InCred Group Expands Global Reach with Arrow Capital Acquisition

InCred Group, a diversified financial services firm, has acquired Arrow Capital, enhancing its global capabilities. The acquisition, marked by Arrow's expertise in the Middle East and Africa, aims to bolster InCred's wealth management, investment banking, and asset management services, now managing assets worth over USD 2 billion.

InCred Group, a major player in diversified financial services, has announced its acquisition of Arrow Capital (DIFC) Limited, a prominent boutique financial services firm headquartered in Dubai. This strategic move intensifies InCred's expansion into global markets, notably enhancing its wealth management, investment banking, and asset management offerings.

Founded in 2016 and regulated by the DFSA, Arrow Capital has garnered a reputation as a trusted advisor for ultra-high net worth clients worldwide. The acquisition seeks to boost InCred's presence in the Middle East and Africa, regions pivotal to its growth strategy. With this integration, InCred Global Wealth now oversees assets exceeding USD 2 billion.

According to Bhupinder Singh, CEO of InCred Group, the acquisition represents a crucial milestone in the company's journey towards global leadership in financial services. Meanwhile, Arrow Capital's CEO, Rohit Nanani, highlighted the exciting synergy formed by combining InCred's innovation with Arrow's domain expertise, promising accelerated growth and exceptional client value.

(With inputs from agencies.)