Profile
Salim is a Partner at Hourani & Partners and Head of the Mergers & Acquisitions practice. He serves on the firm’s Executive Committee. A US-qualified lawyer, he advises clients on a broad range of commercial and corporate transactions, including private equity, venture capital, mergers and acquisitions, capital raises, and joint ventures across the GCC, with a particular focus on the UAE and Saudi Arabia. Salim’s clients include regional and international private equity firms, strategic investors, and leading family-owned conglomerates across the region.
Chambers and Partners has acknowledged Salim for his “considerable experience advising on capital raises and strategic acquisitions” and as “a very solid attorney, with strong commercial acumen and top-tier drafting skills”.
Prior to joining Hourani & Partners, Salim practiced as a transactional lawyer in the New York office of Debevoise & Plimpton LLP.
- Private Equity
- Venture Capital
- Mergers & Acquisitions
- Corporate
- Banking & Finance
Salim’s experience includes advising:
- Noon AD Holdings Limited in connection with the sale of a 65% stake in Noon Payments to NeoPay.
- Investcorp and the shareholders of Al Yusr Industrial Contracting Company (“AYTB”) in connection with the auction process that led to the sale of AYTB to Nesma & Partners.
- A consortium led by Investcorp’s Saudi Pre-IPO Growth Fund and Al Touq Group in connection with the auction process and subsequent acquisition of Reda Gulf Holding, a market leader in fire protection, safety and security solutions, serving a diversified base of blue-chip customers across multiple sectors, including highly demanding industrial environments.
- Investcorp Saudi Pre-IPO Growth Fund LP in connection with the acquisition of a majority stake in Nour Internet for Communication and Information Technology Company, one of Saudi Arabia’s largest pure-play providers of connectivity and information and communication technology.
- A regional private equity player in connection with the auction process that led to the sale of major residential compound in Saudi Arabia to Olayan Financing Company.
- Avilog Logistics Services Company, a holding company owned by Abdulkadir Al Muhaidib and Sons Co. and Albawardi Holding Group in connection with the acquisition of a 49% interest in SATS Saudi Arabia, Saudi’s first international cargo handler and a subsidiary of SATS Ltd., a global leader in gateway services and a leading food solutions provider in Asia.
- Aliph Capital in acquiring a 25.5% strategic stake in Al Rayan National Company, a private school operator in Madinah, KSA.
- Aliph Capital in its acquisition of The Pet Shop from Kasamar Holding. The Pet Shop runs retail stores, is the leading regional pet products e-commerce site and provides pet services from boarding to day care, training, relocation and grooming.
- Saudi Biotechnology Manufacturing Company and its shareholders in connection with the investment by, and secondary sale to, the Pharmaceutical Investment Company, a subsidiary of the Public Investment Fund of Saudi Arabia.
- HyperPay in connection with its US$ 36.7 million capital raise led by Mastercard and AB Ventures (through the conversion of a convertible note) and the secondary sale by some of HyperPay’s existing shareholders of a minority equity stake to an investment vehicle managed by Amwal Capital Partners.
- A consortium composed of Abdullah Al Othaim Markets Company, United Feed Manufacturing Company and Allana International Limited in the tender process and subsequent acquisition of the Fourth Milling Company in Saudi Arabia.
- Rocket Internet in its € 150 million acquisition of Talabat one of the leading players in the attractive online food takeaway market in the Middle East, headquartered in Kuwait.
Education
- LLM, Columbia University, USA
- Masters in Management, ESCP, France
- JD, Saint Joseph University, Lebanon
Admissions
- New York State Bar Association, USA
- Beirut Bar Association, Lebanon
- Dubai Legal Affairs Department, UAE
- Arabic
- English
- French