Golf Capital Acquisition Of a 82.7% stake in Sakr Energy Solutions FZCO

Golf Capital, one of the largest and most active private equity firms in the Middle East has acquired an 82.7% stake in Sakr Energy Solutions FZCO (SES), a leading provider of temporary power generation, to capitalise on the growing need for power across the Middle East, Africa and South East Asia.SES operates in a growing region with a booming population, yet with inadequate power generation infrastructure and deep structural power supply/demand imbalances.

Marsh conducted risk and insurance due diligence on the deal and have provided such for Gulf Capital for the past 5 years. The work was project managed by Dominic Moody, Senior Vice President of Marsh based in Dubai  and the MENA Regional Leader for Marsh PEMA. Dominic commented:

“Marsh were able to assist Gulf Capital to understand the key risks facing the operations of SES in the territories they operate in the MENA region and identify how SES have insured these risk exposures.“Management at SES were very helpful in providing the data we requested to carry out our due diligence. We were pleased to have the opportunity to work with Gulf Capital on their investment into SES and offer our congratulations on their successful investment into the business and wish them and SES every success for the future.”