IMAP is pleased to announce that Alpen Capital, its partner firm in the Middle East, advised Mwasalat Holdings on the sale of a 22.5% equity stake to Emirates Driving, a subsidiary of Multiply Group.

Mwasalat Holdings is a leading UAE-based integrated mobility services company, focused on transforming public and private transport through innovation, safety, and customer-centric operations. With services covering public bus systems, taxi fleets, school and corporate transport, Mwasalat plays a strategic role in delivering smart, inclusive and sustainable mobility solutions across the UAE.