The transaction follows Compass’s partial exit in May 2018 through CI Capital’s initial public offering, with the investment generating a money multiple of 3.22x in EGP (USD 3.37x) since acquisition in March 2017
Compass Portfolio Company Bonyan Launches The Walk of Cairo (WOC), West Cairo’s Newest Outdoor Lifestyle Destination
The Walk of Cairo (WOC) reintroduces the “high -street” concept to Egypt, offering a unique outdoor lifestyle experience encompassing entertainment, leisure, dining, retail, and office space with two walkways totaling 1,700 meters
Tarek Abdel Rahman brings decades of experience in corporate finance and investment banking; backed by his deep industry knowledge of the real estate sector, Abdel Rahman will jointly lead Compass’ investment initiatives while overseeing Compass’ recently acquired Bonyan to transform its award-winning Designopolis Mall into a complete lifestyle destination.
Active management of portfolio companies is the right way to maximize value and gain the trust of external investors; for the past eight years, the team at Compass has played an active hands-on role in the development of its portfolio companies; Compass Founder & Chairman Shamel Aboul Fadl tells participants at Egypt first M&A and Private Equity Forum