There are lots of complaints about lack of exits in Middle East investment sector, but a Bahrain investment bank just announced a very healthy $300 million exit for its acquisition after just three years.
Seera Investment Bank, a Shari'a compliant investment bank headquartered in Bahrain, announced the sale of BWA Water Additives (BWA), a UK based company for $300 million to Berwind Corporation, a family-owned investment management firm based in Philadelphia. As we reported back in 2008, Seera had acquired BWA for $200 million. A very healthy exit post crisis.
Seera Investment Bank is listed in the Middle East Investors Directory with the code LIP10.
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