Cairo – Mubasher: The Egyptian CI Capital Partners and American Alta Semper Capital intend buying a stake in healthcare products outfit Macro Pharma.
CI Capital Investment Banking will act as the financial advisor of the deal, while Al Tamimi & Company as the legal advisor. The companies were advised by Matouk Bassiouny and Norton Rose Fulbright, according to a press release Wednesday.
The statement does not specify the size or value of the deal.
“The partnership with Alta Semper and CI Capital Partners will enable Macro Group to further expand its product offering, enter into new and complementary products, further penetrate export markets and support our vision on becoming a regional leader,” Mohamed Sobhi, founder and CEO, said.