Clyde & Co advised Shrimp Nation on strategic partnership with Olive Rock Partners
Clyde & Co advised Shrimp Nation, a leading homegrown Saudi dining brand and one of the fastest-growing seafood restaurant concepts in the Middle East, on its strategic partnership with private equity firm Olive Rock Partners, marking a major milestone in Shrimp Nation’s growth strategy. Olive Rock has acquired a 30% stake in Shrimp Nation, setting the stage for significant regional and global expansion.
This partnership marks an important step in Shrimp Nation’s journey from a standout local dining concept to a regional lifestyle brand. The investment will enable the company’s expansion across the Kingdom of Saudi Arabia and into international markets, supporting rising consumer demand and the evolving food and beverage landscape.
Mohammed Abualizz, Founder and CEO of Shrimp Nation, commented,
“This partnership marks an exciting new chapter for Shrimp Nation. Olive Rock’s investment in our brand is a strategic alliance that will enable us to scale with purpose. Saudi Arabia is a high-growth market with immense potential that aligns with our mission to become the region’s leading seafood dining destination. With Olive Rock’s expertise and support, we are confident to accelerate our expansion across the region and beyond, while redefining what modern seafood dining looks like in new markets. Our shared vision is to build a globally recognised, culturally rooted brand that resonates across borders.”
This strategic partnership reflects growing investor confidence in Saudi Arabia’s F&B sector and highlights a shared commitment to driving innovation, quality, and long-term value in the regional dining scene.
Clyde & Co provided comprehensive legal counsel to Shrimp Nation throughout the transaction. The team was led by Mohammed Almarzouki (Partner, Jeddah) and Elie Mikhael (Legal Director, Riyadh), supported by Alanoud AlDakhil (Associate, Riyadh).
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