anb capital is pleased to announce its role as exclusive financial advisor to Fakieh Poultry Farms Company (“FPF”) on its recently completed private placement transaction for the sale of its 30% equity stake in Al Tazaj Fakieh BBQ Chicken Company (“Al Tazaj” or the “Company”).
Al Tazaj is a market leader in Saudi Arabia’s chicken quick service restaurant sector with a strong local brand built over decades of providing high quality menu offerings and services. The Company was established in 1989, is headquartered in Jeddah, and operates more than 125 outlets across the MENA region.
 
Mr. Enrique Velasco, the CEO of Fakieh Poultry Farms Company commented "The successful completion of this transaction, within just eight weeks of launch, underscores the outstanding strength, resilience, and remarkable growth potential of Al Tazaj. This achievement not only highlights the company’s solid position in the market but also reflects the dedication and collaboration of all parties involved in supporting its continued success. For FPF, this transaction represents a key milestone in realizing value, and their role has been instrumental in enabling Al Tazaj to continue its journey of growth. Al Tazaj's proven ability to adapt and innovate positions it for even greater success moving forward. We are excited to leverage this momentum, with a continued focus on innovation, strategic expansion, and maintaining the highest standards of operational excellence to ensure long-term prosperity."
The transaction was well-received by the market with strong investor participation including from institutional investors such as Al Rajhi Partners.
Mr. Saad M. AlGheriri, AlRajhi Partners Chief Executive Officer stated: “The acquisition of a strategic stake reflects our dedication to investing in successful businesses with strong brand that resonate with the evolving preferences of our communities. We look forward to the partnership with FPF on setting new benchmarks in quality, service, and dining experiences.”
 
Mr. Khalid S. Al-Ghamdi, Chief Executive Officer of anb capital, commented: “Private placements, like this one, go beyond mere capital raising—they enable businesses to institutionalize their operations, paving the way for future transitions, including IPOs, by fostering robust governance and transparency. They also serve as a signal to the market that the company has already undergone rigorous scrutiny and earned the backing of seasoned investors. 
This landmark transaction not only highlights Al Tazaj’s leading position in the Saudi QSR sector but also reflects our commitment to supporting transformative growth stories. 
We are honored by the trust placed in us by FPF and remain dedicated to contributing to Al Tazaj’s journey toward greater achievements.”