M&A Deal Summary

Azrieli Acquires Buy2 Networks - Digital Commerce Platform

On May 3, 2016, Azrieli acquired software company Buy2 Networks - Digital Commerce Platform from Buy2 Networks for 17M USD

Acquisition Highlights
  • This is Azrieli’s 1st transaction in the Software sector.
  • This is Azrieli’s largest (disclosed) transaction.
  • This is Azrieli’s 2nd transaction in Israel.

M&A Deal Summary

Date 2016-05-03
Target Buy2 Networks - Digital Commerce Platform
Sector Software
Buyer(s) Azrieli
Sellers(s) Buy2 Networks
Deal Type Divestiture
Deal Value 17M USD

Target

Buy2 Networks - Digital Commerce Platform

Israel
Buy2 Networks Ltd. - Digital Commerce Platform is a provider of eCommerce software solutions.

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Buyer(S) 1

Buyer

Azrieli

Tel Aviv, Israel

Category Company
Founded 1983
Sector Real Estate
Employees435
Revenue 2.9B ILS (2023)
DESCRIPTION

Azrieli is a developer, constructor and management of shopping malls and office buildings. Azrieli was founded in 1983 and is based in Tel Aviv, Israel.


DEAL STATS #
Overall 2 of 3
Sector (Software) 1 of 1
Type (Divestiture) 2 of 2
Country (Israel) 2 of 2
Year (2016) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Netex New Media

Hod-Hasharon, Israel

Netex New Media Ltd. is a cloud based platform simplifies the process of finding websites.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-12 Compass Datacenters

Dallas, Texas, United States

Compass Datacenters is a data center developer. Compass Datacenters provides enterprises, service providers, and hyperscale customers with solutions that reflect a dramatic change from conventional alternatives like wholesale colocation or traditional construction build-to-suits. Compass Datacenters was established in 2011 and is based in Dallas, Texas.

Buy -

Seller(S) 1

SELLER

Buy2 Networks

Hod Hasharon, Israel

Category Company
Founded 1999
Sector Information Technology
Revenue 15M ILS (2015)
DESCRIPTION

Buy2 Networks is specialized in providing web technologies and solutions such as home and garden products, electrical products and electronics, fashion and beauty, pharmaceutical products, parent and child products, sport and camping products, etc. Buy2 also provides solutions for suppliers and sellers interested in selling on the group's sites, from marketing the products to the public, clearing services, and customer service, to logistics services which include storage of the products and management of their distribution to the customer's home within a short time. Buy2 Networks was formed in 1999 and is based in Hod Hasharon, Israel.


DEAL STATS #
Overall 2 of 2
Sector (Software) 1 of 1
Type (Divestiture) 2 of 2
Country (Israel) 2 of 2
Year (2016) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Netex New Media

Hod-Hasharon, Israel

Netex New Media Ltd. is a cloud based platform simplifies the process of finding websites.

Sell -