A consortium of Israeli institutional financial investors including Klirmark Capital, Leumi Partners, Meitav Provident Funds and Pension, Mizrahi Tefahot Invest, Phoenix Financial Ltd. and a Large Family Office Investor, announced the acquisition of Gett from its current shareholders VNV, Access Industries and MCI Capital for $188 million. The new owners group consists of some of the largest and most experienced institutional investors in Israel with proven track record of investing in and fostering companies.
The new shareholders have expressed their interest in retaining Gett’s wider global teams and supporting the company in the long-term development of its strategy as a leading mobility platform in Israel and abroad.
Representative of the new owners: “We are excited to join forces with Gett. This acquisition reflects our confidence in the company’s innovative technology, growth potential and talented employees and management team. Together, we aim to expand services, deliver exceptional value for drivers and customers, and seize opportunities in the rapidly transforming transportation industry”
Per Brilioth, CEO of VNV: “We are proud to have supported Gett’s transformation and expansion. As the company transitions to a new era, we are confident it will build on its strong foundations and play a defining role in the future of mobility. Thank you to everyone at Gett: you have been amazing! It has been great to work with you all, good luck with everything and see you down the road!”
Matteo de Renzi, CEO of Gett: “We are delighted to begin this exciting new chapter for Gett alongside our new shareholders. As we look ahead, we remain confident in our strong operational foundation, cutting-edge technology advancements, and the exceptional talent across our organisation – all of which will power the next phase of growth”
Media contact:
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