Reef Private Markets Fund I LP Acquires Wusoom Holding (Formerly known as Sinyar Enterprises – Sole Proprietorship L.L.C.)

Issued by FundRock Investment Management Services (ME) Ltd

BlueFive Capital today announced that Reef Private Markets Fund I LP, a fund regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and managed by FundRock Investment Management Services (ME) Ltd, has successfully acquired 100% of Wusoom Holding, a holding company with assets across high-growth sectors in the GCC. This strategic acquisition marks a significant milestone in BlueFive Capital’s mission to drive value in the region’s most critical and promising sectors.

The Wusoom group has a diversified group of companies across the fast-growing real estate, technology, hospitality, aviation, and industrial sectors. BlueFive Capital will leverage its operational expertise and global network to accelerate growth, optimize efficiencies, and scale cross-sector collaborations across the newly acquired businesses.

The acquisition aligns with Reef Private Markets Fund I LP’s mandate to invest in later-stage private equity opportunities that benefit from the GCC’s economic diversification and long-term growth.

Hazem Ben-Gacem, founder and chief executive of BlueFive Capital, said: “The acquisition of Wusoom Holding is a transformative step for BlueFive Capital and our investors. Wusoom Holding represent the backbone of the GCC’s key sectors, each with strong fundamentals and scalable potential. We will aim to continue to invest in these businesses and cultivate solid local champions and global leaders.”

BlueFive Capital will initiate integration efforts, focusing on operational enhancements, technology adoption, and talent development across the Wusoom Holding portfolio. Further acquisitions in the GCC are anticipated in the coming months.

This communication is issued by FundRock (Middle East) Ltd., a firm regulated by the Financial Services Regulatory Authority of ADGM. This announcement is for informational purposes only and does not constitute an offer to the public or a solicitation to invest. All investments are subject to risk and suitable only for qualified professional investors.