Itqan Capital

Jeddah, Saudi Arabia Founded: 2007 • Age: 19 yrs
Diversified financial institution
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About Itqan Capital

Itqan Capital is a company based in Jeddah (Saudi Arabia) founded in 2007.. Itqan Capital has completed 2 acquisitions, including Byrne Equipment Rental and Spacemaker.

  • Headquarter Jeddah, Saudi Arabia
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Maine Potato Growers, Inc
Operational Areas
Financial Services → Private Capital & Alternative Investments
Financial Services → Private Capital & Alternative Investments
Financial Services → Capital Markets & Trading
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by

    (Dec 27, 2022)

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Funding Insights of Itqan Capital

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Itqan Capital

Itqan Capital has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Byrne Equipment Rental and Spacemaker. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of web hosting, email, and FTP services
1992
Spacemaker is recognized as a provider of modular building solutions.
1990
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Itqan Capital

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Itqan Capital Comparisons

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Competitors of Itqan Capital

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Itqan Capital

Frequently Asked Questions about Itqan Capital

When was Itqan Capital founded?

Itqan Capital was founded in 2007.

Where is Itqan Capital located?

Itqan Capital is headquartered in Jeddah, Saudi Arabia. It is registered at Jeddah, Makkah Region, Saudi Arabia.

Who is the current CEO of Itqan Capital?

Bassam Hashem Al Sayed is the current CEO of Itqan Capital.

What does Itqan Capital do?

Itqan Capital was established in 2007 in Jeddah, Saudi Arabia, as a diversified financial institution. Private equity funds are directed toward SMEs and growth entities with revenues between 3 million and 15 million, alongside real estate investments in commercial office, residential, and retail sectors. Additional services encompass investment banking, custodian operations, and asset management. Support is extended through bank financing, strategic guidance, and working capital, without involvement in daily management.

How many acquisitions has Itqan Capital made?

Itqan Capital has made 2 acquisitions, including Byrne Equipment Rental, and Spacemaker.

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