Amethis MENA Fund II finalizes its fifth transaction by acquiring a minority stake in BBI, a renowned data management consultancy firm operating in the MENA region since 2009. BBI specializes in assisting clients across MENA in organizing, analyzing, and utilizing their data for informed decision-making.
With a strong presence in key markets like Egypt, KSA, and the UAE, BBI’s track record spans 15 years, positioning it as a leader in the industry. Amethis’ investment aims to support BBI’s expansion efforts geographically and across various sectors while enhancing its service offerings.
Amethis received advisory support from Arc Capital and Maatouk Bassiouny & Hennawy, while BBI’s shareholders were advised by Dawoud & Dawoud, led by Shereen Dawoud (Managing Partner & Head of Mergers and Acquisitions, pictured), along with Tanami Financial Advisory.
Founded in 2009, BBI has established a strong presence in Egypt, the UAE, Saudi Arabia, and Algeria. Over the years, it has emerged as a trusted partner specializing in data and AI solutions. With a dedicated team of over 250 professionals, BBI has successfully completed more than 500 engagements across various sectors.