Monday, December 12, 2011

Israeli PE continues to grow

The latest Israeli Public Equity Report published by the IVC and Gross, Kleinhendler has been published.

Some key points:
  • In the first three quarters of 2011, $1.98 billion was invested in 45 Israeli private equity deals, an increase of 20 percent over in same period of 2010
  • The average deal size was $44 million,
  • In Q3 the software sector accounted for 22 percent of the deals, mostly reflecting the $307 million buyout of IT services provider Ness Technologies by Citi Venture Capital International and Riverwood Capital's $110 million buyout of SintecMedia, an enterprise applications company.

No comments:

Post a Comment