Stehwaz Holding (Stehwaz-Kuwait)

Stehwaz Holding is Kuwaiti shareholding company closely held by TID and Efad Group. The company specializes in merger and acquisitions transactions with a main focus on IPOs and pre-IPO companies inside the GCC. The company focuses covers acquisitions of family-owned businesses and companies in financial distress with the aim of extracting value through restructuring, merger, capital increase, and provision of other types of financial assistance to maximize profitability. The company was established in 2001 with a capital of KD 100 million (around USD 300 million). In 2006, the company's capital increased to KD 250 million (around USD 750 million).