Israeli Travel and Real Estate Co ISSTA Secures Major Investment
Categories: Corporate and M&A
ISSTA Group, a leading Israeli travel and real estate company, completed a private placement of shares and options to institutional investors, raising approximately USD 17.6 million (NIS 65 million). Upon full exercise of warrants, the company expects to raise an additional USD 24.9 million (NIS 92 million), boosting its capital base for ongoing operations and growth.
The offering drew interest from major Israeli institutional investors, including Clal Insurance, Mor Investment House, and Yellin Lapidot, signaling strong market confidence in ISSTA’s strategic direction and diversified portfolio.
S. Horowitz & Co. advised ISSTA throughout the process, with Capital Markets partners Amir Assali and Eden Halpert leading the transaction.
