Kuwait-based Beyout Investment Group (BIG) — which has subsidiaries in human resources (KRH) and real estate services (Real Estate House or REH) — is planning to float 30% of issued share capital on the Kuwait Stock Exchange next month.

KRH provides a product suite that caters to a range of industries, including defense contractors, telecoms, oil and gas, healthcare and construction. It has more than 500 employees and branches in Kuwait, Saudi Arabia, Qatar, UAE, Bahrain, Jordan and Iraq. According to BIG, KRH helps companies to manage a total of more than 8,000 employees.

REH’s real estate software solutions are focused on facility management, maintenance and customer service for both residential and commercial properties. It also provides real estate trading, marketing and brokerage services. 

Operating since 1991, BIG is a family business that also has interests in such sectors as oil and gas, civil construction and logistic support services.

“BIG dominates the Kuwaiti market, commanding an impressive 72% share of U.S. military contracts in Kuwait while also catering to a wide array of industries including civil construction, telecom, oil & gas, healthcare and automobile,” according to a press release from the company.

GIG said it had achieved an EBITDA margin of 30.4% over the past three years.

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