IMAP Announces New Exclusive M&A Partner, Haykala, in Saudi Arabia

IMAP proudly announces the addition of Haykala as its exclusive M&A partner for Saudi Arabia.

With headquarters in Riyadh and offices in Dammam, Haykala brings unparalleled expertise and services to clients, providing M&A, restructuring and turnaround, corporate finance, and IPO advisory. It also offers Outsourced Chief Investment Officer (OCIO) and CRO services. It’s team of seasoned professionals is dedicated to delivering market-leading solutions tailored to meet the unique needs of clients in the dynamic Saudi Arabian market. Haykala is licensed by the Capital Market Authorities for advising, arranging and asset management activities and was recently recognized by Islamic Finance News (IFN) for the Saudi Deal of the Year Award. Their deep-rooted knowledge and extensive experience make them a valuable addition to IMAP.

Jurgis V. Oniunas, Chairman of IMAP, expressed his warm welcome to Haykala, stating, "We are delighted to welcome Haykala to the IMAP family. Expanding our team in the Middle East is a strategic move that underscores our commitment to providing exceptional service to our clients in this important region. With their proven track record and deep understanding of the Saudi Arabian market, Haykala will undoubtedly strengthen our presence and enhance our capabilities."

Haykala Managing Director, Hisham Ashour, added: “We are excited to join the IMAP global partnership and look forward to leveraging IMAP’s depth and breadth of expertise to better service our clients in Saudi and the region.”

Saudi Arabia continues to be a pivotal market for M&A, having seen a surge activity in recent years, driven by factors such as economic diversification efforts, privatization initiatives, and strategic investments across various sectors. Recent data indicates that in 2024, transaction value in the Saudi Arabian M&A market is projected to reach US$12.45 billion¹. This robust growth underscores the attractiveness of the market to investors seeking opportunities in a rapidly evolving landscape.

IMAP remains dedicated to supporting its clients in navigating the complexities of the Saudi Arabian market and seizing strategic opportunities for growth and expansion. The partnership with Haykala reinforces its commitment to delivering best-in-class advisory services and driving successful outcomes for clients worldwide.

Hisham Ashour

Managing Director

Haykala - IMAP Saudi Arabia