Nahla Shamseddine

M&A and Private Equity

• Advised Presight AI Holding PLC in acquiring a majority stake in AIQ, from a subsidiary of G42. Under the agreement, Presight acquired a 51% stake in AIQ, with ADNOC retaining a 49% shareholding. As part of the transaction, ADNOC received 4% in Presight shares from G42 in exchange for 11% of its shareholding in AIQ, which, at current Presight market value, values AIQ at over $1.4 billion.
• Advised the Pharmaceutical Investment Company of Saudi Arabia on the SAR 330 million acquisition of a majority stake in the Saudi Biotechnology Manufacturing Company (CJSC), which was coupled with a SAR 300 million injection of equity capital into the target
• Advised Shuaa Capital on the acquisition of a majority stake in Souqalmal, a UAE-based wealth management fintech company
• Advised EY Consulting on the acquisition of Team Collective, the Gulf Cooperation Council’s (GCC’s) largest independent digital agency
• Advised a group of investors led by TVM Capital Healthcare Partners Limited on the $232 million sale of portfolio company Cambridge Medical and Rehabilitation Center to Amanat Holdings PJSC, a UAE-based publicly traded investment company that focuses on education and healthcare investments
• Advised REEF Technology Inc., the largest operator of delivery kitchens, logistics, and proximity hubs in North America, on the acquisition of iKcon Restaurant LLC, marking its entry into the MENA market; also advised on certain aspects of its joint venture with the Americana Group
• Advised a UAE sovereign wealth fund on the divestment of its approximately 19.2% stake in the NorteGas gas pipeline business in Spain pursuant to a combined auction process and right-of-first-offer structure
• Advised various GCC sovereign wealth funds in connection with multiple co-investment transactions across various industries alongside US- and Europe-based asset managers

Joint Venture

• Advised Bechtel Corporation, a US-based construction and engineering company, on its joint venture with Unger Steel for the establishment of a steel fabrication facility in the UAE
• Advised Bayanat, the leading AI-powered geospatial intelligence company owned by G42, on its joint venture with UAVOS, a US-based manufacturer of unmanned vehicles
• Advised Presight AI Holding PLC, a G42 big data analytics and AI company, on its joint venture with TOTM Technologies, a Singapore-based company providing identity management solutions

Venture Capital

• Advised a UAE sovereign wealth fund on various investments in early-stage and growth companies based in a number of jurisdictions and across multiple industries, including:
  • a SAFE investment in a US food delivery company;
  • a Series E investment in Getir, a fast grocery delivery business;
  • a Series A investment in an Indian B2B “apparel” marketplace;
  • a Series C investment in Bayzat, a regional employee benefits platform;
  • a Series B investments in SelfX Innovations Inc.;
  • a Series A investment in Nymcard, a regional banking-as-a-service (BaaS) provider;
  • a Series C investment in Upside Foods Inc., a US food technology company;
  • a Series D investment in Sword Health Technologies, a US-based company offering clinical digital musculoskeletal solution;
  • a Series A investment in Fintech Holding, a UAE-based digital banking startup;
  • a Bridge convertible loan financing in Core Scientific, a US-based blockchain company; and
  • a Bridge convertible loan financing in Tropic Biosciences, a UK-based agriculture gene-editing startup.
• Advised Trirec Venture on its Bridge convertible loan financing in ACX Holdings
• Advised a global private equity firm on its Series C investment in a GCC-based eyewear platform
• Advised Aljazira Capital on the secondary acquisition and Series A investment in YAP, a UAE-made digital banking platform