• NOMW Capital, a CMA-licensed Saudi investment firm, has acquired a majority stake in MRSOOL, an on-demand delivery platform in the Kingdom, for an unknown value.
• The acquisition aims to accelerate MRSOOL’s growth by enhancing its tech and logistics capabilities, supporting market expansion, and preparing the company for a potential IPO on Tadawul.
• The deal aligns with NOMW Capital’s strategy to drive Saudi Arabia’s digital transformation by empowering local tech firms to scale and compete regionally and internationally.

Press release:

NOMW Capital, a leading Saudi investment firm licensed by the Capital Market Authority (CMA), has announced the acquisition of a majority stake in MRSOOL, one of the Kingdom’s most prominent on-demand delivery platforms.

This strategic acquisition completes an important phase in NOMW Capital’s broader vision to support Saudi Arabia’s digital economy and accelerate the growth of innovative tech companies with potential for public listing. The deal is aimed at enabling MRSOOL to strengthen its technological and logistics infrastructure, expand across new markets within the Kingdom, and bolster its readiness for a future listing on the Saudi Exchange (Tadawul).

The investment is also expected to unlock fresh opportunities for partnerships and capital inflows, positioning MRSOOL to play a leading role in the transformation of the Kingdom’s last-mile delivery and logistics landscape.

Established in 2014, NOMW Capital operates with a capital of SAR 50 million and has managed investment projects valued at over SAR 3 billion to date. The firm continues to focus on empowering local tech ventures to scale competitively at both regional and global levels.