About APICORP
APICORP is a Financial Services company based in Dammam (Saudi Arabia) founded in 1975. Investment management services are provided by APICORP to regional clients. APICORP has completed 2 acquisitions, including Ashtead Technology and SMI. Its chief executive, as recorded, is Khalid Alruwaigh. Its focus areas include Asset Management and Diversified.
Company details
APICORP was established in 1975 and is based in Dammam, Saudi Arabia. Operations are conducted within the financial sector, where investment management services are offered to support client portfolios. Focus is placed on asset allocation and advisory functions across the Middle East. The organization is led by CEO Khalid Alruwaigh, with activities centered on long-term investment strategies in energy and related industries.
- Headquarters Dammam, Saudi Arabia
- SectorsFinancial Services
- Phone•••• ••••
- Website apicorp.org
- Social LinkedIn X
- Latest Funding Round$750M (USD), Debt – Conventional
Oct 2021
- Investors
- Investments & AcquisitionsAshtead Technology
& 1 more
Funding Insights of APICORP
- Total Rounds 4
- Last Round Debt – Conventional — $750M
- First Round $750M
(Sep 2018)
- Investors Count 1
All 4 funding rounds of APICORP with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $750M | Debt – Conventional | – | – | – |
| Jun 2020 | $750M | Debt – Conventional | – | – | – |
| May 2019 | $75M | Debt – Conventional | – | – | |
| Sep 2018 | $750M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in APICORP
APICORP has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include alfanar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Electrical construction products are manufactured for various applications. | 1976 | alfanar.com | Riyadh, Saudi Arabia |
Investor details for APICORP
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of APICORP
1 people are tracked at APICORP (1 in leadership).
| Name | Role | Group |
|---|---|---|
Khalid Alruwaigh | CEO | Leadership |
Complete people profiles for APICORP
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by APICORP
APICORP has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ashtead Technology and SMI.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Subsea equipment rental and solutions provided for offshore energy sector. | ashtead-technology.com | Shoreview, United States | 1985 | Apr 2016 | •••• | |
CNC turning, machining, and manufacturing services are provided. | smi.com.sa | Riyadh, Saudi Arabia | 1982 | Mar 2015 | •••• |
Complete acquisition details for APICORP
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of APICORP
5 dated milestones of APICORP across 46 years, from founding to its latest funding, stage changes and deals.
- Founded APICORP is founded.
- Acquisition Acquires SMI.
- Acquisition Acquires Ashtead Technology.
- Funding First funding round of $750.0M.
- Funding Latest funding round, Debt – Conventional, of $750.0M.
Web traffic of APICORP
The website of APICORP (apicorp.org) receives about 2.1K visits a month.
- Monthly visits2.1K
▲ 5.7% vs previous month
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Related news about Apicorp
Complete news archive for APICORP
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Frequently Asked Questions about APICORP
APICORP was founded in 1975 and raised its 1st funding round 43 years after it was founded.
APICORP is headquartered in Dammam, Saudi Arabia. It is registered at Dammam, Eastern Province, Saudi Arabia.
Khalid Alruwaigh is the CEO of APICORP, as recorded in our data.
APICORP was established in 1975 and is based in Dammam, Saudi Arabia. Operations are conducted within the financial sector, where investment management services are offered to support client portfolios. Focus is placed on asset allocation and advisory functions across the Middle East. The organization is led by CEO Khalid Alruwaigh, with activities centered on long-term investment strategies in energy and related industries.
APICORP has made 2 acquisitions, including Ashtead Technology, and SMI.
APICORP has 1 investor. Key investors include alfanar.