01 — The thesis
The thesis

The first AI-native audit roll-up in EMEA.

We're building the AI-native Big 4 — and Saudi is the moment. ZATCA e-invoicing, SOCPA reform, and Vision 2030 capital are converging into an audit super-cycle.

Amr Shady — Co-Founder & CEO · Founder of Tribal Credit ($180M raised, SoftBank / QED)
Karim Sobh — Co-Founder & CTO · ex-CTO Blnk, ex-IBM Systems Architect
Akram Alchammaa — Co-Founder & CIO (M&A) · ex-M&A at Mobily and STC Solutions
Accord Partners · DPI Nclude AIM · Cairo · 22 June 20261 / 5
02 — One flywheel
The growth engine

Capital. AI. Network.

Three engines that build on each other. Capital buys the firms; their work trains the AI; the AI frees capacity the network fills with new demand; that growth funds the next acquisition. Each turn makes the next one cheaper.

Capital
Buy 30–75% of established Saudi firms. The partner keeps signing.
AI
Every audit trains Accord OS. Margins 20% → 40%+.
Network
Freed capacity meets new demand. Profit funds the next deal.

An AI roll-up that gets stronger with scale, not heavier. No one in the region runs all three.

Accord Partners · DPI Nclude AIM · Cairo · 22 June 20262 / 5
03 — The structural opening
Automation opens a structural door

Automate the audit — and structural opportunities open up.

AI doesn't just cut cost-to-serve — it changes the speed, scale, and reach of what an audit firm can deliver. That lets SME platforms embed compliance at scale, with us as the SOCPA-licensed audit engine behind them.

34K
SMEs across two
platform partnerships
×
SAR 15K
avg audit &
compliance engagement
=
~$135M
gross revenue pool
(SAR 510M)

Two partnerships in motion — and a pipeline of 5+ more for 2026.

Accord Partners · DPI Nclude AIM · Cairo · 22 June 20263 / 5
04 — First closings
From thesis to operating platform

Two acquisitions closing now.

Our first Saudi audit firm, plus a back-office accounting team in Egypt to power delivery. Together they prove the full model end to end — structure, integration playbook, and the Egypt cost engine — in a single first close.

Saudi — audit firm
Established, SOCPA-licensed, recurring compliance revenue. The signing partner stays.
Egypt — back office
Delivery team at one-tenth Saudi cost. The capacity engine under every future deal.
Buy
2–3x normalized EBITDA
Expand
Margins +15–25 pts
Reinvest
Dividend → next deal
Accord Partners · DPI Nclude AIM · Cairo · 22 June 20264 / 5
05 — The snowball
Where this goes

Trust engineering is the snowball.

Every firm we acquire, every platform we serve, every audit we sign makes the next one easier to win. Trust is the hardest thing to build in this profession — and the moat we're already compounding.

~$98M
consolidated revenue
by year 5
→
~$1B
revenue within 10 years —
from Big 4 to Big 5

Find me after — or grab the team. We're in Cairo for two days.

Accord Partners · DPI Nclude AIM · Cairo · 22 June 20265 / 5