MBH with El Abd Patisserie on TCV’s investment
Matouk Bassiouny & Hennawy (MBH) advised El Abd Patisserie and its shareholders, El Abd Family, in connection with Tanmiya Capital Ventures’ investment in the company.
The deal
The operation involved a capital increase representing approximately 20.9% of El Abd’s share capital and was executed through TCV’s investment vehicle, Tanmia Capital Ventures Fund II.
Following the completion of the transaction, El Abd Family retained the remaining equity and continued to manage and operate El Abd Group. Moreover, the agreement encompassed an internal restructuring of the group and the implementation of a comprehensive corporate governance framework.
The MBH team
Partner and co-head of capital market and corporate and M&A Tamer Hennawy (pictured) led the MBH team on the matter, working alongside counsel Omar Khattab, and associate Ali Abu Zeid.
