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Category: News

The Expectation Gap in GCC M&A: Why Deals Break Before They Begin

Across global M&A markets, expectation gaps between buyers and sellers are common. In the GCC, they are different. And they are often decisive. Many mid-market transactions in the region do not fail because of financial performance, sector outlook, or access to capital. They fail much earlier—when buyer and seller expectations prove fundamentally irreconcilable. This is […]

Founder Succession Risk: The Silent Killer of Middle-Market M&A in the GCC

Across the Gulf, M&A activity has been rising, driven by economic diversification, ambitious national strategies, and unprecedented liquidity. Yet beneath the glossy investment headlines lies a structural challenge that quietly undermines a significant share of mid-market transactions. It is rarely discussed publicly, rarely quantified in valuations, and almost never acknowledged by sellers.   That challenge […]

TLA Advises Two Point Zero (formerly known as Multiply Group PJSC) subsidiary, Backlite Media LLC (UAE), on 100% acquisition of UK Digital OOH Operator London Lites Ltd

Dubai, UAE, 27 November 2025 – Tribonian Law Advisors (“TLA”) has advised Backlite Media LLC (UAE) (“Backlite”), on the 100% acquisition by its UK subsidiary, Multiply Media Group Limited’s (“MMG”) of London Lites Ltd, one of UK’s leading digital out-of-home operators renowned for its premium footprint and landmark large-format screens. MMG is the UK-based arm […]

TLA Advises Multiply Group’s subsidiary Emirates Driving Company PJSC (ADX: Drive) on its Agreement to Acquire Shares in Mwasalat Holdings LLC

Dubai, UAE, 9 July 2025 – Tribonian Law Advisors (“TLA”) has advised Emirates Driving Company (“EDC”) PJSC (ADX: DRIVE), a subsidiary of Multiply Group PJSC, on its agreement to acquire shares representing 22.5% of the share capital of Mwasalat Holdings LLC, subject to completion of certain conditions and receipt of relevant regulatory approvals, with an option […]

TLA Partnership with Istidama

TLA has formed a partnership with Istidama, a non-profit organization dedicated to sustainable development and crisis support across Lebanon. Through this partnership, we are actively supporting Istidama’s initiative, “Lebanon Crisis: Support for the Displaced,” by providing legal assistance, office space, volunteers and fundraising efforts to aid those affected. Together, we aim to make a meaningful […]