Global law firm Clyde & Co has advised Oliver Wyman, a global management consulting firm and a business of Marsh McLennan, in connection with its acquisition of Booz Allen Hamilton’s strategy consulting business serving the Middle East and North Africa region.
The acquired entity joins Oliver Wyman’s India, Middle East, and Africa (IMEA) practice, further bolstering Oliver Wyman’s capabilities in both the region and globally.
Clyde & Co acted as Middle East counsel. Leading the team were Partners Naji Hawayek (corporate) and Sara Khoja (employment) who were assisted by Senior Associates Ghalya Rashid Ali (corporate), Krishen Patel (corporate) and Amy Guest (employment).
Sara comments: "We are excited to witness, post-pandemic and post-Expo 2020, an active M&A market in the UAE and the Middle East region. Specifically, we have been very pleased to assist and advise Oliver Wyman in respect of this acquisition and its continuing growth plans in the region.”
Headquartered in the US, Oliver Wyman is a global management consulting firm with offices in more than 70 cities across 30 countries in the Americas, Europe, Africa, Middle East, India, and Asia-Pacific. Headquartered in the US, Booz Allen Hamilton is a management consulting and technology firm with offices in North America, Europe, North Africa, Middle East, and Southeast Asia.
Clyde & Co has a top tier corporate/M&A team in the Middle East. The team have recently advised Aldar on its USD 1.17 billion acquisition of four prime Grade A commercial towers in the ADGM from Mubadala Investment Company - the acquisition represents one of the largest real estate transactions in the UAE; advised noon on its AED 1.23 billion (USD 335.2 million) acquisition of Namshi from Emaar Malls; and advised Aldar on its AED 810 million acquisition of the beachfront resort, DoubleTree by Hilton Resort & Spa Marjan Island in Ras Al Khaimah.
Clyde & Co has the largest presence and is one of most experienced international law firms in the region with over 40 partners and 300 staff, based full time in Abu Dhabi and Dubai in the UAE, Doha in Qatar, and Riyadh in Saudi Arabia. The firm supports international and local organisations throughout the wider region with a full-service offering of local specialists across most business sectors and services of law, including commercial, commercial disputes, corporate, cyber risk, data protection & privacy, employment & immigration, finance, global recoveries, insolvency & reorganisation, intellectual property, international arbitration, projects & construction, real estate, regulatory & investigations, and technology, outsourcing & data.