{"id":598744,"date":"2019-06-03T04:00:10","date_gmt":"2019-06-03T04:00:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/helios-eaef-acquire-96-7-stake-in-misr-hytech\/"},"modified":"2019-06-03T04:00:10","modified_gmt":"2019-06-03T04:00:10","slug":"helios-eaef-acquire-96-7-stake-in-misr-hytech","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/helios-eaef-acquire-96-7-stake-in-misr-hytech\/","title":{"rendered":"Helios, EAEF acquire 96.7% stake in Misr Hytech"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <b>M&A WATCH- Helios, EAEF acquire 96.7% of Misr Hytech:<\/b> <a href=\"https:\/\/www.heliosinvestment.com\/\">Helios Investment Partners<\/a> and the <a href=\"https:\/\/www.eaefund.org\/\">Egyptian-American Enterprise Fund<\/a> (EAEF) have acquired a 96.7% stake in <a href=\"http:\/\/www.hytechseed.com\/\">Misr Hytech<\/a>, <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/06\/English_MH-Draft-Press-Release-vF.pdf\">according to a statement<\/a>. The acquisition was made through investment manager <a href=\"https:\/\/loraxcapitalpartners.com\/\">Lorax Capital Partners<\/a>. \u201cWe are very excited about the great potential of this investment in contributing to the betterment of the Egyptian agricultural landscape,\u201d James Harmon, chairman of the EAEF, said. \u201cThe achievement of the previous shareholders and excellent management team has strategically positioned Misr Hytech as a leader and pioneer in the Egyptian corn and sorghum market.\u201d The EAEF had been looking to acquire a majority stake in the company <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/\">since March 2018<\/a>.<\/p>\n<p><b>Misr Hytech is one of the largest seed suppliers in the Middle East and Africa,<\/b> producing hybrid white corn, yellow corn, grain and fodder sorghum, sweet corn, and vegetable seeds. Corn is one of the most widely consumed crops in Africa.<\/p>\n<p><b>Advisors: <\/b>Matouk Bassiouny and Norton Rose Fulbright acted as the primary legal advisors, and DLA Piper was the intellectual property advisor. The selling shareholders received legal counsel from Nyemaster Law Firm and Al Tamimi & Company; Gulfstone Capital was sell-side financial advisor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Helios, EAEF acquire 96.7% of Misr Hytech: Helios Investment Partners and the Egyptian-American Enterprise Fund (EAEF) have acquired a 96.7% stake in Misr Hytech, according to a statement. The acquisition was made through investment manager Lorax Capital Partners. \u201cWe are very excited about the great potential of this investment in contributing to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":598745,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[757,72,8859,7128,4545,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-egyptian-american-enterprise-fund","tag-enterpriseam","tag-helios-investment-partners","tag-ma-watch","tag-misr-hytech","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a01e9086-664d-4abb-b465-89a89140e028","is_powered_by":true,"section_story_id":"79db71c9-c32a-44f8-90b7-5273a5bdff6b","story_type":"1","photo_url":"https:\/\/ent.news\/2023\/1\/291.jpg","photo_position":"above","related_issue":[598734],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Helios, EAEF acquire 96.7% stake in Misr Hytech - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/helios-eaef-acquire-96-7-stake-in-misr-hytech\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Helios, EAEF acquire 96.7% stake in Misr Hytech\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Helios, EAEF acquire 96.7% of Misr Hytech: Helios Investment Partners and the Egyptian-American Enterprise Fund (EAEF) have acquired a 96.7% stake in Misr Hytech, according to a statement. The acquisition was made through investment manager Lorax Capital Partners. \u201cWe are very excited about the great potential of this investment in contributing to the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/helios-eaef-acquire-96-7-stake-in-misr-hytech\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-03T04:00:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/291.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/helios-eaef-acquire-96-7-stake-in-misr-hytech\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/helios-eaef-acquire-96-7-stake-in-misr-hytech\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Helios, EAEF acquire 96.7% stake in Misr Hytech\",\"datePublished\":\"2019-06-03T04:00:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/helios-eaef-acquire-96-7-stake-in-misr-hytech\/\"},\"wordCount\":198,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/helios-eaef-acquire-96-7-stake-in-misr-hytech\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/291.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Egyptian American Enterprise Fund\",\"EnterpriseAM\",\"Helios Investment Partners\",\"M&amp;A Watch\",\"Misr Hytech\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/helios-eaef-acquire-96-7-stake-in-misr-hytech\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/helios-eaef-acquire-96-7-stake-in-misr-hytech\/\",\"name\":\"Helios, EAEF acquire 96.7% stake in Misr Hytech - 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The EAEF acquired a majority stake in Egyptian seed company Misr Hytech with Helios Investment Partners, and made its debut in the education sector with the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630839,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/eaef-looks-to-acquire-majority-stake-in-misr-hytech-seed-intl\/","url_meta":{"origin":598744,"position":1},"title":"EAEF looks to acquire majority stake in Misr Hytech Seed Int\u2019l","author":"enterpriseam admin","date":"4 March 2018","format":false,"excerpt":"M&A WATCH- EAEF looks to acquire majority stake in Misr Hytech Seed Int\u2019l: Our friends at the Egyptian-American Enterprise Fund (EAEF) are reportedly looking to acquire a controlling stake in seed-focused biotech firm Misr Hytech Seed International, sources close to the transaction told Al Borsa. EAEF, which is hoping to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593707,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/08\/lorax-capital-to-launch-usd-250-mn-sme-pe-fund\/","url_meta":{"origin":598744,"position":2},"title":"Lorax Capital to launch USD 250 mn SME PE fund","author":"enterpriseam admin","date":"8 October 2019","format":false,"excerpt":"Lorax Capital to launch USD 250 mn private equity fund: The Egyptian American Enterprise Fund\u2019s (EAEF) Lorax Capital Partners plans to launch a USD 250 mn private equity fund for long-term investment in Egyptian SMEs, the European Bank for Reconstruction and Development (EBRD) said on its website. \u201cThe [Lorax Capital\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573382,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/04\/efg-closes-sale-of-7-stake-in-egypts-fawry-for-usd-50-mn\/","url_meta":{"origin":598744,"position":3},"title":"EFG closes sale of 7% stake in Egypt\u2019s Fawry for USD 50 mn","author":"enterpriseam admin","date":"4 August 2020","format":false,"excerpt":"INVESTMENT WATCH- EFG closes USD 50 mn sale of c.7% stake in Fawry: EFG Hermes closed last week the sale by existing shareholders of a combined c. 7% stake (50 mn shares) in EGX-listed e-payment company Fawry in a transaction worth USD 50 mn, according to a statement (pdf). The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573345,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/29\/shareholders-look-to-sell-c-7-stake-in-fawry\/","url_meta":{"origin":598744,"position":4},"title":"Shareholders look to sell c. 7% stake in Fawry","author":"enterpriseam admin","date":"29 July 2020","format":false,"excerpt":"Shareholders look to sell 7% stake in Fawry: A group of shareholders are looking to sell a combined stake of c. 7% (50 mn shares) in EGX-listed e-payment company Fawry, a source with knowledge of the transaction told Enterprise. Selling shareholders include the Egyptian American Enterprise Fund (EAEF), the International\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636869,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/eaef-acquires-significant-minority-stake-in-orchidia-pharma\/","url_meta":{"origin":598744,"position":5},"title":"EAEF acquires \u201csignificant minority stake\u201d in Orchidia Pharma","author":"enterpriseam admin","date":"2 November 2017","format":false,"excerpt":"M&A WATCH- Our friends at the Egyptian-American Enterprise Fund (EAEF) have acquired a significant minority stake in ophthalmic meds maker Orchidia Pharma Industries on Wednesday, EAEF announced in a statement (pdf). The transaction, executed through EAEF\u2019s investment manager Lorax Capital Partners, will see the EAEF subscribe in an upcoming capital\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=598744"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/598744\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/598734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/598745"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=598744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=598744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=598744"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=598744"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=598744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}