Gulf Capital to buy stake in consulting firm for $27 million
Abu Dhabi-based private equity firm Gulf Capital is in the final stage of acquiring close to 80 per cent of regional consultancy firm Reach Group - Reuters is reporting.
The deal may be valued at around $27 million (Dh100 million), according to the source. Gulf Capital will be closing the transaction during the first quarter this year through its $533 million Private Equity Fund II, one of the sources said.
Gulf Capital is listed in the Middle East Investors Directory with the code OR26.
More details follows from Reuters
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