Is Bidzi the Game-Changer for SME M&A in the UAE?

So, have you heard about Bidzi? It's this exciting new platform that's just launched to revolutionise the M&A process, especially for SMEs here in the UAE. Given that SMEs make up more than 90 percent of businesses in the country and are expected to hit 1 million by 2030, Bidzi’s timing couldn’t be better.

Here’s the deal: M&A activity in the MENA region hit US$86 billion in 2023, which was a 4 percent increase from the year before. With all the economic activity and government plans like Dubai’s Economic Agenda D33 and Abu Dhabi’s Economic Vision 2030, there’s a real need for a more efficient M&A process that’s easy to access and tailored to SMEs.

Bidzi is stepping up to fill that gap with its all-in-one platform. Imagine a tool that brings everything you need for an M&A transaction into one place. It handles business valuations, marketing, finding buyers, due diligence, legal support, and secure closings, all through trusted escrow services. By putting all these services together, Bidzi makes the M&A process simpler and more affordable, tackling issues like high costs and fragmented services.

Akshay Dosaj, the Co-Founder and CEO of Bidzi, puts it well: “Our mission is to make the M&A process accessible and efficient for SMEs, which are crucial to the UAE’s economic vitality.” Bidzi is all about removing the traditional complexities and barriers of M&A transactions, making the experience transparent, secure, and smooth.

The platform also stands out because it’s designed to be user-friendly. It features anonymous listings and robust KYC verification to keep both buyers and sellers safe. Plus, it provides detailed business intelligence and marketing materials to help users make informed decisions. And unlike traditional brokers and M&A advisors, Bidzi offers integrated legal support for document creation, negotiation, and finalisation, ensuring everything is up to the highest legal standards.

Looking ahead, Bidzi is set to make a big impact on the UAE’s M&A market. It aligns well with the country’s economic goals and supports the growing SME sector, which is crucial for the UAE’s economic growth. As Asif Rashid, Co-Founder and COO at Bidzi, says, “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.”

In short, Bidzi is bringing a much-needed upgrade to the M&A process for SMEs, helping businesses navigate transactions more smoothly and supporting the UAE’s broader economic ambitions.