Bluefive Capital Acquires 49% stake in LeasePlan Emirates>

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 sustainable mobility. 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, an...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 sustainable mobility. 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, an...{}