Addleshaw Goddard advises BlueFive Capital on 49% acquisition of LeasePlan Emirates

Addleshaw Goddard advised BlueFive Capital on its acquisition of a 49% stake in LeasePlan Emirates from Ayvens. Solutions+, a Mubadala company and provider of business process outsourcing and mobility solutions, will retain the remaining 51% ownership stake in the UAE-based fleet management company. LeasePlan Emirates operates a fleet of approximately 7,000 vehicles, providing leasing and fleet management solutions to corporates, government entities, SMEs and private individuals across the UAE. The acquisition gives BlueFive Capital entry into the vehicle leasing and fleet management market through an established platform with an existing customer base, operational infrastructure and regulatory licences. The transaction follows BlueFive Capital’s recent acquisition of a 49% stake in Massar Solutions. Together, the two investments reflect a broader strategy to build a regional mobility platform across the UAE’s vehicle leasing and fleet management sectors. BlueFive Capital will work alongside Solutions+ to support LeasePlan Emirates’ continued growth, digital transformation and the development of more sustainable mobility solutions. Addleshaw Goddard represented BlueFive Capital with a team composed by: partners Hardeep Plahe (based in London) and James Whittam (based in the UAE), managing associate Simi Somuyiwa, and associates McLean Wickham, Ryan Shanley and Lorna Dean, drawing on the firm’s offices across London, Dubai, Riyadh and Oman.

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Addleshaw Goddard advises BlueFive Capital on 49% acquisition of LeasePlan Emirates

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Addleshaw Goddard advises BlueFive Capital on 49% acquisition of LeasePlan Emirates

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