QInvest LLC, a closely-held investment bank owned by Qatar Islamic Bank, acquired a 30.5 percent stake in a landscaping group that includes Al Nakheel Agriculture & Trading Co. and Ag Middle East LLC, the company said.
This acquisition is the fourth private equity transaction completed by QInvest in the MENA region and is consistent with its strategy to partner with established businesses that are in need for growth capital to achieve their expansion objectives. (Press Release)