Despite rising regional tensions, Saudi companies continue to attract investment. Investcorp, the leading global alternative investment firm, said on Tuesday it joined a consortium led by AlTouq Group and Thara Future Investments in the acquisition of REDA Gulf Holding, the holding company of REDA Hazard Control.
The transaction represents the latest investment by Investcorp’s Saudi Pre-IPO Growth Fund and reflects the consortium’s continued confidence in the long-term growth prospects of Saudi Arabia and the wider Gulf Cooperation Council countries, the company said in a statement.
It also reflects Investcorp’s strong investment pipeline, partnering with reputable consortium members and continued focus on developing high-quality businesses in sectors critical to the region’s economic growth and transformation.
According to Bloomberg, Investcorp manages approximately $62 billion in total assets, including those overseen by third-party managers.
The investment firm’s Pre-IPO Growth Fund has a total target size of $500 million.
Founded in Saudi Arabia in 1986, REDA Gulf Holding has established itself as a market leader in fire protection, safety and security solutions, serving a diversified base of blue-chip customers across multiple sectors, including highly demanding industrial environments.
The company provides end-to-end solutions spanning product supply and distribution, local assembly and manufacturing, systems installation and ongoing maintenance services.
RGH employs more than 1,700 skilled engineers and technicians and today operates across 19 countries.
“The company has built an exceptional reputation over nearly four decades as a trusted leader in fire, safety, security and hazard-control solutions,” said AbdulMohsen AlTouq, Chairman of REDA Gulf Holding.
“We are impressed by REDA Gulf Holding’s strong market position, talented workforce, deep customer relationships and proven management team,” he noted, adding that this investment aligns with the company’s strategy of partnering with high-quality businesses.
“We are pleased to have brought together a strong consortium and look forward to working alongside our exceptional partners and the management team to accelerate the Company’s next phase of growth,” AlTouq said.
Walid Majdalani, Head of Investcorp Private Equity Emerging Markets at Investcorp, said: “We are delighted to be part of this consortium and to support a Company that has consistently demonstrated operational excellence and a strong commitment to its customers and suppliers.”
According to Majdalani, this investment reflects the strategy of “our Saudi Pre-IPO Growth Fund: identifying leading businesses with strong fundamentals and partnering with management teams and like-minded prominent shareholders to accelerate growth and strengthen institutional capabilities.”
He said Investcorp looks forward to supporting REDA Gulf Holding as it builds on its strong market position and captures the opportunities ahead.
Mohamad Ezzat Beck, Chief Executive Officer of REDA Gulf Holding, said: “This investment is a strong recognition of what our team has built over the years and reflects the confidence of our new shareholders in REDA Gulf Holding, its people, and its future.”
Hisham Attar, Founder and Managing Partner of Thara Future Investments, said, “We look forward to working with the management team to deepen localization, expand into new markets and build a Saudi national champion.”
