Private Equity deals in Israel down 50% in the first six months of 2013

July 15
9:53 PM 2013

In the first half of this year, seventeen Israeli private equity deals drew a total worth of around US$939 million. The number represents a reduction of 48% from US$1.8 billion earned in 26 deals in the same period of last year, according to the latest IVC quarterly report.

The biggest transaction recorded during the first half of this year was the buyout of tire producer Alliance Tire Company by Kohlberg Kravis Roberts, a US-based private equity fund, for around US$500 million. The average deal in the same period of this year was valued at aroud US$55 million. The deals in the first half of 2012 had an average of a little less than US$70 million.

Just in the past quarter this year, however, nine Israeli private equity deals were thought to be valued at about US$722 million. The first quarter of 2013 only registered around US$217 million worth of investments across eight deals. The average value for every transaction in the second quarter of this year was placed at around US$80 million, far better when compared to the US$27 million average value per transaction in the first quarter of 2013. 

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