Silah Gulf completes acquisition of BBK's Invita in GCC outsourcing push
What's the deal? Bahrain-listed Silah GulfDealroom has a profile for this one. Try Dealroom → has completed the full acquisition of Invita CompanyDealroom has a profile for this one. Try Dealroom →, a wholly owned subsidiary of Bank of Bahrain and Kuwait (BBK)Dealroom has a profile for this one. Try Dealroom →, according to a filing on the Bahrain Bourse. Financial terms were not disclosed. The transaction closed on September 24, following a share purchase agreement announced on June 30.
Who's involved? SilahDealroom has a profile for this one. Try Dealroom →, a portfolio company of Bahrain's sovereign wealth fund MumtalakatDealroom has a profile for this one. Try Dealroom →, is a customer experience solutions provider operating in Bahrain, Saudi Arabia, and Kuwait. It offers business process management, customer experience technology, and advisory services.
Why it matters: The deal unites two Bahrain-based firms in related areas of customer service and business-process outsourcing (BPO). BBK has historically run Invita to manage its own BPO activities alongside external regional clients.
Why now? The acquisition needed a no-objection from the Central Bank of Bahrain, which Silah said was obtained after all regulatory and compliance requirements were fulfilled. BBK had disclosed the planned sale in its half-year interim financial statement.
What's the endgame? The buyout materialises a core growth strategy Silah outlined during its initial public offering (IPO). In its prospectus, the company identified the Invita deal as a primary catalyst to consolidate its market presence across the Gulf Cooperation Council (GCC).
Big number: The deal comes months after Silah completed its IPO and began trading on Bahrain Bourse in February 2026. That offering involved 16.3 million shares, or 30% of post-IPO share capital, raising roughly $7.6 million.
The signal: The acquisition points to consolidation in the GCC's outsourcing market, with a newly listed provider absorbing a bank-owned unit to scale across the region. Silah said the transaction's impact on its financial position will be announced in due course.
Read more: forbesmiddleeast.com
Image credit: aqua.mech
