M&A Deal Summary |
|
|---|---|
| Date | 2021-04-07 |
| Target | Zap Group |
| Sector | Internet Software and Services |
| Buyer(s) | Formula Systems |
| Sellers(s) | Apax |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1985 |
| Sector | Information Technology |
| Employees | 22,720 |
| Revenue | 2.8B USD (2024) |
Formula Systems is an IT global solutions provider, offers a wide range of IT solutions and services in over fifty countries. Formula, through its subsidiaries, provide quality IT solutions worldwide, developing and implementing innovative, proprietary software, services and solutions, turnkey projects and outsourcing services as well as software distribution and support. Formula Systems was founded in 1985 and is based in Or Yehuda, Israel.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| Country: Israel M&A | 3 of 3 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-19 |
Unique Software Industries
Jerusalem, Israel Unique Software Industries Ltd. is a software development and services company that provides integrated solutions in the field of payroll, including pay-stubs, pension services management, education funds management, and software solutions for managing employee attendance. Unique Software Industries is based in Jerusalem, Isreal. |
Buy | ₪61M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 77.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from $1 to $5 billion. Apax Partners was formed in 1981 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 151 of 173 |
| Sector: Internet Software and Services M&A | 11 of 16 |
| Type: Add-on Acquisition M&A Deals | 52 of 60 |
| Country: Israel M&A | 8 of 11 |
| Year: 2021 M&A | 5 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-05 |
Verint
Melville, New York, United States Verint is a provider of Actionable Intelligence solutions to clients. The company's portfolio of Enterprise Intelligence Solutions and Security Intelligence Solutions helps organizations Make Big Data Actionable through the ability to capture, analyze and act on large volumes of rich, complex, and often underused information sources such as voice, video, and unstructured text. Verint was founded in 1994 and is based in Melville, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-27 |
Guesty
Covina, California, United States Guesty provides professional hosts and property management companies with an end-to-end solution to automate and streamline the complex operational needs of managing flexible inventory. With Guesty, users can manage listings from multiple online travel agencies including Airbnb, Booking.com, Agoda, Vrbo, and TripAdvisor, and use the company's guest-centric communication, billing, and task management tools. Guesty was formed in 2013 and is based in Covina, California. |
Buy | - |
