West Palm Beach, Fla: Transworld Business Advisors (Transworld), the global leader in business brokerage, is excited to announce the expansion of its operations across the entire Gulf Cooperation Council (GCC) region. Building on its successful presence in the United Arab Emirates (UAE), Transworld GCC will soon extend its services to Saudi Arabia, Kuwait, Bahrain, Qatar, and Oman.
Transworld established its UAE presence in 2022 with an office in Dubai, enhancing its global reach by connecting with European and Asian networks. This strategic move into the broader GCC area demonstrates the company’s commitment to boosting economic growth in the region and delivering top-tier business advisory services, including franchise consulting and mergers and acquisitions.
The expansion into the wider GCC market was driven by the significant opportunities and unmet needs identified in neighboring countries. This growth strategy aligns with Transworld’s original vision of fostering a unified Gulf market for small and medium enterprise (SME) mergers and acquisitions.
Ahmad Ibrahim’s Vision
Ahmad Ibrahim, the master franchisor and president of Transworld GCC, brings over two decades of international development experience in the Oil & Gas sector to his role. His vision of creating a unified market for SME mergers and acquisitions within the GCC is central to Transworld’s growth strategy. As the managing partner of Shurooq Investment Capital and the founder of consultancy firm Pivot, Ibrahim’s leadership is pivotal in guiding Transworld GCC’s efforts to positively impact the business consulting landscape in the region.
"We recognized the untapped potential within the GCC to reshape the business consulting market," said Ibrahim. "Our goal is to help entrepreneurs assess business opportunities and assist business owners in maximizing their profits during sales. We aim to create a unified Gulf market for business transactions, enabling entrepreneurs and business owners to fully realize their potential."
Since its inception, Transworld’s Dubai office has grown from a small team to a significant player in the region, closing numerous deals and securing substantial middle-market clients. By February 2024, the company’s contracts exceeded 1 billion dirhams, with significant middle-market clients in the $50 million range.
Strategic Expansion Across the GCC
"The expansion into the GCC is a major milestone for Transworld Business Advisors," said Andy Cagnetta, CEO of Transworld. "We see tremendous potential to transform the business consulting industry across the region. Our comprehensive advisory services will play a crucial role in supporting economic growth and development. This expansion aligns with our mission to empower entrepreneurs and business owners with the tools they need to succeed."
Transworld GCC will target a range of industries in the region, with a particular emphasis on healthcare, private K-12 education, and oil & gas. The healthcare sector, transitioning from government to private providers, presents significant consolidation opportunities. Similarly, the private K-12 education market in the UAE has seen considerable consolidation, a trend likely to extend to other GCC nations. Leveraging Ahmad Ibrahim’s extensive background in the oil & gas industry, Transworld GCC is establishing a dedicated group to serve this critical sector.
To maintain its competitive edge, Transworld GCC plans to utilize advanced technology to solidify its market position. The company intends to open a Riyadh office this year and expand its team to 60 members, including advisors, by the end of 2026, to support its operations across the GCC.
"This expansion into the entire GCC region reinforces our commitment to franchise development and global expansion," said Bill Luce, President of Transworld Business Advisors. "By establishing a stronger presence in the GCC, we can provide our expertise in business advisory services to a market rich with opportunities, thereby supporting local entrepreneurs and business owners and contributing to economic growth in these underserved areas."
Transworld Business Advisors’ expansion into the GCC signifies a critical step in the company’s mission to revolutionize the business brokerage industry and drive economic development across the Gulf region.
