Merak Capital backs essential, innovation-led businesses across Saudi Arabia and the region.
We invest with discipline, build with operators, and compound value through earnings growth, governance, and scale.

Essential B2B and service platforms with technology at the core: business services, healthcare services, compliance and inspection, field services, and workflows enabled by digital infrastructure. Preference for asset light models with recurring or repeat revenue, fragmented sub sectors suited to bolt ons, and clear operational improvement levers.
Non discretionary demand and regulatory alignment support resilient growth. Technology improves utilization and margins. Professionalization of pricing, procurement, KPI cadence, and working capital converts operating gains into durable EBITDA and cash generation.
Kingdom of Saudi Arabia as the primary market, supported by local sourcing and relationships. Selective MENA exposure only where it strengthens a Saudi platform or adds defensible capability. Investments seek control or a significant minority with governance rights to execute a defined value creation plan.
We back essential, tech-enabled services where cash flow growth is driven by clear demand, operating efficiency, and regulatory alignment in Saudi Arabia and the wider region.
Operators and functional specialists work side-by-side with management to improve pricing, utilization, sales motion, and working capital. translating to durable EBITDA and cash conversion.
Every deal is designed for downside protection and upside participation, using prudent leverage, governance rights, and value-creation plans tied to measurable milestones.

Othman Alhokail
Founder & Managing Partner