Encor, the Hong Kong‑based investment funds and corporate services platform, has officially acquired UAE‑based Creative Zone, a leading company‑formation service provider in the Gulf region.
The deal aims to accelerate Encor’s regional expansion and strengthen cross‑border business opportunities in Gulf and Asian markets.
This is Encor’s second acquisition in three months, following its purchase of Shanghai’s OCS Group. Encor is majority‑backed by Nexus Point Capital, a premier Asian private equity firm.
Founded in 2010 in the UAE, Creative Zone has supported over 75,000 entrepreneurs and expanded into Saudi Arabia and Qatar.
Joining Encor is expected to fast‑track its growth in the GCC, leveraging Encor’s extensive Asian client network.
Commenting on the transaction, Lorenzo Jooris, CEO of Creative Zone (now on Encor’s Executive Leadership Team), said: “From day one, our mission has been to empower entrepreneurs from incorporation through global scale‑up. Joining Encor provides the speed and resources to fully realize this vision.”
Joe Wan, CEO of Encor, added: “This acquisition is a strategic milestone for Encor, expanding our geographic footprint in the Gulf and unlocking new cross‑border opportunities to drive long‑term sustainable growth.”
The next phase will focus on aligning systems and teams to ensure operational continuity, while furthering digital transformation through innovative smart tools that simplify entrepreneurs’ business journeys.
