Published On:
Sun, May 31st, 2015
Apax Partners buying Israeli Zap Group
Private equity firm Apax Partners is paying NIS 140-150 million for the Israeli consumer website group.
Zap Group, which owns consumer information and price comparison websites in Israel such as Zap, Yellow Pages, and Rest, has finally found a new owner. The Apax Partners private equity firm, headed in Israel by Zehavit Cohen, is buying Zap Group for $532- 570 million. Several possible buyers for Zap Group have been mentioned over the past year, among them Axel Springer (which bought Israeli classified sales site Yad2), and FIMI. … [READ MORE]
Published by Globes [online], Israel business news – www.globes-online.com
Read more about: APAX AND PARTNERS, Apax Partners, Business/Finance, Israel, M&A, Zap Group