Clyde & Co advises Shrimp Nation on its strategic partnership with Olive Rock Partners

Clyde & Co has advised Shrimp Nation, a leading homegrown Saudi dining brand, and one of the fastest-growing seafood restaurant concepts in the Middle East, on its strategic partnership with private equity firm Olive Rock Partners (“Olive Rock”), marking a major milestone in its growth strategy. Olive Rock has acquired a 30% stake in the business, setting the stage for significant regional and global expansion.

This partnership marks a major step in Shrimp Nation’s evolution—from a standout local dining concept to a regional lifestyle brand. The investment will support the company’s expansion across the Kingdom of Saudi Arabia and into international markets, aligned with the region’s rising consumer demand and rapidly evolving food and beverage landscape.

Clyde & Co provided comprehensive legal counsel to Shrimp Nation throughout the transaction. The Clyde & Co team was led by partner Mohammed Almarzouki (Jeddah) and legal director Elie Mikhael (Riyadh), who were supported by associate Alanoud AlDakhil (Riyadh).

This partnership marks an exciting new chapter for Shrimp Nation,” said Mohammed Abualizz, Founder and CEO of Shrimp Nation. “Olive Rock’s investment in our brand is a strategic alliance that will enable us to scale with purpose. Saudi Arabia is a high-growth market with immense potential that aligns with our mission to become the region’s leading seafood dining destination. With Olive Rock’s expertise and support, we are confident to accelerate our expansion across the region and beyond, while redefining what modern seafood dining looks like in new markets. Our shared vision is to build a globally recognised, culturally rooted brand that resonates across borders.”