{"id":636927,"date":"2017-11-05T03:44:20","date_gmt":"2017-11-05T03:44:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/spe-says-it-saw-3x-returns-from-orchidia\/"},"modified":"2017-11-05T03:44:20","modified_gmt":"2017-11-05T03:44:20","slug":"spe-says-it-saw-3x-returns-from-orchidia","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/spe-says-it-saw-3x-returns-from-orchidia\/","title":{"rendered":"SPE says it saw 3x returns from Orchidia"},"content":{"rendered":"

<\/a> M&A WATCH-<\/strong> SPE Capital, formerly Swicorp Private Equity,announced that during<\/a> its investment period in Orchidia, the company\u2019s revenues have increased more than four-fold, according to an emailed statement. On Thursday<\/a>, the Egyptian American Enterprise Fund (EAEF)\u2019s investment manager Lorax Capital Partners announced it will subscribe in an upcoming capital increase along with Orchidia founder Ossama Abbass and will also be acquiring Orchidia shares held by SPE Capital as well as a stake owned by other minority shareholders. Mehdi Charfi, Partner at SPE said, \u201cWe are no less proud of the significant value created to our investors as we return three times the amount invested in USD, in an environment that has proven to be difficult and volatile.\u201d SPE says Arqaam Capital<\/strong> acted as sole sell-side financial advisor on the transaction and Matouk Bassiouny<\/strong> acted as legal counsel. Matouk Bassiouny says its role also included \u201cadvising on and assisting in the negotiation of the share purchase agreement and the complimentary transaction documents.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- SPE Capital, formerly Swicorp Private Equity,announced that during its investment period in Orchidia, the company\u2019s revenues have increased more than four-fold, according to an emailed statement. On Thursday, the Egyptian American Enterprise Fund (EAEF)\u2019s investment manager Lorax Capital Partners announced it will subscribe in an upcoming capital increase along with Orchidia founder Ossama […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-636927","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3b9fbb0a-d8e2-4cc3-912e-4117c965a2a6","order":"0","is_powered_by":true,"section_story_id":"9b27d547-9b98-46b0-95c1-b022843caa6e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[636917],"teaser":"","voice_url":""},"yoast_head":"\nSPE says it saw 3x returns from Orchidia - 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\/2017\/11\/05\/spe-says-it-saw-3x-returns-from-orchidia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SPE says it saw 3x returns from Orchidia\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- SPE Capital, formerly Swicorp Private Equity,announced that during its investment period in Orchidia, the company\u2019s revenues have increased more than four-fold, according to an emailed statement. 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Arqaam acted as the exclusive sell-side advisor to SPE Capital, formerly Swicorp Private Equity, Orchidia Pharmaceutical Industries, and Dr. Ossama Abbas, the founder, majority shareholder and Chairman of Orchidia\u2026","rel":"","context":"In "Speed Round"","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":636927,"position":1},"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 "Speed Round"","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":637047,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/eaef-acquires-46-5-stake-in-orchidia-for-egp-700-mn\/","url_meta":{"origin":636927,"position":2},"title":"EAEF acquires 46.5% stake in Orchidia for EGP 700 mn","author":"enterpriseam admin","date":"7 November 2017","format":false,"excerpt":"M&A WATCH- We now have a price tag on the EAEF\u2019s acquisition of Orchidia: The Egyptian American Enterprise Fund (EAEF) acquired 46.5% sake in Orchidia Pharma Industries for around EGP 700 mn, Orchidia\u2019s founder and chairman Ossama Abbass tells Al Borsa. 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The agreement is a\u2026","rel":"","context":"In "Speed Round"","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":596531,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/01\/spe-capital-buys-30-stake-in-future-pharma\/","url_meta":{"origin":636927,"position":4},"title":"SPE Capital buys 30% stake in Future Pharma","author":"enterpriseam admin","date":"1 July 2019","format":false,"excerpt":"M&A WATCH- SPE Capital buys 30% stake in Future Pharma: SPE Capital Partners has acquired a 30% stake in Future Pharma Industries (FPI) for EGP 500 mn, SPE Chairman Gamal El Leithy said, according to the local press. 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