Barakat, Maher & Partners in association with Clyde & Co advised Kouncel on equity financing round

Barakat, Maher & Partners in association with Clyde & Co has advised Kouncel on an equity financing round led by IBF & Company.

Kouncel, a grant recipient of the African Development Bank, is an educational subscription-based platform that operates at the intersection of technology and learning, delivering high-quality professional content and digital learning tools designed to enhance users’ experience.

The transaction includes both primary and secondary offerings, providing new capital to support Kouncel’s continued growth and expansion. This deal marks a key milestone in Kouncel’s development and will support continued investment in technology, product innovation, and market expansion to reinforce its position as a leading platform in the online education sector.

Leading on the transaction, Sameh Dahroug, partner comments "This deal showcases our M&A and transactional capabilities in advising on transactions with multifaceted dimensions, and underscores our firm’s expertise in executing impactful, growth-oriented deals in Egypt.”

The transaction was led by partner Sameh Dahroug, with support from associates Mohamed El Hossamy and Amina ElBaz based in the firm’s Cairo office.

Two years since opening our Cairo office, our team has established itself as a transactional powerhouse, advising local and international businesses across a wide range of sectors. We have successfully handled complex M&A transactions, including advising on the first merger in Egypt’s private sector insurance industry, as well as handling private equity, anti-trust, competition, regulatory and corporate matters. Our teams expertise also extends to joint ventures (JVs), restructurings, separations and carve-outs, together with initial public offerings (IPOs) and securitization deals including three closings for Capital for Securitization on the mortgage portfolio of Bedaya, the third issuance valued at  EGP 1,780,500,000 on 25 December 2024 and the first two issuances, valued at EGP 843 million on 29 December 2023 and EGP 1,415,500,000 on 10 October 2024. The team has proven capabilities in FinTech, venture capital, artificial intelligence (AI) and financial non-banking services. The Cairo office is also active in employment, and cross-border disputes and arbitration.

Learn more about our Cairo office