Nesma & Partners Contracting Co. Ltd.
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Nesma & Partners Contracting Co. Ltd. - overview
Established
1981
Location
-, -, Saudi Arabia
Primary Industry
Construction
About
Based in Saudi Arabia, and founded in 1981, Nesma & Partners Contracting Co. Ltd. formerly known as Nesma & Al Fadl operates as a general building contractor that provides full-fledged services in industrial, oil and gas, civil and buildings, infrastructure, and electro-mechanical. In February 2023, Public Investment Fund acquired a minority stake in Nesma & Partners Contracting Company.
As of March 2023, the company has a workforce of over 20,000 employees with an engineering office in Riyadh, Al Khobar, Jeddah, and Beirut. Nesma & Partners Contracting Co. Ltd. provides engineering and construction services such as geotechnical investigation, demolition, clearing and grubbing of the site, earthworks and rock excavation, retaining walls, parking and parking structures, landscaping and irrigation, water and sewage treatment plants, airfield markings, and signage, the new administration and VIP buildings, hydro-test, electrical instrumentation, painting, and insulation works, a pedestrian boulevard, landscape, and hardscape, and bus rapid transit (BRT) system infrastructure.
The company's client base includes Kaust, Gaca, Samsung Engineering, Chevron, and Bechtel. Following the acquisition in February 2023, the company intends to increase capacity, expand capabilities, stimulate growth, drive advanced technology adoption, and improve local supply chains for its projects in Saudi Arabia.
Current Investors
Public Investment Fund
Primary Industry
Construction
Sub Industries
Engineering, Facilities & Maintenance Services, Construction, Heating, Cooling & Ventilation Equipment and Services
Website
www.nesmapartners.com
Verticals
Infrastructure
Total Amount Raised
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Nesma & Partners Contracting Co. 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, LP Direct, Trade Sale | Completed | Al Yusr Industrial Contracting Company | - | ||||||||
| Add-on, LP Direct, Trade Sale | Completed | www.kentplc.com | - | ||||||||
| LP Direct | Completed | Nesma & Partners Contracting Co. Ltd. | - |
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