Levant Capital is a management-owned asset manager focused on private equity investments.

Established in 2006, Levant Capital is based in Dubai and manages several private equity funds that count regional and international institutions and leading GCC family offices as investors. The firm is registered in the Dubai International Finance Centre and is authorized and regulated by the Dubai Financial Services Authority.

The group’s partners have the longest joint track-record in the GCC region and have been leading private equity investments together for close to twenty years, across multiple funds and economic cycles, with a focus on the consumer and healthcare sectors.

Levant Capital also works closely with its affiliate, Stork Capital, which provides wealth management services to private clients. Stork Capital was established by the founders of Levant Capital and is a regulated asset manager based in Geneva, Switzerland.

Current Portfolio Investments

  • Warehouse Gym

    Warehouse Gym’s first location opened in one of Dubai's industrial areas in 2013, and today with 10 locations, has become UAE’s largest premium gym chain. Born from a vision to create an experience where like-minded individuals of all fitness levels and backgrounds come together.

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  • Papa Johns

    Master franchisee of the Papa Johns pizza brand in the United Arab Emirates, Saudi Arabia and Jordan. Papa Johns is the UAE’s second-largest and the world’s third-largest pizza delivery company with over 75 locations in the UAE and 5,000 locations worldwide. For 17 of the past 19 years, consumers rated Papa Johns No. 1 in product and service quality among national pizza chains in the American Customer Satisfaction Index (ACSI).

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  • Power Horse

    Power Horse is an energy drink brand with leading market positions in the Middle East and Africa. The company was founded in 1992 by Austrian food & beverage group Spitz and today is available in more than 50 countries across Asia, Africa, and Europe.

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  • IRRAS

    Founded in Sweden in 2012, IRRAS is a commercial medical device company, focused on designing, developing, and commercializing innovative solutions that transform fluid management after surgical procedures where drainage is required.

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  • Shoreline Biosciences

    Shoreline is developing the next generation of cellular immunotherapies designed to bring safe, effective and affordable treatments to patients in need through intelligently engineered, homogenous and scalable off-the-shelf products enabled by Shoreline’s iNK and iMACs cellular immunotherapy platforms.

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Selected Previous Investments

  • Al-Raya Supermarkets

    Al Raya is one of the largest regional supermarkets chains in the Kingdom of Saudi Arabia, with more than 50 stores across the western half of the Kingdom. The company is headquartered in Jeddah, where it was founded in 1992. Al Raya serves 70,000 customers every day and is known for its range of fresh food departments, including in-store bakeries offering fresh bread made daily.

    Levant Capital exited its investment in Al-Raya to Tamimi Markets in 2024.

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  • Bayara

    Bayara was founded in 1992 and has become one of the most celebrated brands in the GCC food industry within a span of 3 decades. Bayara brings natural ingredients from around the world to every table across its key channels: Consumer Goods, Shop in Shop and Food Service.

    Levant Capital exited its investment in Bayara to Savola Foods in 2021.

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  • Panco Kids

    Panco Kids is the leading Turkish childrenswear specialist retailer with over 100 outlets across Turkey and the GCC.

    Levant Capital exited its investment in Panco Kids to Kuzu Group in 2022.

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