News

News

March 10, 2010

The Viola Private Equity Fund acquired approximately 20% of Orad Hi-Tec Systems (Frankfurt: OHT) for $5.9M, thereby becoming the largest shareholder of the Company. The Fund acquired its shares from the investment company, Lehman Brothers. With this share purchase, and subject to the approval of the Orad’s Board of Directors and General Shareholders Meeting, Osnat Ronen, a partner at Viola Private Equity, is expected to join Orad’s Board of Directors

August 5, 2009

Viola Private Equity entered into a definitive agreement to invest $20 million in Aeronautics Ltd., a company specializing in the development and production of unmanned aerial vehicles (UAV), command and control systems, observation systems, and military electronics and communication systems. The remainder of the $25 million round (approximately $5 million) includes existing shareholders in the Company.

January 15, 2009

Viola Private Equity acquired approximately 23% of Amiad Filtration Systems (AIM: AFS) from Atorka Group hf, an investment firm, at an aggregate purchase price of approximately US$9 million.

April 27, 2010

Herzeliya, Israel, April 27th 2010 – Viola Private Equity Fund led a $15.5 million growth equity investment round in MobileAccess. Existing investors, including HarbourVest Partners, Pitango Venture Capital, Ziegler Meditech Equity Partners and Poalim Capital Markets, also participated in the financing round. With this investment, Sami Totah and Harel Beit-On, both partners at Viola Private Equity, joined MobileAccess Board of Directors. This is the forth investment of the Viola Private Equity Fund which manages $164 million. The Fund has previously invested in Amiad Filtration Systems, Aeronautics and Orad Hi-Tec Systems. With this latest investment, MobileAccess is well capitalized to accelerate its growth in the enterprise market, respond to evolving requirements across vertical markets and expand its international footprint.