Adnan Bekdur
Partner | Dubai
Adnan Bekdur

Adnan Bekdur guides sovereign wealth funds, private equity sponsors, alternative capital providers and corporates through complex cross-border mergers and acquisitions, equity investments and restructurings spanning the Middle East, Europe and beyond. Mr. Bekdur brings more than a decade of experience structuring multijurisdictional deals across asset classes.

Mr. Bekdur handles the full range of M&A and alternative capital transactions, from acquisitions and divestitures to minority and control equity investments, portfolio-level support and restructurings. His clients include sovereign wealth funds, private equity firms, credit investors and corporates operating across the energy, financial services, pharmaceuticals, real estate, telecommunications and technology industries, and he has particular depth advising on transactions that cross EMEA borders.

He regularly counsels sovereign and institutional investors on acquisitions and disposals, credit funds on financings and workouts tied to leveraged buyouts, and private equity sponsors on platform acquisitions and bolt-on deals. He has represented clients on transactions valued from the hundreds of millions to several billion dollars, often involving multiple jurisdictions and complex capital structures.

  • Represented Dream Games, developer and publisher of mobile games Royal Match and Royal Kingdom, on a strategic investment from CVC.
  • Represented Emirates International Investment Company, a company controlled by National Holding LLC, a leading UAE investment group, on its minority investment in Joe & The Juice, an international chain of juice bars and coffee shops.
  • Represented Marathon Asset Management on its investment into a Brookfield-led single-asset fund formed to invest US$2 billion by way of preferred shares into GEMS Education, a global private school operator based in the Middle East and North Africa.
  • Represented BlueWater Energy on the sale of leading engineering company Kent (headquartered in UAE) to Nesma & Partners (based in Saudi Arabia).
  • Represented Kent, a BlueWater Energy portfolio company, on its acquisition of the oil and gas and engineering and consulting business of SNC-Lavalin.
  • Represented TruKKer on its US$100 million Series C funding round, with key investors including Mubadala and Investcorp.
  • Represented Lunate, an Abu Dhabi-headquartered alternative investment manager, on its acquisition of a strategic stake in Azura Partners, a UK-based wealth manager serving ultra-high-net-worth and high-net-worth individuals, entrepreneurs and single-family offices.
  • Represented Mubadala on its investment, alongside Starz, into a vehicle formed to originate, acquire, finance and dispose of commercial real estate loans.
  • Represented the Industrialization and Energy Services Company (TAQA) on its 100% acquisition of Al Mansoori Petroleum Services LLC, an Abu Dhabi-based oilfield services provider, for approximately US$1 billion.
  • Represented A15, a technology investment fund, on the sale of a 76% stake in United Arab Emirates-based fintech company TPAY Mobile FZ-LLC to Helios Investment Partners.
  • Represented A15 Holding Netherlands B.V. on its sale of 86% of its shares in Connect Ads DMCC, a leading MENA provider of digital advertising, to the Aleph Internet Media Services group.
  • Represented Armira on its acquisition of a 40% stake in Pharos Group, a leading pharmaceutical group based in Greece.
  • Represented CVC Capital Partners on its EUR 942 million acquisition of Partner in Pet Food Group, valuing the pan-European pet food manufacturer at an enterprise value of EUR 1.5 billion.
  • Represented FutureLife a.s., a pan-European IVF services provider and CVC Capital portfolio company, on its acquisition of London IVF clinic The Centre for Reproductive and Genetic Health.
  • Represented Actis on its EUR 500 million acquisition of a telecom towers business carved out from state-owned Telekom Srbija, encompassing 1,800 towers across Serbia, Bosnia and Herzegovina and Montenegro.
  • Represented Alpha Bank on the partial disposal of a large and diverse portfolio of real estate assets in Greece.
  • Represented Centerbridge Partners and Gallatin Point Capital on their acquisition of a controlling stake in major insurance company Phoenix Holdings Ltd from Delek Group.
  • Represented GIC on its financing of CD&R's acquisition of Epicor in the United States.
  • Represented Anchorage Capital Group LLC, GIC and Davidson Kempner on the sale of their interests in Eir, Ireland's principal fixed-line and mobile telecoms provider, to Toohil Telecom Holdings Limited for an enterprise value of EUR 3.5 billion.
  • Represented John Laing Group on its acquisition of HICL Infrastructure PLC's entire equity interest in four UK public-private partnership projects and a 37.5% stake in the Hornsea II offshore transmission assets.
  • Represented Goldman Sachs International and the European Bank for Reconstruction and Development on successive minority-stake investments in Modanisa Elektronik Mağazacılık ve Ticaret A.Ş., an e-commerce retailer of modern conservative clothing and accessories.
  • Represented Goldman Sachs Private Capital Investments on its investment in OutSystems, a global leader in low-code application development.
  • Represented Blackstone Credit on the disposal of a 15% stake in Morson Group, a UK-based specialist recruitment group, to Onex Corporation.
  • Represented Blackstone Capital and Bybrook, the controlling shareholders of Advanz Pharma, on a formal sale process culminating in a public offer by Nordic Capital for an equity value of US$846 million.
  • Represented Blackstone Credit on debt and equity financing supporting CapVest Partners LLP's acquisition of Datasite Global Corporation, including a unitranche facility later retranched into PIK and first lien syndicated financing.
  • Represented Blackstone Alternative Credit Advisors LP on the sale of Alcontrol Group Limited and the structuring and upstreaming of proceeds.
  • Represented Blackstone Credit on alternative capital transactions, financings and restructurings, including matters involving Cobham plc and KP1.

Includes matters handled prior to joining the firm.

  • Named an “Emerging Leader” by The M&A Advisor, 2025
Services Industries
    • University College Utrecht, B.A. (Hons), 2011
    • King’s College London, LL.M., 2012
    • University of Law, GDL and LPC, 2013/14
    • England and Wales, Solicitor
    • DIFC (United Arab Emirates), Registered as Legal Practitioner