Bidzi forays into the UAE to revolutionise M&A market for SMEs

GCC countries are actively working to diversify their economies and promote sustainable growth. Whether in Abu Dhabi, Riyadh or Doha, governments are fostering the development of small and medium-sized enterprises (SMEs) as a cornerstone of their economic future.

As the UAE’s SME sector experiences unprecedented expansion, Bidzi has unveiled its innovative platform designed to streamline the mergers and acquisitions (M&A) process for this vital segment of the economy.

“Our mission is to make the M&A process accessible and efficient for SMEs, which are crucial to the UAE’s economic vitality,” said Akshay Dosaj, co-founder and CEO of Bidzi.

“Bidzi’s platform removes the complexities and barriers traditionally associated with M&A transactions, providing a transparent, secure, and seamless experience that empowers businesses to make informed decisions.”

The all-in-one M&A solutions provider offers a comprehensive solution that simplifies and secures the transaction process, addressing significant gaps in traditional dealmaking services.

With the number of SMEs in the UAE expected to reach one million by 2030, Bidzi’s entry into the market is pivotal. SMEs constitute more than 90 per cent of businesses in the country.

Bidzi’s innovative approach

Bidzi is set to transform the M&A landscape with its platform that integrates a full suite of services into a single, user-friendly interface. The platform provides end-to-end solutions, including business valuations, marketing, buyer matching, due diligence, legal support and secure closings facilitated through trusted escrow services.

By consolidating these services, Bidzi addresses common challenges in the M&A process, such as high costs and fragmented service models, offering SMEs a comprehensive, streamlined, and cost-effective alternative.

“Bidzi is committed to driving the next wave of business growth and investment in the UAE,” Asif Rashid, co-founder and chief operating officer at Bidzi, added. “Our platform not only supports the SME sector but also aligns with the UAE’s strategic economic objectives, paving the way for a more efficient and inclusive M&A environment.”

Bidzi’s platform features a user-friendly design that simplifies the transaction process, ensuring a smooth experience from start to finish. With enhanced security measures, including anonymous listings and robust KYC verification, Bidzi safeguards both buyers and sellers.

The platform also offers comprehensive marketing materials and detailed business intelligence to support informed decision-making, addressing the critical need for verified information in the M&A process.

It stands apart from traditional commercial brokers and M&A advisors in the UAE by providing fully integrated, top-tier legal support for document creation, negotiation, and finalisation, ensuring transactions meet the highest standards of legal integrity.

An enabling environment

Bidzi’s launch is expected to significantly impact the UAE’s M&A market, particularly for SMEs. By aligning with national economic goals and addressing the specific needs of this growing sector, the platform is well-positioned to support the UAE’s vision for a thriving entrepreneurial ecosystem.

The UAE’s thriving economy is fueled by a vast network of SMEs, which account for over 90 per cent of its businesses. M&A activity in the MENA region reached a new high of $86bn in 2023, a 4 per cent increase from the previous year.

As investor interest grows and government initiatives like Dubai’s D33 and Abu Dhabi’s Economic Vision 2030 promote economic diversification, there is a rising demand for efficient, accessible M&A services specifically designed for SMEs.

Read: Why AI is the perfect business partner for UAE SMEs