Lumina Capital Advisers acted as lead financial adviser to the shareholders of Grant Thornton - UAE on its combination with Grant Thornton Advisors LLC, the multinational platform backed by New Mountain Capital. The Middle East professional services market is expected to grow at 5.8% CAGR in the five years to 2029, driven by increasing levels of regulation, a rising demand for specialised services and further globalisation as international businesses open regional bases. The deal exemplifies a complex set of key strategic themes playing out in the growing Middle East M&A professional services space:
#Middleeast as an ongoing bright spot, despite uncertainty in global markets underscoring the importance of a regional presence as firms seek to deliver truly international platforms to global client bases
#Privateequity reaffirms commitment to regional dealmaking by continuing to back the high growth in the region through deploying further capital across the private equity value chain, particularly #buyandbuild strategies.
#Professionalservices #businesservices #corporateservices #legalservices continues on its upwards trajectory, a notable combination of M&A and organic growth activity with investors attracted to the proven earnings and resilience of the sector, the growth potential of the region and the value creation opportunities as traditional models are being enhanced by advancements in technology, outsourcing and AI
A deep understanding of Middle East and International Markets is required and this deal is a standout example of leveraging our 150+ years of international deal experience to build bridges between the Middle East, European and US deal ecosystems. Lumina led on managing numerous international stakeholders, advising on multifaceted deal structuring issues and negotiating highly complex closing mechanics to bring the deal to completion in an accelerated time frame.
For further information please contact Andrew Nichol and James Jarvis