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Greater economic integration between Gulf states will foster more mergers in the region and more jobs for a quintessential boutique, Gulf Merger. Essentially the creation of one man, Gulf Merger’s focus – middle-market M&A advisory and acquisition finance involving Kuwaiti firms – could hardly be more specialized.
Nevertheless, it will start worrying larger, less-specialized companies if Lebanese-French chief executive and founder Yann Pavie (above) opens offices in Qatar, Lebanon and, above all, in Saudi Arabia as he plans. He also wants to add four more bankers to his team of eight by 2010.
Pavie, who previously helped found the investment banking arm of National Bank of Kuwait, says he might close as many as nine transactions in the coming year. This would constitute Gulf Merger’s best year since its establishment in March 2007.
Prospects include cross-border acquisitions and sales involving Kuwaiti companies and counterparts in Saudi Arabia, Lebanon and Jordan, among other countries.