Arieli EL, part of the Arieli group of companies, has acquired a 59.1% stake in Elron Ventures, a prominent cyber and B2B software holding company, for $53.2 million. This acquisition highlights the vast opportunities in Israel’s cybersecurity and defense sectors, positioning Arieli to capitalize on the country’s growing role as a global cybersecurity leader. The deal further underscores the importance of cybersecurity in a rapidly evolving threat landscape.
Elron Ventures manages over $250 million in assets and has a portfolio of more than 19 companies, primarily in cybersecurity, B2B software, and health-tech. Since 2010, Elron has had 15 successful exits totaling $2.2 billion, with notable companies like Cynerio and Cybersixgill leading innovation in their respective fields. The acquisition by Arieli EL is expected to enhance Elron’s ability to continue fostering growth in Israeli tech ventures.
Lisya Bahar-Manoah, Managing Partner at Arieli EL, highlighted the importance of closing the gap between real-time cyber solutions and evolving threats, citing global cybercrime statistics. With Israel being home to over 500 cybersecurity companies, she emphasized that the sector is poised for continued growth. Arieli EL’s collaboration with Elron and its joint venture with Rafael Advanced Defense Systems is expected to strengthen the Israeli cybersecurity ecosystem.
Elron Ventures’ Chairman, Dan Hoz, expressed enthusiasm for combining Arieli’s global network with Elron’s expertise in nurturing tech ventures. The partnership aims to build innovative solutions that address global security challenges while fostering sustainable growth. Together, they will work on developing advanced cybersecurity solutions and ensuring the success of portfolio companies through Arieli’s global platform.
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