Group 42 Holding Ltd.
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Group 42 Holding Ltd. - overview
Established
2018
Location
Abu Dhabi, -, United Arab Emirates
Primary Industry
Healthcare
About
Established in 2018 and based in Abu Dhabi, UAE, Group 42 Holding Ltd. , operates as a cloud and AI-based platform that helps enterprises accelerate profound fundamental and applied AI research and label large amounts of data. In April 2021, Silver Lake acquired a minority stake in G42 Companies Management for USD 800 million. As of 2024, the company is led by its CEO, Peng Xiao, and has a client base including companies like Oracle, Mubadala, SilverLake, and many more.
The company offers various artificial intelligence (AI) and cloud computing solutions that include end-to-end cloud infrastructure, multi-cloud offerings, wholesale data centre solutions, teaching machines, natural language processing, and many more. The artificial intelligence, cloud computing, and technology offerings of the company allow its customers to digitize large enterprises, improve regional healthcare, and enhance government services.
Current Investors
Silver Lake, Mubadala Investment Company, Microsoft
Primary Industry
Healthcare
Sub Industries
Data Centers, Healthcare, IT Infrastructure, Application Integration Software
Website
www.g42.ai/
Verticals
Artificial Intelligence, Artificial Intelligence, Cloud Computing
Total Amount Raised
Subscriber access only
Group 42 Holding Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Group 42 Holding Ltd. | - | ||||||||
| Secondary Buyout | Completed | Group 42 Holding Ltd. | - | ||||||||
| Investment | Completed | Group 42 Holding Ltd. | - | ||||||||
| Add-on | Completed | Injazat | - | ||||||||
| Company Formation | Completed | AIQ | - |
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Group 42 Holding Ltd. - employee data
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