Strategic Move to Strengthen Non-Banking Financial Services

Catalyst Partners Middle East (CPME), the first Special Purpose Acquisition Company (SPAC) in the Egyptian market listed on the Egyptian Exchange under ticker CPME.CA, has announced that its Board of Directors has granted in-principle approval to proceed with acquiring a controlling stake—potentially up to 100%—in EIH Consulting and its subsidiaries.

The move aligns with CPME’s broader strategy to expand its footprint in the non-banking financial services sector, with a particular focus on precious metals and gold-related financial services.

EIH Consulting and “mngm” Platform Lead the Market

EIH Consulting is recognized as a leading player in precious metals investment and trading in Egypt, having been among the first to introduce a specialized digital platform under the brand mngm.

The platform enables gold and silver trading for a wide range of clients, including individual investors, institutions, and investment funds—reflecting the growing demand for precious metals as a hedge against economic volatility.

Due Diligence and Deal Structuring Underway

Following the Board’s approval, CPME has authorized its executive leadership to initiate due diligence procedures, advance negotiations, and determine the final structure of the transaction.

The acquisition may be executed through:

• A cash transaction
• A share swap arrangement

Final outcomes will be submitted to the Board for approval upon completion of negotiations.

Independent Financial Advisor Appointed

CPME has appointed Gravition Financial Advisory as an independent financial advisor to conduct a fair value assessment of EIH Consulting, in compliance with applicable regulatory frameworks.

Leadership Insights: Focus on Sustainable Growth

According to Maged Shawky, Chairman and Co-Founder of CPME, the transaction reflects the company’s commitment to investing in high-growth sectors capable of delivering long-term value.

He highlighted that EIH Consulting presents a strong model combining operational expertise with forward-looking vision, particularly in the rapidly growing precious metals sector.

Shawky added that CPME aims to leverage its regional network and investment capabilities to accelerate expansion and drive innovation in gold-related financial products.

EIH Consulting Eyes Expansion Phase

Sameh El-Torgoman, Chairman and CEO of EIH Consulting, stated that the company looks forward to leveraging CPME’s expertise to support its growth strategy and expand its market presence.

He described the potential deal as a key milestone in the company’s journey toward a new phase of development and expansion.

Transaction Subject to Regulatory Approvals

The company confirmed that completion of the acquisition remains contingent upon:

• Final negotiation outcomes
• Successful completion of due diligence
• Approval from relevant regulatory authorities

Growing Momentum in Egypt’s Precious Metals Sector

This potential acquisition underscores the increasing momentum in Egypt’s precious metals investment market, driven by rising investor interest and the expansion of digital trading platforms, positioning the sector as a key area for future financial growth.