfolio
Blackspoon Group
Acquisition year:
2023
Acquisition stake:
100%
Geography:
UAE
Sector:
F&B
Status:
Invested
Blackspoon is a leading F&B group that owns and operates a range of restaurant chains in the UAE.
Gissah Perfumes
Acquisition year:
2023
Acquisition stake:
35%
Geography:
GCC
Sector:
Retail
Status:
Invested
Gissah is one of the fastest growing perfume players in the GCC fragrances market, offering luxury products at affordable pricing.
Dabdoob
Acquisition year:
2022
Acquisition stake:
70%
Geography:
GCC
Sector:
E-commerce
Status:
Invested
Dabdoob is the leading specialized e-commerce toy retailer in the GCC, offering one of the largest selection of toys, primarily focusing on children between the ages of 0–12 years
Al Meswak Dental Clinics
Acquisition year:
2022
Acquisition stake:
47%
Geography:
Saudi Arabia
Sector:
Healthcare
Status:
Invested
Al Meswak Dental Clinics is the largest dental group in Saudi Arabia, with more than 78 centers across 20 cities and750+ doctors. It offers a wide range of dental and orthodontic services, now including a dermatology specialization.
Mansour Rabia Medical Group
Acquisition year:
2020
Acquisition stake:
51%
Geography:
Saudi Arabia
Sector:
Healthcare
Status:
Invested
Mansour Rabia Medical Group is the largest wholesaler of pharmaceutical products in Saudi Arabia. It also owns and operate a growing chain of 50+ retail pharmacy outlets, acts as a wholesaler for a range of non-pharmaceutical cosmetic and lifestyle product, and maintains a portfolio of exclusive agencies for selected over-the-counter and cosmetics products.
Almeswak Dental Clinics
Acquisition year:
2017
Acquisition stake:
70%
Geography:
Saudi Arabia
Sector
Healthcare
Status:
Exited
Al Meswak Dental Clinics is the largest dental group in Saudi Arabia, with more than 78 centers across 20 cities and supported by a team of 750+ doctors. It offers a wide range of dental and orthodontic services, to which it recently added a dermatology specialization.
UEMedical
Acquisition year:
2016
Acquisition stake:
42%
Geography:
GCC
Sector:
Healthcare
Status:
Exited
UEMedical is a UAE-based healthcare group that owns and operates an integrated network of specialized hospitals and health centers across the UAE and Saudi Arabia, focusing on women and children’s care, fertility, diabetes and endocrinology, ophthalmology, dentistry, and dermatology. Jadwa Healthcare Opportunity Fund 2 exited its stake through a trade sale to a strategic investor in 2021.
Innova
Acquisition year:
2015
Acquisition stake:
37%
Geography:
UAE
Sector:
Petrochemical refining
Status:
Invested
Innova was established in 2010 in Sharjah, UAE, as an oil logistics and trading business. Since then, it has gradually expanded its service offering to become an integrated petrochemical by-products and waste oil processing and trading business with in-house logistics, storage and trading capabilities.
SMI
Acquisition year:
2015
Acquisition stake:
56%
Geography:
MENA
Sector:
Industrial Manufacturing
Status:
Invested
Saudi Mechanical Industries Company (SMI) is a leading engineering components manufacturer in Saudi Arabia, producing a range of products including pumps, gear drives, valves and steel and bronze bars for use in a broad array of industries, including oil & gas, infrastructure, automotive, agriculture and mining.
GEMS
Acquisition year:
2014
Acquisition stake:
100%
Geography:
Saudi Arabia
Sector:
Industrial waste
Status:
Exited
GEMS is a leading industrial waste management company in Saudi Arabia. It provides hazardous waste management and industrial and engineering services to the oil, petrochemical and industrial sectors in Saudi Arabia, and trading services of recycled oil products. Jadwa Waste Management Opportunities Fund exited its stake in GEMS through a trade sale to a strategic investor in 2019.
Al Hammadi
Acquisition year:
2012
Acquisition stake:
30%
Geography:
Saudi Arabia
Sector:
Healthcare
Status:
Exited
Al Hammadi is one of the pioneers in the Saudi healthcare sector, and has evolved into one of the largest healthcare service providers in Riyadh with 1,378 beds and 202 outpatient clinics across three hospitals. Jadwa Healthcare Opportunity Fund exited its stake in Al Hammadi through a public listing of the company on the Saudi Exchange (Tadawul).
Al Hokair Group
Acquisition year:
2012
Acquisition stake:
35%
Geography:
Saudi Arabia
Sector:
Hospitality & entertainment
Status:
Exited
Al Hokair Group is one of the earliest and largest operators in the hospitality and entertainment sector in Saudi Arabia, including Riyadh’s first theme park. Jadwa Tourism & Hospitality Opportunity Fund exited its stake in Al Hokair Group through a public listing of the company on the Saudi Exchange (Tadawul).
Al Zamil Company
Acquisition year:
2011
Acquisition stake:
49%
Geography:
Saudi Arabia
Sector:
Building materials
Status:
Exited
Al Zamil Company for Industry, Trade, & Transport is a leading building materials company, focusing on late-stage house requirements, including water tanks, manhole covers, automated doors, and insulation services. Jadwa Building Materials Opportunity Fund exited its stake in Al Zamil Company through a trade sale to strategic investors in 2020.
United Matbouli Group
Acquisition year:
2010
Acquisition stake:
49%
Geography:
Saudi Arabia
Sector:
Electronics and appliances
Status:
Invested
United Matbouli Group is Saudi Arabia’s exclusive distributor of Samsung home appliances, air conditioners, and consumer electronics, and a leading distributor of Samsung handheld devices.
Gulf Union Foods Co.
Acquisition year:
2009
Acquisition stake:
30%
Geography:
Saudi Arabia
Sector:
Food & beverage
Status:
Exited
Gulf Union Foods Co. (GUFC) is one of the leading companies in the production and marketing of juices and beverages in Saudi Arabia. Jadwa’s Food and Beverage Opportunity Fund exited its stake in GUFC through a trade sale to Olayan Financing Company in 2014.
Luberef
Acquisition year:
2007
Acquisition stake:
30%
Geography:
Saudi Arabia
Sector:
Oil & gas
Status:
Exited
Saudi Aramco Base Oil Company (Luberef) is one of the world’s leading manufacturers of high-quality base oils. It is the largest base oil supplier in Saudi Arabia and a major supplier to the GCC, Middle East, East Africa, and Asian markets.
