BREAKING NEWS

Private equity deals nearly double

IVC Research Center research manager Marianna Shapira: There are 27 active Israeli private equity funds, with total managed capital of $6 billion.
In the third quarter, eight private equity (PE) deals were closed in Israel, with an aggregate deal value of $277 million. This is 90% more than the second quarter's aggregate value of $146 million, also from eight deals, and 54% higher than the $180 million reported for the 13 private equity deals in the corresponding quarter of 2009.
The figures are based on a study by Israel Venture Capital Research Center (IVC) and law firm Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co. (GKH), which sponsored the study.
The average deal value in the third quarter of 2010 was $35 million, 94% more than the $18 million in the second quarter.