• Blue Five Capital acquires 100% of Wusoom Holding, marking a major bet on high-growth sectors across the GCC.
• The deal aligns with Blue Five’s strategy to scale regional champions through operational upgrades, tech adoption, and talent development.
• The fund plans more acquisitions across the Gulf, aiming to reshape traditional finance and back long-term, sustainable growth.

Blue Five Capital

What happened? Global alternative investment firm, Blue Five Capital, announced that its BlueFive Reef Private Equity Fund I acquired 100% of Wusoom Holding. 

This is in alignment with the fund’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 represents the backbone of the GCC’s key sectors, each with strong fundamentals and scalable potential.”

Who are they? Wusoom Holding is a diversified holding company with assets across high-growth sectors in the GCC.

 Meanwhile, Blue Five Capital, founded by Hazem Ben-Gacem, is a global investment platform that targets opportunities in high growth economies. Its goal is to transform traditional financial models and financing sustainable growth. 

What is next? Blue Five Capital aims to initiate integration efforts with a focus on operational enhancements. In addition, to technology adoption, and talent development across the Wusoom Holding portfolio. Furthermore, it is also anticipating acquisitions in the GCC in the coming months.

Bottom line: Blue Five Capital’s acquisition of Wusoom signals growing investor interest in mature, diversified assets across the Gulf’s key sectors. With this acquisition, it aims to strengthen its position across real estate, technology, hospitality, aviation, and industrial sectors.

The move reflects a broader trend of private equity firms targeting late-stage companies that stand to benefit from economic diversification and structural reforms across the region.