CE-Ventures, the corporate venture capital arm of Crescent Enterprises, has announced the successful divestment of its equity stake in Transcorp, a UAE-based logistics and fulfilment company. The strategic sale to Elite Co, a leading regional operator supported by Green Dome Investments, has yielded a remarkable 7.6x multiple on invested capital (MOIC), marking one of the most lucrative exits in the region across all sectors. CE-Ventures initially invested in Transcorp in 2018, playing a pivotal role in transforming the company into a dominant player in cold-chain fulfilment, last-mile delivery, and B2B distribution. Over the years, CE-Ventures collaborated closely with Transcorp’s leadership to institutionalise governance, enhance internal systems, and unlock strategic growth opportunities. Tushar Singhvi, Deputy CEO & Head of Investments at Crescent Enterprises, expressed pride in supporting Transcorp’s evolution into a scalable, institutional-grade logistics company. Rodrigue Nacouzi, CEO and founder of Transcorp, praised CE-Ventures as a strategic partner that contributed significantly to the company’s growth. Sudarshan Pareek, Senior Vice President at CE-Ventures, highlighted the firm’s philosophy of backing mission-driven founders in sectors where operational excellence is key. Hisham Albahar, CEO of Elite Co, emphasised Transcorp’s market-leading position in cold-chain logistics and its strategic importance in Elite Co’s regional expansion. This transaction underscores Crescent Enterprises’ strategy of fostering resilient, high-impact businesses while driving sector consolidation. It also aligns with Elite Co’s broader expansion plans under Green Dome Investments, which aims to consolidate logistics and supply chain assets across the GCC.