Addleshaw Goddard Advises BlueFive Capital on Acquisition of 49% Stake in LeasePlan Emirates

Business

Addleshaw Goddard Advises BlueFive Capital on Acquisition of 49% Stake in LeasePlan Emirates

International law firm Addleshaw Goddard has advised BlueFive Capital on its acquisition of a 49 percent stake in Ayvens-owned LeasePlan Emirates, marking a significant step in the investment firm's strategy to expand its footprint in the UAE’s mobility, vehicle leasing, and fleet management sectors.

Under the transaction, Solutions+, a Mubadala company specialising in business process outsourcing and mobility solutions, will retain a majority 51 percent ownership stake in LeasePlan Emirates.

The acquisition represents another milestone in BlueFive Capital’s efforts to build a diversified regional mobility platform and follows its recent acquisition of a 49 percent stake in Massar Solutions. Together, the investments underscore the firm's long-term commitment to strengthening its presence across the Gulf region’s rapidly evolving transportation and mobility ecosystem.

Strengthening Presence in the Mobility Sector

LeasePlan Emirates is one of the UAE’s leading vehicle leasing and fleet management providers, operating a fleet of approximately 7,000 vehicles and serving a broad customer base that includes government entities, corporations, small and medium-sized enterprises, and individual customers.

Through the acquisition, BlueFive Capital gains access to an established platform with extensive operational capabilities, a strong customer network, and the regulatory framework necessary to support growth within the vehicle leasing and fleet management market.

The investment is expected to accelerate BlueFive Capital’s expansion into mobility services while supporting the continued development of innovative and sustainable transportation solutions in the UAE.

BlueFive Capital will work alongside Solutions+ to support LeasePlan Emirates’ future growth plans, digital transformation initiatives, and efforts to enhance customer-focused mobility solutions.

Legal Advisory Team

The transaction was led by Addleshaw Goddard partners Hardeep Plahe and James Whittam, supported by a multidisciplinary team across the firm’s offices in London, Dubai, Riyadh, Oman, and other international locations.

The core advisory team included Managing Associate Simi Somuyiwa and Associates McLean Wickham, Ryan Shanley, and Lorna Dean.

Growing Demand for Mobility Investments

Commenting on the transaction, Hardeep Plahe said investor interest continues to grow in businesses operating at the intersection of mobility, infrastructure, and technology.

“LeasePlan Emirates is a well-established market leader, and this transaction further reinforces BlueFive Capital’s commitment to building a diversified mobility platform across the region,” he said.

Plahe added that the transaction follows Addleshaw Goddard’s recent advisory role on BlueFive Capital’s acquisition of Massar Solutions, reflecting continued momentum in the regional mobility sector.

James Whittam noted that strategic investments in mobility businesses are playing an increasingly important role in shaping the future of transportation across the Gulf Cooperation Council (GCC) region.

“These strategic investments are helping shape the future of mobility across the GCC. By combining established operating platforms with long-term growth capital and industry expertise, businesses are well positioned to capture the opportunities emerging across the region’s transportation ecosystem,” he said.

Mobility Sector Growth

The acquisition comes amid increasing investment activity in the Middle East’s mobility and transportation sectors, driven by digital transformation, fleet optimisation, sustainability initiatives, and growing demand for flexible transportation solutions.

Industry analysts have highlighted vehicle leasing, fleet management, and mobility-as-a-service solutions as key growth areas across the region, supported by government-led infrastructure development and evolving consumer mobility preferences.

With its latest acquisition, BlueFive Capital continues to strengthen its position in the UAE mobility market while expanding its portfolio of transportation-related investments designed to support long-term regional growth.