BlueFive Capital Acquires 49% stake in LeasePlan Emirates
- BlueFive Capital enters the UAE’s mobility market through the acquisition of a 49% stake in LeasePlan Emirates.
- The investment underscores the firm’s commitment to advancing transport and supporting the UAE’s economic diversification goals by creating a mobility platform that strengthens the UAE’s transport sector.
BlueFive Capital, a global alternative investment platform, announced today through its BlueFive Reef PE Fund I, the completion of its acquisition of a 49% stake in LeasePlan Emirates from Ayvens, a global leader in mobility solutions. Following the transaction, Solutions+, will continue to be the remaining shareholder with a 51% stake in the company.
LeasePlan Emirates is a leading mobility company in the UAE, operating a fleet of around 7,000 vehicles and providing leasing and fleet management solutions to corporates, government entities and private individuals across the country. This move accelerates Blue Five Capital’s entry into the vehicle leasing and fleet management market, with an established customer base, operational platform and regulatory licenses to rapidly scale and diversify its mobility solutions in the UAE.
Hazem Ben-Gacem, CEO of BlueFive Capital, said: “We are proud to have completed this deal and to join forces with Solutions+ in driving the UAE's mobility ecosystem forward. LeasePlan Emirates is a trusted and established partner in fleet management, and we plan to expedite its growth, improve the company's usage of technology, and initiate the provision of environment-friendly transport solutions.”
Nasir Al Nabhani, Managing Director of Solutions+, commented: “We are delighted to welcome BlueFive Capital as a strategic partner in LeasePlan Emirates. This collaboration marks a significant milestone in our journey to redefine mobility solutions in the UAE. By combining our local expertise with BlueFive Capital’s global perspective and commitment to innovation, we are poised to accelerate digital transformation, enhance operational excellence, and continue to expand our footprint across the region. Together, we will deliver greater value to our customers and contribute to the UAE’s vision for a dynamic, sustainable transport sector.”
Both organizations are now looking forward to harmonizing their operational best practices, dedicating resources to digital transformation, and scouting for expansion opportunities in the region.
About BlueFive Capital
BlueFive Capital is a global investment platform that today has $15 billion in AUM and targets opportunities in high-potential economies with the goal of transforming traditional financial models and fostering sustainable growth. Incorporated in Abu Dhabi Global Market and with offices in London, Manama, Abu Dhabi, Dubai, Muscat and Beijing, the firm offers private equity, real estate, infrastructure and financial products to private wealth, institutional and retail clients.
For more information, please visit www.bluefivecapital.com.
Contact: Ayesha Daya adaya@bluefivecapital.com +971 50 888 7356
About LeasePlan Emirates
LeasePlan Emirates is a leading mobility and car leasing company in the UAE since 2006. The company provides full-service leasing, fleet management and multi-mobility solutions to large (international) corporates, SMEs and private individuals. LeasePlan Emirates is held by Solutions+ and BlueFive Capital.
For more information, please visit www.leaseplan.com/en-ae
Contact: Barbra Willemse Barbra.Willemse@leaseplan.com +971 55 8009913
About Solutions+
As an agile, creative, and impactful partner, Solutions+ is a strategic shared services and advisory consultancy offering digital services, finance, human resources, procurement, customer services, sports and entertainment services, integrated facilities management, and net zero carbon emissions reporting for buildings.
Serving clients across key sectors in the UAE, the company cuts through complexity by moving with flexibility, introducing innovative thinking, creating synergies, and delivering solutions for tangible change. By setting the path of action for customized and quality results, the company enables its clients to focus on the success of their core business. For more information, please visit www.solutionsplus.ae
