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Sancta Capital Announces $43 million Acquisition

Sancta Capital Announces $43 million Acquisition and Growth Debt Funding of RSS, a Leading GCC Power Solutions Provider

  • Transaction financed via issuance of a novel $43 million Shariah-compliant senior secured debt instrument
  • Sancta Capital acquires 75% equity stake in RSS, with 25% allotted as management incentive
  • Substantial portion of issuance to fund RSS’ hybrid solar-diesel power transition strategy, supporting early-mover advantage in a rapidly growing segment

Dubai, United Arab Emirates, 30 November 2023: Sancta Capital, the alternative investment manager focused on special situations in the Middle East & North Africa, is pleased to announce the successful acquisition and growth debt funding of Rental Solutions & Services Limited (“RSS”), a leading tech-enabled temporary and backup power solutions provider with a 16-year operating history in the UAE, Saudi Arabia and Bahrain.

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