Advised Saffar on its sale of online business intelligence platform Zawya to Thomson Reuters
Arma Partners is pleased to announce that it acted as exclusive financial adviser to Saffar Capital (“Saffar”) on the sale of Zawya Limited (“Zawya”) to Thomson Reuters, Inc. (“Thomson Reuters”).
Zawya is the leading independent subscription provider of online proprietary data, business intelligence and unique financial information in the Middle East and North Africa (“MENA”) region. Zawya enables approximately 750,000 unique visitors to find and connect to the best business and investment opportunities in the region.
Saffar’s investment in Zawya is one of the most successful internet and media investments in the MENA region. Since Saffar’s acquisition of a majority stake in the company, Zawya has grown from a start-up to become the leading MENA business information platform, reflecting Saffar’s ability to identify compelling regional investment opportunities. Saffar created sustainable value in the business by expanding the business model, forming strategic partnerships and institutionalising the corporate structure.
This transaction further illustrates Arma Partners’ leadership in advising companies within the digital media landscape, across multiple geographies, leveraging Arma’s deep domain expertise, understanding of the buyer universe and first class execution skills.