FIMI sells controlling stake in G1 Security Solutions for NIS 200m
Categories: Corporate and M&A
FIMI Opportunity Funds has sold a 50.2% stake in G1 Security Solutions to Universal Motors Israel (UMI) for NIS 200 million.
This marks the third significant deal for FIMI in the last two weeks, following the recently announced sale of up to 20% of the share capital of Amal Holdings to Poalim Equity and the NIS 360 million sale of 45% of the share capital of Galam, which also included a NIS 100 million investment, to several institutional investors.
Naschitz Brandes Amir advised FIMI, with the team headed by senior partner and head of M&A, Sharon Amir and partner Einat Rosu.
