Itqan acquires either controlling or strategic minority interests in successful or emerging companies. In some cases we establish partnerships with the existing owners or management team. Our aim is to achieve healthy dividend yield during the holding period and capital gains upon exit.
The businesses we seek have sustainable propositions, strong management, a clear strategy with opportunities for growth, compelling exit potential, and comply with Shariah principles. Itqan can provide support in the form of additional working capital, bank financing or strategic guidance, although we do not become directly involved in day-to-day management.
We typically focus on SMEs and growth businesses valued between $3-15 million - or larger with co-investors - and based in the MENA countries. Smaller transactions are considered in certain high-growth situations, or where opportunities exist for logical add-on acquisitions.