Gulf Capital, a leading private equity firm, has launched its operating improvement arm, ExcellenceO2, to assist it in the operational enhancement and growth of its portfolio companies.

The initiative is in line with Gulf Capital’s belief that active operational enhancement and value addition is the most sustainable way to deliver superior returns to investors in the long-term.

ExcellenceO2 will be run by three senior operating partners, Patrick Buffet, Alfred Farwagi and Nabil Kassem, a highly qualified team with a proven track record of restructurings, turnarounds, operational improvement and profit enhancement.

“The ExecellenceO2 partners are amongst the most seasoned and proven industry veterans who have worked regionally and globally at the highest levels in a number of multinational companies. Their experience and track record in restructuring and optimising companies and restoring them to profitability and growth will be an important addition to Gulf Capital’s skill set and capabilities,” said Dr Karim El Solh, co-founder and chief executive officer of Gulf Capital.-TradeArabia News Service