Loeb & Loeb Advises Daher Capital in Investment in Kyriba

Loeb & Loeb represented Daher Capital., a Beirut-based family office and a principal investor in Kyriba, in connection with Kyriba’s $160 million growth investment round led by Bridgepoint Capital. The closed deal, which gives Bridgepoint a majority stake in the business, values Kyriba at $1.2 billion. Daher Capital, Iris Capital and CEO Jean-Luc Robert continue on as investors in the company. With the new capital, Kyriba, the global leader in cloud treasury and finance solutions, will enhance product development and customer support, and expand its partner ecosystem.

The Loeb & Loeb deal team representing Daher Capital in this transaction was led by corporate partner Rima R. Moawad, and included lawyers Alan J. Tarr, Ryan M. Austin and Angela M. Santoro Dowd.