Dubai, November 25, 2019
Dubai, November 25, 2019: Alpen Capital's Techno Blue transaction was named the winner for the "Industrials Deal of the Year (USD 50mm - USD100mm)" category, at the 18th Annual M&A Advisor Awards at the 2019 M&A Advisor Awards Gala held in New York.
The M&A Advisor Awards recognize leading transactions, firms and individuals, with the highest levels of achievement in the M&A industry. This year, over 200 nominees, representing over 500 companies, became finalists for the awards. An independent judging committee of 28 top M&A industry experts determined the ultimate recipients of the awards.
About the Techno Blue transaction: Alpen Capital had advised Abu Issa Holdings, a leading business house in the GCC, for divesting its 100% equity stake in Techno Blue W.L.L., a distributor of electronic products of international brands including Samsung and Fujifilm, to HBK Holdings W.L.L.