Saudi PE Firm Jadwa Invests $45 Million in PetroApp Ahead of IPO

Saudi PE Firm Jadwa Invests $45 Million in PetroApp Ahead of IPO

Saudi private equity firm Jadwa Investment has committed $45 million to Saudi fuel and fleet management firm PetroApp, with a view toward taking the company public by 2028.

Jadwa leads a USD 50 million investment round in PetroApp - QUICK NEWS AFRICA

Jadwa Investment, a leading investment management and advisory firm in the Middle East, today announced it has led a USD 50 million investment round in PetroApp, Saudi Arabia’s leading fuel management platform, through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund. Bunat Ventures, a regional venture capital firm, also participated in the round. […] The post Jadwa leads a USD 50 million investment round in PetroApp fi…