Qatar Investment Authority and a consortium has acquired stake in Celonis, a German software company, for $400 million.
Launched in 2011, Celonis provides software solutions for companies to run their business processes entirely on data and intelligence. (QIA was established in 2005. Headquartered in Doha, it was founded as a means to strengthen the country's economy. the fund predominantly invests in international markets United States, Europe and Asia-Pacific and within Qatar outside the energy sector.)
Qatar Investment Authority is listed in the Middle East Investors Directory with the code BD44.
What we like about the deal:
We like how their funding has increased in each series: Series A $27.5 million, Series B $50 million, Series C $290. More details in their press release here.
Job of the day:
London Stock Exchange Group is hiring a business development manager for Africa & Middle East based in Dubai See more
Qatar Investment Authority and a consortium has acquired stake in Checkout.com, a UK-based global payments processor, for 1 billion USD.
Launched in 2012, checkout.com provides payments solutions in more than 150 currencies with a team of 1,700 people across 19 offices. (QIA was established in 2005. Headquartered in Doha, it was founded as a means to strengthen the country's economy. the fund predominantly invests in international markets United States, Europe and Asia-Pacific and within Qatar outside the energy sector.)
Qatar Investment Authority is listed in the Middle East Investors Directory with the code BD44.
What we like about the deal:
This is Checkout.com series D of fundraising and they are talking about Web3 in their press release; a lot! We are witnessing a huge interest from Middle East investors in crypto and Web3.
Job of the day:
Morgan Stanley is offering an investment banking internship in Dubai. See more
Qatar investors of Qatar Investment Authority (QIA), and some other venture capital firms invested $40 million in OncoResponse, a healthcare company developing antibodies for the treatment of cancer.
Established in 2015 and based in Houston Texas, OncoResponse is leveraging the human immune system to identify fully human monoclonal antibodies that will lead to the development of therapeutics for treatment of cancer. (QIA was established in 2005. Headquartered in Doha, it was founded as a means to strengthen the country's economy. the fund predominantly invests in international markets United States, Europe and Asia-Pacific and within Qatar outside the energy sector.) More details here.
Qatar Investment Authority is listed in the Middle East Investors Directory with the code BD44.
Qatar investors of Qatar Investment Authority (QIA), along with other investors have acquired an office building in Beverly Hills California for $177 million.
The Wilshire Boulevard office building is a 171,000 square foot office property located in the middle of the golden triangle of Beverly Hills. (QIA was established in 2005. Headquartered in Doha it was founded as a means to strengthen the country's economy.)
Qatar Investment Authority is listed in the Middle East Investors Directory with the code BD44.
More details follows
Qatar Solar Technologies, an integrated solar investment firm, has acquired 49% stake in Germany's solar energy producer SolarWorld Industries.
Established in 1988, SolarWorld is a German company dedicated to the manufacture and marketing products worldwide by integrating all components of the solar value chain. (Established in 2010, Qatar Solar Technologies QSTEC is an integrated solar company with a polysilicon production plant in Qatar as well as investments in solar firms all over the world)
To see listing and email addresses of private equity and venture capital firms from Qatar similar to Qatar Solar Technologies, check the Middle East Investors Directory.
More details follows:
QInvest, a Qatar-based private equity firm, has acquired Ergo Portfoy, an asset management firm in Turkey.
Portfoy is one of the leading asset management groups in Turkey with over 1.5 billion Turkish Liras in assets under management, providing pension and mutual fund and discretionary portfolio management services. Established in 2007 QInvest's has paid up capital of $750 million with shareholders including Qatar Islamic Bank, institutional investors, as well as high-net-worth individuals. The amount of the deal is not disclosed.
QInvest is listed in the Directory of Venture Capital and Private Equity in the Middle East with the code LIP08.
More details follows
QInvest, a Qatar-based private equity firm, has joined Prudential Financial, to acquire a portfolio of 16 retail properties located in Germany.
The acquisition includes 16 multi-tenant retail assets anchored by major grocery and home improvement retail outlets, comprising more than 140,000 square meters across 57 units in western Germany. Established in 2007 QInvest's has paid up capital of $750 million with shareholders including Qatar Islamic Bank, institutional investors, as well as high-net-worth individuals.
QInvest is listed in the Directory of Venture Capital and Private Equity in the Middle East with the code LIP08.
More details follows