Author: Nicole Levy

Posted on , updated on by Nicole Levy

Israel-based investment firm Bareket Capital will provide approximately USD 312 million (NIS 1.15 billion) in financing to 203 landowners for the development of Plot 105 in Tel Aviv’s landmark Sde Dov redevelopment. The project, located on the site of the city’s former beachfront airport, will feature 372 residential units, 66 hotel units, and commercial space, […]

Posted on , updated on by Nicole Levy

The founders of Israel-based e-commerce leader K.S.P Group (P.S.D.S Enterprises Ltd.), Yaakov Frilok and Ze’ev Surkin, sold 30% of their holdings to three of the country’s top institutional investors—Altshuler Shaham, Migdal, and Mor—in a deal valued at approximately USD 230 million. K.S.P, one of Israel’s largest online and retail technology and electronics chains, continues to […]

Posted on , updated on by Nicole Levy

Sapiens International Corporation, a leading Israel-based provider of software solutions for the global insurance industry, agreed to a USD 2.5 billion all-cash acquisition by US-based private equity firm Advent International. The deal, unanimously approved by Sapiens’ board, offers USD 43.50 per share—representing a 47.5% premium—and will be financed through USD 1.3 billion in committed equity […]

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