Doha, Qatar — Consulting HAUS has served as the exclusive sell-side advisor to Snoonu in its landmark acquisition by Saudi Arabia’s Jahez Group, positioning the Qatari super-app at a valuation exceeding QAR 1 billion. The transaction represents Qatar’s first billion-riyal tech exit and one of the largest private capital infusions in the country’s history.
The firm supported Snoonu end-to-end, from early business planning and operational readiness to deal structuring, due diligence coordination, and negotiations. Consulting HAUS worked alongside buy-side advisors, legal counsel, and auditors to ensure alignment across all stakeholders while safeguarding shareholder value and minimizing execution risk.
“We are proud to have served as Snoonu’s exclusive advisor in this landmark transaction, which underscores the critical role of professional advisory in enabling successful cross-border deals across the GCC,” said Laith Dajani, Managing Partner of Consulting HAUS. “This deal highlights Qatar’s emergence as a hub for tech innovation and sets a benchmark for the region.”
Consulting HAUS began its mandate nearly a year before closing, building a robust business plan and a disciplined transaction framework. This groundwork proved instrumental in streamlining negotiations, maintaining momentum, and delivering a precise, transparent, and strategically aligned outcome.
Hamad Al Hajri, CEO of Snoonu, said: “We value Consulting-HAUS’s expertise and professionalism, which were key to getting this deal over the line. Our agreement with Jahez brings new investment, values Snoonu at over QAR 1 billion, and marks the largest tech transaction in Qatar’s history. From Doha, we are accelerating toward regional leadership while staying rooted in Qatar’s values and talent.”
Backed by a leadership team with more than 100 years of combined experience, Consulting HAUS operates an integrated advisory model spanning corporate finance, capital markets, and transaction advisory across the GCC. Over the past seven years, the firm has delivered multiple landmark projects supporting economic development and diversification across the region.
Snoonu, founded in 2019, is Qatar’s leading consumer technology platform, offering food delivery, groceries, and last-mile logistics. The company has become a cornerstone of Qatar’s digital economy and a household name, now entering a new phase of regional expansion following the Jahez acquisition.
