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Investment Banking

Our investment banking team provides a comprehensive range of advisory services to a select group of clients, encompassing strategic, financial, and transactional matters of significance.

  • Mergers & Acquisitions
  • Divestitures
  • Equity Capital Markets (IPO & Rights Issue)

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No of Transactions

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Sectors covered by HCL

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Successfully closed M&A transactions in last 5 years

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Transaction size for Initial Public Offerings & Rights Issue

Transaction Highlights

Food Retail 2025
IPO of Al Romansiah
US$ - TBD
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Independent Advisor
Real Estate Development 2025
IPO of Al Ramz Real Estate
US$ 240 million
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Independent Advisor
Energy 2025
Rights issue of Acwa Power
US$ 1.9 billion
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Independent Advisor
Capital Goods 2025
IPO of CGS Group
US$ 80 million
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Independent Advisor
Real Estate Development 2025
IPO of Dar Al Majed Real Estate Company
US$ 336 million
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Independent Advisor
Food & Beverages 2024
Fourth Milling Company
TBA
Initial Public Offering
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Independent Advisor
Commercial & Professional Sve 2024
Saudi Manpower Solutions
USD 248,000,000
Initial Public Offering
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Independent Advisor
Utilities 2024
Miahona Company
USD 148,000,000
Initial Public Offering
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Independent Advisor
Education 2024
Dur Alkuttab
USD 10,600,000
Acquisition of majoritystake in Dur Alkuttab
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Sell-side Advisor
Transportation 2023
SAL Logistics
USD 678,000,000
Initial Public Offering
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Independent Advisor
Food & Beverages 2023
NADEC
USD 533,000,000
Rights Issue
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Independent Advisor
Capital Goods 2022
Riyadh Cables
USD 402,000,000
Initial Public Offering
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Independent Advisor
Materials 2022
East Pipes Integrated Company
USD 134,000,000
Initial Public Offering
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Independent Advisor
Commercial & Professional Svc 2022
Maharah Human Resource Company
USD 81,000,000
Acquisition of Minority Shareholding
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Buy-side Advisor
Commercial & Professional Svc 2022
Maharah Human Resource Company
USD 114,000,000
Acquisition of Saudi Medical Systems
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Buy-side Advisor
District Cooling 2022
Saudi Tabreed Company
USD 206,000,000
Sale of Minority Shareholding
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Sell-side Advisor
Utilities 2021
ACWA Power
USD 1,212,000,000
Initial Public Offering
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Independent Advisor
Food & Beverages 2021
Reach Services
USD 14,000,000
Acquisition of Emdad HR Company
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Buy-side Advisor
Healthcare 2021
Al-Ahsa Medical Company
USD 33,000,000
Sale of Minority Shareholding
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Sell-side Advisor
Industrial & Manufacturing 2021
Al Othman Holding
USD 31,000,000
Sale of Industrial Material Supply
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Sell-side Advisor
Materials 2021
Takween Advanced Industries
USD 90,000,000
Sale of Advanced Fabrics Company
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Sell-side Advisor
Healthcare 2020
Al Othman Holding
USD 68,000,000
Sale of Al Salam Medical Services Co
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Sell-side Advisor
Utilities 2019
Maharah Human Resource Company
USD 212,000,000
Initial Public Offering
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Independent Advisor
Food & Beverages 2015
Middle East Paper Company
USD 120,000,000
Initial Public Offering
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Independent Advisor