Riyadh – Sharikat Mubasher: Creative Zone, a UAE-based corporate services provider, has been acquired by Encor Group, a regional platform for corporate, trust, and fund services headquartered in Hong Kong.

According to a recent press release, the deal marks Encor’s second acquisition in three months, following its purchase of China’s OCS Group.

Backed by Asian private equity firm Nexus Point Capital, Encor’s move highlights growing interest in the GCC’s booming corporate services sector, where Creative Zone holds a leading position. The acquisition is set to boost Creative Zone’s expansion across the region, particularly in Saudi Arabia and Qatar, while connecting it to Encor’s Asian client base.

To date, Creative Zone has supported over 75,000 entrepreneurs with services ranging from company setup to tax and accounting. CEO Lorenzo Jooris will continue to lead the company and join Encor’s executive leadership team.

Arrow Capital acted as the exclusive advisor on the deal and participated as a minority equity investor. The transaction underlines increasing cross-border momentum in the Gulf’s business solutions space.