Exits MENA Signs Multi-Million-Dollar Deal to Acquire Avanz Capital Egypt

The deal has received initial approval from Egypt’s Financial Regulatory Authority (FRA). It is an important step in Exits MENA’s plan to build a broader financial group serving investors, startups, SMEs, and financial institutions across Egypt and the wider MENA region.

ACE’s existing management team, led by CEO and Managing Director Haytham Wagih, will continue to run the company and manage its investment activities after the acquisition.

The deal is also designed to provide continuity and confidence for ACE’s existing investors and clients. At the same time, it will help create a stronger platform for developing new private investment opportunities across the region.

“We are now better aligned through ownership participation. Our team remains in place and will continue to expand. Our investment process remains unchanged,” said Haytham Wagih, Managing Director and CEO of Avanz Capital Egypt. “What changes is our capacity to grow and retain key talent. We are delighted to welcome Dr. Nader Elsayed as a shareholder and Executive Director. In contrast, Masa Arafa will continue her leading role as Investment Director with ownership alignment. With Exits MENA, we now have a broader regional platform behind us while developing the way we manage the firm and its portfolio.”

Founded in 2022 by Mohamed Abuelnaga Nagaty, Ayman El Tanbouly, and Ahella El Saban, Exits MENA has expanded its operations into more than seven global markets. The company works on investment deals and provides strategic advisory services to businesses.

Exits MENA has built a network of more than 75 partnerships with regional and international organisations. It has also launched three investment-readiness programmes and supported more than 2,000 businesses across the region.

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