Investment Summary

FIMI Opportunity Funds Invests In Ashot Ashkelon Industries

On October 21, 2021, private equity firm FIMI Opportunity Funds invested in aerospace company Ashot Ashkelon Industries from Elbit Systems

Investment Highlights
  • This is FIMI Opportunity Funds’ 3rd transaction in the Aerospace sector.
  • This is FIMI Opportunity Funds’ 19th transaction in Israel.

Investment Summary

Date 2021-10-21
Target Ashot Ashkelon Industries
Sector Aerospace
Investor(s) FIMI Opportunity Funds
Sellers(s) Elbit Systems
Deal Type Stake Purchase

Target

Ashot Ashkelon Industries

Ashkelon, Israel
Ashot Ashkelon manufactures and sells aerospace and defense systems and components. Ashot Ashkelon Industries products include engine shafts and rotating parts, high-lift system components such as universal joints, transmissions, gearboxes, lever bearing arms, and rotary actuation shafts, landing gear components for turboprop and business jets, electro-mechanical assemblies, gear-based products and tungsten components used to balance weights in aircraft wings, fuselage, stabilizers, rotors, propellers, and aerospace instruments. Ashot Ashkelon Industries was founded in 1970 and is based in Ashkelon, Israel.

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Investor(S) 1

Investor

FIMI Opportunity Funds

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 7.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

FIMI Opportunity Funds is a private equity firm that usually looks for Israeli and Israeli-related companies that are mature, have significant revenue and run a profitable operation. FIMI invests in companies with significant growth potential and tangible growth engines. FIMI seeks companies with a solid and highly motivated management team in place. FIMI Opportunity Funds was formed in 1996 and is headquartered in Tel Aviv.


DEAL STATS #
Overall 21 of 23
Sector: Aerospace M&A 3 of 3
Type: Stake Purchase M&A Deals 13 of 15
Country: Israel M&A 19 of 21
Year: 2021 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-20 Gal‑Shvav Group

Yavne, Israel

Gal‑Shvav Group is a manufacturer of advanced systems for the hi-tech industry. Gal‑Shvav Group offers solutions and services in a variety of industrial fields, including medical, military, semi-conductor, printing, solar, and security. The company has extensive knowledge and experience in product development, focusing on mechanics, optics, motion control, production, and assembly of complex and technologically advanced systems. Gal‑Shvav Group was founded in 1990 and is based in Yavne, Israel.

Buy $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-12 Amal and Beyond Group

Or Akiva, Israel

Amal and Beyond Group is a private nursing, rehabilitation and care company. Amal and Beyond Group includes a variety of advanced services in the fields of home care, senior housing, mental health, special education, foster care and more nationwide while operating according to the highest standards in the economy. Amal and Beyond Group was founded in 1995 and is based in Or Akiva, Israel.

Buy -

Seller(S) 1

SELLER

Elbit Systems

Haifa, Israel

Category Company
Founded 1966
Sector Electronics
Employees19,000
Revenue 6.8B USD (2024)
DESCRIPTION

Elbit Systems is a defense electronics company, engages in the design, development, manufacture, and integration of defense electronic systems and products worldwide. Elbit Systems was founded in 1966 and is headquartered in Haifa, Israel.


DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 BAE Systems Rokar International

Haifa, Israel

BAE Systems Rokar International specializes in the development, manufacture, integration, and support of high-end GPS receivers and guidance systems for advanced defense applications. BAE Systems Rokar International was founded in 1981 and is based in Haifa, Israel.

Buy $31M