Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired a 25% stake in Gordon Technologies, L.L.C. from Pelican Energy Partners LP, management team and founder of Gordon Technologies for approximately AED 600 million on November 2, 2022. Founder will remain as part of the Gordon Technologies post transaction. Chimera Capital acted as sole financial advisor to Alpha Dhabi Holding on the transaction. FMI Capital Advisors acted as financial advisor to Gordon Technologies and Reed Smith LLP acted as legal advisor to Gordon Technologies. Freshfields Bruckhaus Deringer LLP acted as legal advisor to Alpha Dhabi Holding PJSC.

Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) completed the acquisition of a 25% stake in Gordon Technologies, L.L.C. from Pelican Energy Partners LP, management team and founder of Gordon Technologies on November 2, 2022.