More money flowed into fewer companies in 2011 than in 2010 in Israel’s PE market, as investors did fewer but with larger transaction sizes. to the latest release from the IVC, 60 Israeli private equity deals attracted USD2.88 billion, an 18 percent increase from USD2.44 billion attracted by 65 deals in 2010.
Ten deals that were greater than USD100 million accounted for USD2.15 billion, or 75 percent of the total. Cleantech led all sectors, accounting for 33 percent of value. Software accounted for 29 percent of deal activity. And the Infrastructure sector accounted for 11.
Rick Mann, Managing Partner of GKH, which sponsors the report, said in the statement, “In 2011, we saw the continuation of two trends in the Israeli private equity market.
The first was the growing role of local private equity funds in small and medium size deals, but the dominance of foreign private equity funds in large deals. The second was the attractiveness of Israeli technology-driven businesses to foreign private equity investors. The latter was particularly evident in the cleantech, software and Internet-related fields. I would expect these trends to continue in 2012.” (Image source: IVC Research Center)