Multiply Group PJSC
Overview
Multiply Group PJSC, established in 2003 and listed on the Abu Dhabi Securities Exchange in December 2021, is an Abu Dhabi-based investment holding company. The company operates through two distinct arms: Multiply, focusing on long-term strategic verticals such as Mobility, Energy & Utilities, Media & Communications, Wellness & Beauty, and Retail & Apparel; and Multiply+, which extends its global reach by investing across sectors and asset classes to unlock returns through disciplined capital allocation. Multiply Group has made significant investments, including a 67.91% stake in Castellano Investments S.À R.L., owner of Spanish fashion retailer Tendam, marking its first major investment in the retail and apparel sector. The company has also invested AED 367 million in Breakwater Energy, a diversified global upstream portfolio, and AED 10 billion in a 7.3% stake in the Abu Dhabi National Energy Company PJSC (TAQA). As of June 30, 2025, Multiply Group's assets under management stood at AED 43 billion, with a revenue of AED 2.03 billion and an adjusted EBITDA of AED 1.8 billion. The company's portfolio spans various industries, including technology, energy, utilities, media, communications, wellness, beauty, retail, apparel, mobility, infrastructure, healthcare, education, consumer goods, and financial services. Multiply Group's investment approach encompasses multiple stages, from seed and early-stage investments to growth, late-stage, pre-IPO, buyout, turnaround, and distressed situations, with investment sizes ranging from $100 million to $1 billion.
Investment Focus
- Strong growth potential
- Sustainable value creation
- Alignment with strategic verticals
- Disciplined capital allocation
- Operational efficiency
- Digital transformation
- Global expansion opportunities
- Diversification across sectors and asset classes
- Focus on cash-generating businesses
- Commitment to ESG principles
- Experience in managing large-scale investments
- Ability to integrate operations across verticals
- Expertise in various industries
- Capacity to manage investments across multiple stages
- Interest in both minority and majority stakes
- Willingness to invest in both developed and emerging markets
- Focus on long-term value creation
- Alignment with UAE's economic diversification goals
- Interest in both public and private market investments
- Capacity to manage a diverse portfolio
Portfolio Companies
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Frequently asked questions about Multiply Group PJSC
What sectors does Multiply Group PJSC invest in?
Multiply Group PJSC invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Infrastructure, and is based in Abu Dhabi, United Arab Emirates. Multiply Group PJSC is listed as a private investment firm in the ConnectSafely investor database.
What stage does Multiply Group PJSC invest at?
Multiply Group PJSC backs companies at Seed, Early Stage, Series A, Series B, Growth and Late Stage, writing cheques of 100M - 1B.
Which regions does Multiply Group PJSC invest in?
Multiply Group PJSC invests across United States, United Kingdom, Germany, France, Italy and Denmark.
What companies has Multiply Group PJSC invested in?
Multiply Group PJSC's portfolio includes Emirates Driving Company, Tendam, Breakwater Energy, PAL Cooling Holding, Kalyon Enerji, Omorfia Group, Firefly and Yieldmo.
Last updated · Source: ConnectSafely investor database
