The Unit and Envergure Enter into Strategic Alliance

To better identify and service off-market and below-radar transactions in the private sector between the Kingdom of Saudi Arabia and Europe, Saudi-based The Unit has formed a strategic alliance with Paris-based Envergure Management Partners SAS. The aim is to act as a conduit for capital transactions between those geographies and widen the scope of coverage in several sectors, particularly in hospitality and entertainment.?

This strategic partnership provides the opportunity for both entities to leverage the long-standing relationship between their respective founders as well as the diversified and extensive knowledge and experience of both teams. More precisely, the alliance will permit synergies in:

1. Ideation and creativity, which are much needed in the high-growth environment in Saudi.
2. Transaction origination, execution, and support.
3. Post-acquisition operational consultancy.
4. The ability to focus on strategic sectors in both regions.
5. Strengthening investor relations and expanding client base to larger institutions.
6. Pooling talents to form a formidable bench of experts and professionals.

Synergizing global relationships, the alliance provides an all-round enhanced service offering for transaction advisory in the hospitality, entertainment, sports, and leisure sectors, in addition to innovative and knowledge-based sectors that are on demand in Saudi and the entire MENA region. It also helps increase visibility on both ends for what is really happening on the other side of the fence.

?About The Unit

Established in 2006, The Unit is a reputable MENA-based business consulting firm, specialized in strategic & corporate finance advisory services across a variety of business sectors, possessing an inherent knowledge of the cultural and operating parameters that govern the MENA, and boasting an exemplary track record of over 220 successfully executed mandates for more than 150 satisfied clients in over 20 countries in the region and worldwide.

The Unit provides high-end core-expertise services in corporate finance, management consulting, strategy advisory, and development advisory, among others, and develops customized world-class solutions in core industries, including but not limited to hospitality; real estate; retail & restauration; sports, media, & entertainment; technology & telecom; healthcare & pharmaceutical; agriculture; and manufacturing.

About Envergure Management Partners SAS

Envergure Management Partners SAS was incorporated in Paris in 2021 as a boutique consultancy house that provides capital transaction services targeting growth stories in Europe and the MENA region. Envergure is focused on accompanying the scale-up of uniquely positioned firms in this geography.

Envergure relies on privileged relations in both geographies with investment bankers and investment managers, corporate executives, angel investors, venture capitalists, family offices, and institutional and sovereign wealth funds capable of underwriting small and large investment tickets. The firm relies on a robust experience and track record of investing in diverse economic sectors and a deep bench of talented C-levels, industry experts, and financial analysts. ?

Commenting on the alliance, Jamil Fakhri of The Unit stated: “We are looking forward to collaborating with our new, yet long known, partner Walid and his team, and we are confident that pulling our resources and knowhow together will lead to our mutual benefit as well as that of our clients as we assist them in their endeavors across Saudi and Europe.”

From his part, Walid Hayeck of Envergure mentioned that “Jamil and I see eye-to-eye regarding the tremendous opportunities that exist between Europe and the GCC and the fact that this market is underserviced when it comes to mid-size, below-radar deals. I have known Jamil for decades as a trustworthy and reliable partner, and I have seen the development of The Unit in becoming an off-radar specialist in the Kingdom. The rest was very easy to pull."