Curtis Advises GFH Partners on its Strategic Acquisition of a Majority Stake in Devmark Real Estate Brokers LLC

Curtis, Mallet-Prevost, Colt & Mosle LLP is pleased to announce that it has advised GFH Partners Ltd, a wholly owned subsidiary of GFH Financial Group B.S.C., on its strategic acquisition of a majority equity interest in Devmark Real Estate Brokers LLC (Devmark), a specialist and leading real estate advisory and brokerage platform based in Dubai.

The transaction further strengthens GFH Partners’ real estate investment platform by integrating a scalable, high-performance brokerage and advisory business with strong transactional momentum and a proven management team, reinforcing GFH Partners' strategy of investing in diverse, growth-oriented operating businesses across the region.

Curtis advised GFH Partners as lead transaction counsel on all aspects of the acquisition, including corporate structuring, legal due diligence, management incentive schemes, regulatory and the negotiation and execution of the transaction documents. The Curtis deal team was led by Dubai-based Partner Philippe Habib, supported by Counsel Ashley Connick (Corporate, Dubai), Counsel Yuri Presniakov (Corporate, London), and Associate Krystle Koh (Corporate, Dubai). Tax advice was provided by New York-based Partner Olga Beloded and Associate Andrija Durovic.

“We are pleased to have worked alongside the brilliant team at GFH Partners on a strategically important transaction that reflects both the breadth of our sector experience and our ability to advise and execute strategically significant M&A deals. This transaction showcases the continued sophistication of the regional M&A market and reinforces our role as trusted advisors to investors deploying capital across the GCC”, commented Philippe Habib, Partner.

Further details regarding the transaction are available in the press release, available here.

About Curtis, Mallet-Prevost, Colt & Mosle LLP

Curtis, Mallet-Prevost, Colt & Mosle LLP is an international law firm headquartered in New York, with offices in key financial and commercial centers across the Middle East, Europe, the United States, Latin America and Central Asia. The firm represents a wide range of clients, including, sovereigns, state-owned entities, financial institutions, corporates as well as family offices and founders on complex mergers and acquisitions, private equity, joint ventures, and capital markets as well as litigation and arbitration matters. The firm combines international deal capability with on-the-ground regional knowledge to support clients throughout the full transaction lifecycle.