Abu Dhabi – Mubasher: International Holding Company (IHC) has acquired a 70% stake in Peko Holdings Limited, a technology-driven firm delivering an integrated digital platform that is designed to simplify and automate core business operations, according to a press release.
The takeover transaction aligns with IHC’s strategy of investing in category-defining platforms with strong governance, clear paths to scale, and the ability to generate long-term, sustainable value across global markets.
Peko, meanwhile, is actively integrating AI across its platform, including the introduction of an AI-powered assistant designed to automate routine tasks such as invoicing, expense management, forecasting, and administrative documentation, further enhancing value for customers.
The CEO of IHC, Syed Basar Shueb, said: “Peko represents the kind of scalable, future-ready platform we actively invest in, one that addresses real operational challenges for businesses while leveraging technology to unlock productivity and growth.”
Shueb added: “This acquisition strengthens our digital services portfolio and advances our strategy of building integrated value networks across high-growth sectors.”
The CEO concluded: “We see strong potential for Peko to scale regionally and globally, particularly as AI becomes increasingly embedded in enterprise operations.”
Peko platform enables efficient management of activities including bill payments, payroll, business travel, invoicing, corporate cards, compliance services, and a wide range of operational workflows, which all help businesses reduce operational friction, enhance productivity, and scale more efficiently.
The acquisition of Peko further strengthens IHC’s global portfolio and reinforces its commitment to backing businesses that enable economic participation, operational efficiency, and sustainable growth across diverse markets.
From his part, Kashif Khan, Founder and CEO of Peko, said: “Peko was built with a clear vision to empower businesses with a single, intelligent platform to manage their operations end to end. Partnering with IHC marks a defining moment in our journey.”
Khan noted: “With IHC’s scale, long-term perspective, and strategic support, we are well positioned to accelerate innovation, expand into new markets, and deliver greater value to SMEs worldwide.”
This transaction follows a series of strategic acquisitions and investments completed by IHC over the past six months, including Invictus Investment, Sammaan Capital, First Women Bank Limited, and its subsidiary Zelo. The investments underscore IHC’s active deployment of capital into high-growth, future-focused platforms across financial services, technology, and digital infrastructure.
Meanwhile, Peko is addressing the growing demand among SMEs and mid-market companies for seamless, automated infrastructure that replaces fragmented legacy systems. The platform is underpinned by recurring, subscription-based revenues, high customer retention, and strong scalability, positioning it as foundational digital infrastructure for the next generation of digital-first businesses.
It is worth mentioning that IHC generated revenue of AED 84.63 billion in the first nine months (9M) of 2025 as well as a net profit after tax of AED 19.50 billion.
