BlueFive Capital, an alternative investment firm, has acquired a 49% stake in LeasePlan Emirates, marking its strategic entry into the UAE’s vehicle leasing and fleet management sector. The deal was made with global mobility company Ayvens, leaving Mubadala-backed Solutions+ with the majority 51% share.
Quick Facts
- BlueFive Capital acquired a 49% minority stake.
- Solutions+, a Mubadala firm, retains 51% majority ownership.
- LeasePlan Emirates manages a fleet of around 7,000 vehicles.
A Strategic Partnership to Drive Growth
The acquisition establishes a new partnership between BlueFive Capital and Solutions+, aiming to scale one of the UAE’s established fleet management operators. While Solutions+ maintains majority control, BlueFive Capital brings a fresh injection of capital and a global perspective to accelerate the company’s growth trajectory.
“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,” said Hazem Ben-Gacem, CEO of BlueFive Capital.
The collaboration is designed to leverage the local market expertise of Solutions+ with BlueFive Capital’s investment strategy, which focuses on infrastructure development and economic transformation.
“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,” commented Nasir Al Nabhani, Managing Director of Solutions+.
Tapping Into the UAE’s Expanding Mobility Sector
This deal highlights increasing investor appetite for mobility infrastructure in the UAE, a sector benefiting from the nation’s economic diversification efforts. LeasePlan Emirates provides BlueFive Capital with an immediate and stable foothold, complete with an existing operational platform, a diverse customer base spanning corporate and government entities, and an established regulatory framework. The transaction underscores the growing role of private capital in scaling mobility businesses that serve both public and private transportation needs across the country.
Tech and Sustainability on the Roadmap
The new partnership is set to focus heavily on technology integration and sustainable transport. BlueFive Capital has explicitly stated its intention to help LeasePlan Emirates adopt new technologies to improve operational efficiency and introduce environmentally friendly mobility options. This focus aligns with broader trends in the regional mobility market, where operators are increasingly investing in digital capabilities and green transportation to meet evolving customer demands. Future growth for LeasePlan Emirates will likely center on these two key areas, with potential for regional expansion as demand for managed fleet services grows across the Gulf.
About BlueFive Capital
BlueFive Capital is an alternative investment platform that focuses on investing in sectors linked to economic transformation and infrastructure development.
About LeasePlan Emirates
LeasePlan Emirates is a UAE-based vehicle leasing and fleet management company. It manages a fleet of approximately 7,000 vehicles, providing services to businesses, public sector entities, and private customers across the Emirates.
Source: Waya
