Expertise
Homam Khoshaim is Head of Addleshaw Goddard KSA and a founding partner of the firm's KSA business. He leads the KSA Corporate M&A practice and is a member of the Firm’s regional executive.
His practice centres on M&A and joint ventures, acting for sovereign wealth funds and their portfolio companies, Tadawul-listed issuers, Saudi family conglomerates, government and quasi-government entities, giga-project sponsors, CMA-licensed fund managers and international acquirers entering the Kingdom. He also acts on IPOs and other ECM transactions.
Homam routinely advises on competition & antitrust matters relating to the KSA’s General Authority for Competition, including obtaining non-objections to complete domestic and cross-border economic concentrations.
Prior to joining Addleshaw Goddard, Homam practiced in the London and Riyadh offices of leading US firms. He is a qualified attorney in New York, a Solicitor of England & Wales, and is licensed to practice in KSA by the Ministry of Justice.
- Experience
Mergers & Acquisitions/Anti-Trust
- Advised Miahona on its acquisition of 100% of SHAS Water from Al Manhal Water Factory Company, a Nestlé Waters subsidiary, for approximately SAR 100 million.
- Advised Albilad Capital on Albilad Hospitality Fund I's approximately SAR 1 billion acquisition of the Mövenpick Hotel & Residences Riyadh.
- Advised The Public Investment Fund on its consortium's SAR 3.026 billion acquisition of an 80% interest in Zain KSA's portfolio of 8,069 passive telecommunications towers.
- Advised The Public Investment Fund on its USD 1.3 billion subscriptions for significant minority interests in Nesma & Partners Contracting Company, ElSeif Engineering Contracting Company, AlBawani Holding Company and Almabani General Contractors Company.
- Advised The Public Investment Fund on its 50:50 joint venture with stc Group to establish iot squared, a Saudi internet-of-things company with initial capital of SAR 492 million.
- Advised Saudi Basic Industries Corporation (SABIC) on its SAR 4.59 billion sale of SABIC Agri-Nutrients Investment Company to SAFCO in exchange for newly issued SAFCO shares, including obtaining GAC’s non-objection in respect of the economic concentration.
- Advised BinDawood Holding Company on its SAR 441.1 million acquisition of Zahrat Al Rawdah Pharmacies Company LLC, including obtaining GAC’s non-objection in respect of the economic concentration.
- Advised SIG Combibloc Group AG on its acquisition of Obeikan Investment Group's remaining 50% interest in SIG Combibloc Obeikan for approximately 17.5 million SIG shares and EUR 167 million in cash, including obtaining GAC’s non-objection in respect of the economic concentration.
- Advised BATIC Investments and Logistics Company on its proposed SAR 226.47 million acquisitions of Al Muhaidib Land Transport Company and Al Himma Logistics Company through a capital increase and share consideration, including obtaining GAC’s non-objection in respect of the economic concentration.
- Advised Riyad Bank in connection with its attempted merger with the National Commercial Bank.
Equity/Debt Capital Markets
- Advised Solutions by STC and Giza Systems on a dual-tranche Sharia-compliant financing comprising a USD 84 million Murabaha facility and an EGP 2.82 billion mudaraba facility for Giza Systems and VAS Integrated Solutions, provided by a syndicate led by Abu Dhabi Islamic Bank – Egypt.
- Advised the underwriters on Saudi Aramco's USD 25.6 billion IPO and listing on the Saudi Exchange, comprising 3 billion shares representing 1.5% of the company — the largest IPO in history at the time.
- Advised Solutions by STC on its SAR 3.624 billion IPO and Main Market listing of 20% of its share capital, comprising 24 million shares at SAR 151 per share and implying a market capitalisation of approximately SAR 18.1 billion.
- Advised Elm Company on its SAR 3.072 billion IPO and listing of 30% of its share capital on the Saudi Exchange.
- Advised Alamar Foods Company on its SAR 1.22 billion initial public offering and listing on the Saudi Exchange Main Market.
- Advised Emaar, The Economic City on its SAR 2.833 billion capital increase through the conversion of PIF debt into approximately 283.33 million new shares, resulting in PIF acquiring a 25% shareholding.
- Advised Al-Dawaa Medical Services Company on its SAR 1.861 billion IPO and listing of 30% of its share capital on the Saudi Exchange.
- Advised EIG Pearl Holdings S.à r.l. on its inaugural USD 2.5 billion dual-tranche senior secured bond offering, comprising USD 1.25 billion 3.545% bonds due 2036 and USD 1.25 billion 4.387% bonds due 2046.
Venture Capital
- Advised Artal Capital, through the Artal Growth Opportunities Fund, as lead investor in Syarah's SAR 225 million-plus Series C financing, including cross-border due diligence on the target's Saudi and Jordanian operations.
- Advised Saudi Technology Ventures (STV) on its investment in Careem's USD 200 million first close of a planned USD 500 million Series F financing, alongside Kingdom Holding Company, Al Tayyar Group and Rakuten.
- Advised Saudi Technology Ventures (STV) on leading Unifonic's USD 21 million-plus Series A financing — the largest Series A financing in the Middle East at the time.
- Education
- Ryerson University (Bachelor of Commerce with honours , Finance Major; Law Minor)
- Tulane University Law School (Doctor of Jurisprudence)
- Languages
- Arabic
- English
- Publications
- The Technology, Media and Telecommunications Review (12th Edition) – Saudi Arabia (2022).
- SAMA Updates Payment Services Provider Licensing Regime in KSA (2020).
- Testimonials
''Working with Homam on our joint venture in the Kingdom has been an absolute pleasure. His pragmatic approach and negotiation skills made us feel confident and supported every step of the way. A fantastic operator.'' - Client testimonial