Affinity Partners and Other Investors Acquire Remaining Phoenix Financial Shares from Centerbridge and Gallatin Point
January 20, 2025
Phoenix Financial Ltd. announced that former controlling shareholders Centerbridge Partners and Gallatin Point Capital sold their remaining Phoenix shareholdings to a group of international investors and Israeli institutions. US-based private equity firm Affinity Partners acquired nearly 10% of Phoenix, completing the clearing of supply from the exiting shareholders and further diversifying the company's shareholder base.
- Buyers
- Affinity Partners
- Targets
- Phoenix Financial Ltd.
- Sellers
- Centerbridge Partners, Gallatin Point Capital
- Industry
- Financial Services
- Location
- Israel
- Transaction Type
- Divestiture
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