Key Takeaways
- • Inflexion's Ranger has added D&G Security, adding to a run of private equity deals in the security services sector, according to Private Equity International.
- • Advent International is opening an office in Abu Dhabi, joining a string of private equity firms expanding into the Gulf financial hub.
- • Mehdi Iraqi, managing director of limited partner services, is named in connection with Advent's new Abu Dhabi office.
Summary
The coverage also highlights Advent's decision to open an office in Abu Dhabi. Advent joins a growing group of private equity firms establishing a presence in the United Arab Emirates capital. Mehdi Iraqi, managing director of limited partner services, is identified as a key figure in the new Abu Dhabi operation.
Taken together, the stories point to continued private equity activity in both sector-specific security deals and geographic expansion into the Gulf region. Limited details on deal values were available in the source material, so readers should consult the original article for transaction terms.
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