About ALEC
ALEC is a company based in Dubai (United Arab Emirates) founded in 1999.. ALEC has completed 1 acquisition, including Target Engineering. ALEC offers products and services including Construction Services, MEP Solutions, Fit-Out Services, and Energy Solutions. ALEC operates in a competitive market with competitors including Balfour Beatty, Afcons, Legrand, Sdiptech and L.B. Foster, among others.
- Headquarter Dubai, United Arab Emirates
- Stage Public
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Sectors
Real Estate & Construction
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Email
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Phone
*********
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Website
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Social
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- Legal Name Alec Holdings Pjsc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of ALEC
ALEC is a publicly listed company on the DFM with ticker symbol ALEC in UAE, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of ALEC
ALEC offers a comprehensive portfolio of products and services, including Construction Services, MEP Solutions, Fit-Out Services, and Energy Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers end-to-end construction for commercial and iconic projects
Provides mechanical, electrical, and plumbing services for buildings
Offers interior fit-out for various project types
Supplies energy and data center solutions for efficient operations
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Funding Insights of ALEC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by ALEC
ALEC has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Target Engineering. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Engineering construction and EPC contracting services are provided.
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ALEC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alec Comparisons
Competitors of ALEC
ALEC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Balfour Beatty, Afcons, Legrand, Sdiptech and L.B. Foster, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Infrastructure financing, construction, and support services are provided globally.
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Developer of oil & gas, underground, and urban infrastructure
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Electrical and digital solutions for building infrastructures are provided.
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Sustainable infrastructure development services are provided globally.
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Manufacturer & fabricator of products and services for the rail, construction, energy and utility markets
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Infrastructure development services are provided across various sites.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Alec
Frequently Asked Questions about ALEC
When was ALEC founded?
ALEC was founded in 1999.
Where is ALEC located?
ALEC is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of ALEC?
Kez Taylor is the current CEO of ALEC.
What does ALEC do?
ALEC developer of roads, airports, hospitals, hotels, and other building infrastructures, focusing on real estate and construction, real estate infrastructure developers, and infrastructure. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Who are the top competitors of ALEC?
ALEC's top competitors include Legrand, Hercules Site Services and Afcons.
What products or services does ALEC offer?
ALEC offers Construction Services, MEP Solutions, Fit-Out Services, and Energy Solutions.
Is ALEC publicly traded?
Yes, ALEC is publicly traded on DFM under the ticker symbol ALEC.
How many acquisitions has ALEC made?
ALEC has made 1 acquisition, including Target Engineering.
What is ALEC's ticker symbol?
The ticker symbol of ALEC is ALEC on DFM.
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