Mohamed Abdelgawad_Ahmed Adib

Adsero advises on the acquisition of Selah El Telmeez 

The Sovereign Fund of Egypt (“TSFE”) and education management firm Egypt Education Platform (“EEP”) have successfully entered into a joint acquisition of an undisclosed majority stake in the educational publishing entity Selah El Telmeez (“SET”).  

The investment, that is aimed to help Selah El Telmeez in its digital expansion and market share, is part of TSFE’s education investment strategy aimed at collaborating with market players to help expand and develop the Egyptian educational system. 

Adsero-Ragy Soliman and Partners acted as legal counsel for TSFE in this transaction with a team led by partner Mohamed Abdelgawad (pictured, right) and senior associate Ahmed Adib (pictured, left) assisted by associate Farida Banany and junior associates Nayera Hassan and Amira Samy.   

EEP tapped White & Case acted as legal advisor for EEP while Al Tamimi & Co had sell-side duties. 

Adsero advises on the acquisition of Selah El Telmeez

Launched in 2022 by LC Publishing Group S.p.A., it is the first digital portal addressed to the Middle East North Africa market.

In terms of contents, the website focuses on both law firms and in-house legal departments, covering the latest news and rumors on deals and operations (and the related advisors) as well as on lateral hires, moves and new appointmens and providing insights, analytical data and opinions on the professions’ main trends and topics (AI, innovation, etc.).

For further information, please visit the Group’s website

Legalcommunity MENA
LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961
REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram