Fortissimo buys MGAR group for NIS 240m
Fortissimo buys MGAR group for NIS 240m The MGAR group is a major provider of services to municipalities in Israel, with parking payment app Cellopark among its companies. Sources inform "Globes" that, two weeks ago, private equity firm Fortissimo, headed by Yuval Cohen, completed the acquisition of the MGAR group from ATE, which belongs to the heirs of Dan David and its founder Eliyahu Houri, for NIS 240 million. "Globes" reported the negotiations on the deal a few months ago. MGAR provides mu...
Nur Macroprinters Yuval Cohen Dan David Priority Software Shikun Binui Holdings Ltd Dan David Foundation
Source: globes.co.il