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.
We are a multi‑strategy investor backing essential, operationally critical businesses with recurring or repeat demand, often in fragmented sub‑sectors suited to consolidation and with clear operating levers.
Our roots are in technology‑enabled services, and that remains a core strength, alongside a growing focus on consumer, fashion, and other opportunities that fit our discipline.
We back businesses with structural demand and durable tailwinds, where disciplined ownership turns operating gains into stronger margins and cash conversion. Essential demand paired with clear improvement potential is what lets value compound steadily through the hold.
Saudi Arabia is our primary market, supported by local sourcing and relationships. We take selective MENA exposure only where it strengthens a Saudi platform or adds a defensible capability.
We are deliberate about price and structure at entry. Every investment is underwritten to a clear return path, with conviction built on diligence rather than competition for the deal.
Operators and functional specialists work alongside management on pricing, utilization, sales motion, and working capital, turning these into stronger margins and reliable cash conversion.
We align with management through shared upside and clear incentives, and structure each deal for downside protection and value creation, using appropriate governance rights and prudent leverage, with plans tied to measurable milestones.
Othman Alhokail
Founder and Managing Partner
