Steve Jennings

A selection of Steve’s experience includes advising:

• the shareholders of Sprecher Berrier Group of Companies (SBGC), on its sale of a majority stake in Parfums de Marly and INITIO to Advent International, one of the largest private equity investors in the world. 
• an international oil field services company on the proposed acquisition of a through-barrier diagnostics company for energy production and storage with offices and operations in multiple locations including the United States, the United Kingdom, Europe, the Middle East, Asia and Africa (ongoing and, as such, confidential).
• the founding shareholders of Gulf Central Company, a leading importer, trader and distributor of food products, ingredients and beverages in the Kingdom of Saudi Arabia on the sale of a majority stake to Bahrain’s GFH Financial Group, a leading financial group in the GCC (ongoing and, as such, confidential).
• Nomu-listed Arabian International Healthcare Holding Company (TIBBIYAH), on the incorporation of a joint venture company with NephroPlus in KSA for the purposes of providing dialysis care services by investing, operating, managing and maintaining hospital departments, medical centres and clinics specializing in dialysis care services in the public and private sectors.
• Gulf Capital on the acquisition through its portfolio company, the CWB Group, of a majority stake in Hahn & Hahn Group to form an unrivalled super-regional firm servicing and managing intellectual property portfolios of global clients across the Middle East, Africa, Eastern Europe, and Central Asia.
• a sovereign linked investor on the acquisition of an automatic vehicle locator business (ongoing and, as such, confidential).
• a leading PE firm on the sale, by auction process, of a health foods distribution business operating across the MENA region (ongoing and, as such, confidential).
• a sovereign linked investor on the proposed acquisition of a global mobility technology company.
• Kamco Invest on its Pre-IPO Series C investment in Floward, the go-to online flowers and gifts destination operating in 37 cities in nine countries across MENA and UK.
• ALEC Engineering and Contracting on its strategic acquisition of Target Engineering, a leading engineering, procurement and construction (EPC) contractor in the United Arab Emirates, Qatar and Saudi Arabia.
• an international conglomerate on a proposed multi-jurisdictional M&A transaction involving companies in Turkey, Russia and multiple CIS states.
• Gulf Capital on the sale of Chef Middle East, a leading importer and distributor of fine quality foods, supplying the hotel, dining and airline industries in the Middle East, to Nasdaq-listed The Chefs’ Warehouse Inc.
• Olive Rock Partners on the acquisition of a majority stake in each of Dubai-based The Dental Studio, a chain of healthcare clinics operating across Dubai and the Al Bustan Medical Centre in Abu Dhabi.
• Air Products Middle East on its strategic acquisition of Air Liquide’s industrial gases business in the UAE, including liquid bulk, packaged gases and specialty gases; and Air Liquide’s majority share in MECD, which owns and operates a liquid CO2 production facility in Bahrain.
• Gulf Capital on the combination of its portfolio company, the CWB Group with the PETOŠEVIĆ Group.
• TIBBIYAH, on its strategic acquisition of a 51% stake in Innovative Care Company, owner of the prominent Riyadh-based medical and beauty center, “New You Medical Center”.
• a French multinational on the incorporation of a joint venture company in KSA with a number of local partners for the purposes of manufacturing, trading and commercializing branded products for the upstream, midstream and downstream oil and gas sectors.
• Savola Group on: 
  
  • the US$260m acquisition (through Savola Foods Company) of Bayara Group, a leading manufacturer of nuts, dried fruits and spices with operations in the UAE, Saudi Arabia and Egypt; and
  • on its Series A investment in Cairo-based B2B e-commerce marketplace Capiter.
• A leading financial investor on the US$450m acquisition, by mandatory tender offer, of one of the MENA region’s largest real estate development companies.
• a financial investor on the acquisition of a stake in a Dubai headquartered metaverse real estate company.
• a leading multinational food conglomerate on the circa US$800m buyout of controlling stakes in a major F&B manufacturing business operating across the MENA region (ongoing and, as such, confidential).
• a high net worth individual on the disposal of UAE and US businesses.

• England & Wales (2012)

• Linklaters Legal Practice Course (firm specific), College of Law, UK, 2009
• BA (Jurisprudence), University of Oxford, UK, 2008