Building capital for growing companies.
TwoAtoms Capital is a Capital Market Institution licensed by the Capital Market Authority for Arranging and Advising. From Saudi Arabia, the firm advises in investment banking for private companies, shareholders and the public sector on raising capital, transactions, restructuring and public-private partnerships.
About the firmTwoAtoms Capital serves mid-sized Saudi companies, their shareholders, and the public sector in converting public assets into operating enterprises. The firm conducts Arranging and Advising in securities under its Capital Market Authority licence, and its services are built on independent advice rather than product sales.
Firm overview
About the firm
Licensed by the Capital Market Authority
Two Atoms Capital Company holds CMA licence 22248-30 for Arranging and Advising in securities. Advice on corporate finance, offerings of securities and transactions is given within that licence.
Independent advice
The firm's services are built on objective advice: its recommendations start from the client's interest in the transaction, not from products it seeks to place.
A senior team and a wider bench
Each mandate is led by a senior adviser, supported by a network of sector specialists and professional partners engaged as the work requires.
The firm's approach is to advise early, structure carefully and execute to international market standards, so that mid-sized owners receive the same quality of advice as the largest companies.
Our services
Situations the firm advises on.
The firm is sector-agnostic. It generally works with companies and shareholders facing one of the following decisions.
Succession, liquidity and partial exits
A partner or founder wants to release value, bring in an institutional investor or plan a transfer of ownership without losing control. The firm structures partial exits, secondary sales and private placements.
Going public, or raising capital privately
A company considering an IPO on the Saudi Exchange (TASI) or the parallel market (Nomu), a sukuk or debt issuance, or a private round. The firm assesses readiness, builds the equity story and arranges the offering.
Acquisitions, partnerships and market entry
A Saudi company buying or selling a business, or an international group entering the Kingdom through an acquisition or joint venture. The firm runs the process end to end as a licensed counterpart inside the market.
Balance-sheet stress
A company facing covenant pressure, refinancing risk or a Bankruptcy Law process. The firm advises on restructuring, liability management and the financial file a court or creditors will test.
Public assets becoming enterprises
A government entity or development company privatizing an asset, structuring a PPP or concession, or funding a newly corporatised platform. The firm advises on structure, funding route and approvals.
Selected cases
Engagements undertaken by the firm since it commenced business; particulars are available on request.
Sell-side / Automotive services technologySale of an automotive services technology company
Sell-side adviser to the shareholders. Prepared the financial model, valuation and information memorandum, ran the process and supported negotiation to closing. Completed.
Buy-side / Due diligenceFinancial due diligence for an acquirer (telecom services operator)
Financial due diligence on a Saudi target in a live process: quality of earnings, net working capital and net debt analysis supporting the acquirer's investment decision. Completed.
Capital markets / TechnologyListing readiness for a technology company
Readiness assessment ahead of a planned listing, covering financial reporting, governance and related-party arrangements, with a work plan to close the gaps identified.
A senior team, supported by a network of specialists.
Mandates are led by the firm's senior advisers, supported by a network of specialists.

Bader Alzahrani
Chairman
Twenty years in corporate development, venture investment and executive leadership across the public and private sectors, including the founding and leadership of government entities and investment platforms, privatization programmes, and the opening of new sectors to private investment.

Abdullah Hamoud
Board Member and CEO
More than sixteen years in investment banking, principal investment and transaction services, covering public offerings and listings, mergers and acquisitions, and multi-asset portfolio management at capital market institutions and professional services firms.


