Abwaab Technologies Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Abwaab Technologies Inc. is a privately-held company that offers an online learning platform that allows secondary school students in MENA to learn at their own pace, test themselves and get ahead with expert tutors anytime and anywhere. The platform, which offers concept-based video lessons, visualized learning journeys, continuous assessment, and performance-tracking features, can be accessed via desktop and mobile web. Abwaab Technologies Inc. was founded in 2019 by Hamdi Al-Tabbaa, Hussein Al-Sarabi, and Sabri Hakim. Abwaab Technologies Inc. headquarters are located in Amman, Jordan.
Keywords
Keywords
Classified
Private