GrowthGate Capital Corporation, the GCC based specialist buyout firm, announced that it has reached a final agreement to acquire 30% of Rubicon, MENA’s leading digital content production & animation company. Rubicon is a pioneer in k-12 education content, currently used in many countries across the region such as Jordan, Oman, Algeria and Morocco. The company has the largest 2D and 3Danimation studio in the Middle East, and is executing location-based entertainment projects in two destination...READ MORE

October 14, 2008, United Arab Emirates - GrowthGate acquires part of Averda International Ltd:

GrowthGate Capital Corporation, the GCC-based specialist buyout firm, announced that it has reached a final agreement to acquire 33.33% of Averda International Ltd., an integrated waste management concern with solid waste operations concentrated in the Middle East and North Africa. Averda, a privately-held company, which is majority owned by its founders-managers, services more than 2 million people located in some 500 communities, and has consolidated annual revenues of circa $100 million an...READ MORE

August 30, 2008, United Arab Emirates - GrowthGate Completes a $100 Million Capital Increase:

GrowthGate, the GCC-based specialist buyout firm, has announced the completion of a $100 million private placement of shares as part of its capital raising program for the current year. The funds were contributed in full by the existing shareholders of GrowthGate and will be allocated to a series of earmarked investments in portfolio companies that are principally located in the GCC as well as other select markets of the wider MENA region. GrowthGate was established in 2007, with an authorize...READ MORE

May 11, 2008, United Arab Emirates - GrowthGate acquires part of Roots Group

 GrowthGate Capital Corporation, the GCC-based specialist buyout firm, has announced that it has reached a final agreement to acquire part of Arabian Roots Group, a Saudi based building materials conglomerate, and will separately acquire additional equity interests in this conglomerate's Retail Division. Arabian Roots is a privately held Saudi corporation with sales of circa SAR 700 million and expected profits of SAR 37 million for the fiscal year 2008. The value of the transaction was not d...READ MORE

January 7, 2008, United Arab Emirates - GrowthGate-led Consortium acquires Part of Gama Holdings Ltd:

Gama Holding Ltd, owner of several business aviation companies in Europe including Gama Aviation Ltd is eying the region for expansion.

GrowthGate, the GCC-based specialist buyout firm, has announced that a Consortium led by it and which comprises Crescent Investment LLC and few other strategic investors, has reached a final agreement to acquire 33.33% of Gama Holdings Ltd and will control 51% of the capital stock of Gama Middle East and North Africa, under formation. Gama is a privat...READ MORE

June 15, 2007, United Arab Emirates - GrowthGate acquires 49% of E-Freight International:

GrowthGate the newly established Bahrain-incorporated buyout firm, has announced the execution of a final sale and purchase agreement to acquire 49% of the capital stock of E-Freight International, a leading logistics, warehousing and freight forwarding company based in the UAE. E-Freight’s estimated profits in 2007 were at AED 13 million. The company has operations in Sharjah, Jebel-Ali and the Dubai Free Zone in additional to special logistics support and freight services in Afghanistan. E-...READ MORE