Home » Dubai Investors »

|| GrowthGate acquired 30% of an animation firm

dubai-animation-investorGrowthGate Capital, a Middle East private equity firm, just announced that it has reached a final agreement to acquire 30% of Rubicon, a Middle East-focused digital content production & animation firm, for an undisclosed amount.

Rubicon operates out of Amman, Dubai, L.A., and Manila and has the largest 2D and 3D animation studio in the Middle East. In October 2008, MGM studios and Rubicon announced that they are producing new episodes of MGM's Pink Panther series to air on Cartoon Network channels worldwide. The company has announced its forecast revenues for 2010 in excess of $100 million. (As DubaiBeat reported on GrowthGate's last deal back in 2008, their last investment was also in a $100m revenue firm)

GrowthGate’s other portfolio companies are Able Logistics Group (logistics & transport), Gama Aviation Holding (managed-private jets and aviation services), Roots Group (construction-related materials) and Averda International (environmental & waste management services).

Their full press release follows

Previous Post: 43% of overseas investments in UK's commercial real estate came from Middle Eastern investors
Next Post: UAE investor to buy a French fashion house

More from Dubai Investors ...

  Middle East investors acquired stake in online firm Bloovo.com for $3 million (June 2017)

  Dubai investors of GII acquired stake in Canadian firm Nymi for $15 million (May 2017)

  Dubai firm acquired 51% of fashion website Namshi for $151 million (May 2017)

  Middle East investors acquired Amazon’s largest UK distribution warehouse for $76 million (April 2017)

  Dubai private equity firm invested $50 million in South American home designer (March 2017)

  Dubai deVere Group acquires private bank in the Caribbean (February 2017)

  Dubai investment firm acquired California shopping center Poinsettia Plaza (February 2017)

  Dubai investors of Delta Partners led investment of $20 million in Knowlarity (January 2017)

  Dubai investors of Enspire acquired stake in Swedish firm Plantagon (November 2016)

  Dubai investment firm acquired stake in digital music service Anghami (November 2016)

|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.

|| Subscribe

Copyright 2007-2018 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter