Insights

Notes on deal-making, valuation and capital in the region.

We publish when we have something useful to say, and not on a schedule. Three subjects we return to.

Valuation

What regional buyers actually pay for

How multiples move with earnings quality, customer concentration and the credibility of a forecast.

Process

Why deals slow down

The diligence findings and structuring questions that most often stall a signed term sheet, and how to clear them early.

Capital

Funding beyond the banks

Where NBFIs and private credit are pricing risk in the GCC, and when refinancing beats raising equity.

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