Dubai, December 14, 2020:

[Alpen Capital] Alpen Capital's Pyramids Group transaction receives M&A Advisor Award

Alpen Capital's Pyramids Group transaction has been selected as the “M&A DEAL OF THE YEAR” in the $10MM-$25MM category at the 19th Annual M&A Advisor Awards.

This is the second time in a row that one of our transactions has received an M&A Advisor Award. Last year the Techno Blue transaction in Doha was named the winner for the “Industrials Deal of the Year” in the $50MM – $100MM category.

About The M&A Advisor: The M&A Advisor was founded in 1998 in the USA to offer insights and intelligence on M&A activities. They recognize leading transactions, firms and individuals, with the highest levels of achievement in the M&A industry. This year an independent judging committee of 40 top M&A industry experts determined the ultimate recipients of the awards.

About the Pyramids Group transaction: Alpen Capital had advised Pyramids Group Abu Dhabi in divesting a 70% stake to Ghobash Trading & Investment Company, a privately-owned, diversified Group in Dubai. Pyramids includes three establishments, Pyramids Health Services (PHS), Ability Pediatric Rehabilitation Medical Centre (PRC), and Pyramids Dialysis Center (PDC). The entities were established to bridge the gap in the UAE healthcare sector in three particular areas, homecare, dialysis and pediatric rehabilitation.The transaction included acquisition of an equity stake in each of these businesses.

Alpen Capital: Alpen Capital is a leading investment banking advisory firm which offers a full range of advisory services in the areas of M & A, Debt, Equity and Capital markets. With local know-how and regional expertise, Alpen Capital has executed transactions for some of the largest business conglomerates in the GCC and South Asia. We have offices in Dubai, Abu Dhabi, Doha, Muscat, and New Delhi. Alpen Capital also brings out Industry research reports on various sectors in the GCC. For more details, please click on www.alpencapital.com

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