With Synergy as Lead Transaction Advisor, Actis acquires 50% equity stake in Emicool

Synergy Consulting is honored to be the Lead Transaction Advisor to Actis, for the acquisition of 50% stake in Emicool. Dubai Investments, the leading diversified investment company and currently the 100% shareholder of Emicool entered a deal to divest a 50% stake to Actis – a leading global investor in sustainable infrastructure, at a corporate valuation of AED 3.7Bn (US$1Bn) and equity valuation of AED 2.4 Bn (US$ 653Mn). With an extensive network in multiple geographies, the Joint Venture (JV) is aimed at supporting Emicool in its vision towards becoming one of the leading providers of sustainable and efficient District Cooling services in the wider MENA region.

The deal is considered one of the largest transactions in the District Cooling industry in the MENA region.