BlueFive Capital Makes a Splash with Landmark Acquisition in the UAE
BlueFive Capital, founded and led by Tunisian investor Hazem Ben-Gacem, has just signed a resounding acquisition deal in the United Arab Emirates. The company has announced the 100% acquisition of Wusoom Holding, one of the most reputed conglomerates in the country, formerly known as Sinyar Enterprises. Present through several subsidiaries, Wusoom is active in various strategic sectors of the Gulf economies, including consumer goods, real estate, and industry, and remains positioned in markets considered among the most dynamic in the GCC.
This operation, structured through the BlueFive Reef PE Fund I, marks a new milestone for the company. Barely finalized, it opens the way to an ambitious value creation program that aims to go beyond the borders of the UAE and the Gulf Cooperation Council to target new global territories often deemed inaccessible.
For the MENA private equity sector, this operation confirms a dynamic of mega-transactions in a context where family conglomerates and regional champions are seeking new growth margins and internationalization.
"Talented, audacious, and humble": in a few words, Hazem summarizes the BlueFive Capital philosophy.