Business
Bidzi Launches in UAE, Transforming M&A Market for SMEs
In response to the rapid growth of the UAE’s small and medium-sized enterprise (SME) sector, Bidzi has officially launched its innovative platform, offering a streamlined and secure mergers and acquisitions (M&A) solution tailored to SMEs. The platform addresses significant gaps in traditional M&A services, simplifying the transaction process for this vital segment of the UAE economy.
As SMEs make up over 90% of businesses in the UAE and with the sector expected to reach 1 million SMEs by 2030, Bidzi’s entry comes at a pivotal time. M&A activity in the Middle East and North Africa (MENA) region reached $86 billion in 2023, reflecting a 4% increase from the previous year, driven by government initiatives like Dubai’s Economic Agenda D33 and Abu Dhabi’s Economic Vision 2030.
Bidzi's Innovative M&A Platform
Bidzi offers an all-in-one solution integrating business valuations, marketing, buyer matching, due diligence, legal support, and secure closings through trusted escrow services—all within a single, user-friendly interface. By consolidating these services, the platform reduces high costs and fragmented service models traditionally associated with M&A transactions.
“Our mission is to make M&A accessible and efficient for SMEs, which are essential to the UAE’s economic growth,” said Akshay Dosaj, Co-Founder and CEO of Bidzi. "We remove the complexities of M&A, providing a transparent, secure, and seamless experience."
The platform also incorporates advanced security features such as anonymous listings and KYC verification, offering a secure environment for both buyers and sellers. With comprehensive marketing materials and detailed business intelligence, Bidzi ensures that all parties have access to verified information, supporting informed decision-making. It also offers fully integrated legal support to manage document creation, negotiations, and the finalization of transactions.
Impact on the UAE's M&A Market
Bidzi’s launch is expected to make a significant impact on the UAE’s M&A market, particularly for SMEs. The platform aligns with the UAE's strategic goals for economic diversification and entrepreneurship, supporting a more efficient and inclusive M&A environment.
“Bidzi is committed to driving the next wave of business growth and investment in the UAE,” said Asif Rashid, Co-Founder and COO of Bidzi. “Our platform will play a crucial role in facilitating successful business transactions, contributing to the UAE’s ambitious economic goals.”
Bidzi’s entry into the UAE market marks a major advancement in M&A services, offering a user-centric, streamlined, and secure solution for SMEs as the UAE continues its economic diversification journey.