GrowthGate Sells Stake in RSI

By Angela Sormani — 3 years ago

GrowthGate, a growth investment company operating in the GCC markets and the wider MENA region, has realised its investment in Roots Steel International with the signing of a definitive sale agreement. GrowthGate sold its minority stake in RSI to a consortium of majority shareholders realizing a return in excess of 3x.