Rationale
- Stable profitable business generating recurring income and operating in transitioning industries
Investment Criteria
- AED 500-1,500mn investment size
- Strong revenue growth
- Target double-digit IRR
- Healthy balance sheet
At a Glance
With its trademark growth mindset, Multiply Group PJSC is an Abu Dhabi-based holding company that invests in transformative cash-generating businesses it understands. Multiply Group will continue to deploy capital across its two distinct arms, both of which follow a disciplined approach to investing and ensure consistent, sustainable value creation for our shareholders in the short-medium and long-term:
MULTIPLY
The investments and operations in long-term strategic verticals, currently Mobility, Energy and Utilities, Media and Communications, and Beauty and Wellness. Anchor investments provide long term recurring income, through which bolt-on acquisitions are made.
MULTIPLY +
A flexible, sector-agnostic and opportunistic investment arm.
Key Highlights
capital deployed to-date
19bn
AED
Asset Base
42bn
AED
Companies
9
High-Growth Countries
05
High-Potential Sectors
05
revenue
1.3bn
AED
Gross Profit Margin
51%
Adjusted EBITDA (Excluding unrealised FV Changes)
1.6bn
AED
reported net profit (including AED 562mn unrealised FV Changes)
552mn
AED
Investment & Other Income (Excluding unrealised FV Changes)
969mn
AED
net debt / equity
0.27
*FY 2023
Our Profile
Our Strategy
Objective
Pursue a disciplined approach to recalibrate the balance towards core operating verticals
Anchor Company
Bolt-on Acquisitions
Rationale
- To augment anchors by upscaling the vertical and enhancing margins
Investment Criteria
- Value accretive to the Group
- Cash flow generative
- Operationally Profitable
Enter
- Onboard vertical head
- Vertical strategy development
- Anchor acquisition
Build
- Bolt-on acquisitions to upscale the anchor
- Digitize scaled business
Mature
- Empower anchors forgreater independence
- Continued support by acquiring digital capabilities
Exit
- IPO
- Divestment
Objective
Responsive deployment of a portion of capital on opportunistic sector-agnostic investments with outstanding potential and clear exit visibility
Public Companies
Rationale
- Fundamentally strong listed companies available at a significantly unjustified discount
Investment Criteria
- $50-100mn ticket size
- Attractive dividend yield
- Discounted valuation
- Industries with long-term potential
Private Companies
Rationale
- Private businesses in need for capital injection that are close to a liquidity event
Investment Criteria
- 10%+ revenue growth
- Profitable and high margins
- High visibility on exit within 1-2 year
Our Investment Portfolio
A Diversified Multi-Sector Investment Portfolio
A Diversified Multi-Sector Investment Portfolio
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