Exclusive: Amana Capital, Centroid Solutions and 514 Capital Merge into 180 Capital
- The brokerage company, the technology provider and the asset management firm are uniting under one brand.
Amana Capital, Centroid Solutions, and 514 Capital Partners have shared with Finance Magnates that they are working on a Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term. The companies have unveiled a transformational that unifies the three firms into a holding company named ‘180 Capital’.
Commenting on the news, the Executive Director of 180 Capital and Chief Executive Officer of Amana Capital, Ahmad Khatib, said: “The grouping of the entities under one structure, will help realize our vision of building an international player that delivers technology-centered solutions to the financial industry. We look forward to exploring more strategic possibilities in the future.”
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The synergies between the different firms that are all focused on the financial market are vast and the new entity will focus on increasing the effective cooperation between the firms.
“The consolidation will accelerate our momentum through a mandate of strategic collaboration, facilitated by shared values, including integrity, competitiveness, and passion,” explains the co-founder of 180 Capital and Chairman of Centroid Solutions, Ziad Aboujeb.
The new brand, located on the web at 180cap.com, will integrate the experience of Amana Capital in the online brokerage business with the quantitative investment management focus of 514 Capital and the Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and regulatory technology solutions of Centroid Solutions.
The companies are aiming to expand their business by broadening their client base, and find synergies across different operational aspects of each firm. The deal is pending a regulatory approval from the competent authorities.
“Our companies have been steadily building distinct capabilities for several years. Our entrepreneurial dynamism will allow us to build a larger, more meaningful organization for our stakeholders,” concluded the co-founder of 180 Capital and Chairman of 514 Capital Partners, Karim Farra.
Amana Capital, Centroid Solutions, and 514 Capital Partners have shared with Finance Magnates that they are working on a Merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term. The companies have unveiled a transformational that unifies the three firms into a holding company named ‘180 Capital’.
Commenting on the news, the Executive Director of 180 Capital and Chief Executive Officer of Amana Capital, Ahmad Khatib, said: “The grouping of the entities under one structure, will help realize our vision of building an international player that delivers technology-centered solutions to the financial industry. We look forward to exploring more strategic possibilities in the future.”
Discover credible partners and premium clients in China's leading event!
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The synergies between the different firms that are all focused on the financial market are vast and the new entity will focus on increasing the effective cooperation between the firms.
“The consolidation will accelerate our momentum through a mandate of strategic collaboration, facilitated by shared values, including integrity, competitiveness, and passion,” explains the co-founder of 180 Capital and Chairman of Centroid Solutions, Ziad Aboujeb.
The new brand, located on the web at 180cap.com, will integrate the experience of Amana Capital in the online brokerage business with the quantitative investment management focus of 514 Capital and the Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and regulatory technology solutions of Centroid Solutions.
The companies are aiming to expand their business by broadening their client base, and find synergies across different operational aspects of each firm. The deal is pending a regulatory approval from the competent authorities.
“Our companies have been steadily building distinct capabilities for several years. Our entrepreneurial dynamism will allow us to build a larger, more meaningful organization for our stakeholders,” concluded the co-founder of 180 Capital and Chairman of 514 Capital Partners, Karim Farra.