Poalim Investments Acquires 10% Stake in Arel Communications & Software

Arieli EL Acquires 59.14% Stake in Elron Ventures

September 4, 2024

Financial Services

Arieli EL, part of the Arieli family office, has completed a $53.2 million acquisition of a 59.14% controlling stake in Elron Ventures from Discount Investment Corporation Ltd. The deal gives Arieli EL control of Elron — a Tel Aviv–based venture/holding company with over $250 million AUM and a portfolio of cybersecurity, B2B software and health-tech companies — and includes Elron’s 50% interest in Rafael Development Corporation, a JV with Rafael Advanced Defense Systems.

Software Mind (Ailleron Group) Acquires Prosoft LLC (number8)

March 21, 2024

Software

Software Mind, part of the Ailleron Group, has acquired 100% of Prosoft LLC — owner of the number8 brand — for approximately $40.6 million, financed with company cash and a BNP Paribas loan. The acquisition adds ~330 IT specialists and strengthens Software Mind's presence and revenue exposure in the United States and the Americas, broadening its nearshore/onshore delivery capabilities.

MML Invests in Arηs Group

June 1, 2023

IT Services

MML Partnership Capital has invested in Arηs Group, a Luxembourg-headquartered IT services firm focused on the Benelux and European institutions markets. The transaction brings Arηs into MML's Partnership Capital portfolio to support the company's international expansion and further capability development, with the co-founders and key employees reinvesting alongside MML.

Ardian Invests in Odealim; TA Associates Reinvests as Co-Controlling Shareholder

June 1, 2022

Insurance

Ardian has signed an agreement to become a co-controlling shareholder of Odealim, joining TA Associates which will reinvest alongside Raise Investissement and the management team. The investment will support Odealim’s next growth phase—accelerating organic growth, geographic expansion across France and further M&A-driven consolidation of its real-estate insurance and mortgage-brokerage businesses.

Pale Fire Capital Acquires Majority Stake in Arpem (Spanish Insurance Comparator)

February 7, 2022

Insurance

Czech investment group Pale Fire Capital has acquired an 83% majority stake in Arpem Networks S.L., the Madrid-based online insurance comparison platform Arpem. The investment positions Pale Fire Capital to expand its portfolio into the Spanish market and support Arpem's IT development, product growth and recruitment to accelerate the platform's development.

SDC Capital Partners Acquires 48% Stake in ALLO Communications

October 15, 2020

Telecommunications

Funds managed by SDC Capital Partners have acquired a 48% interest in ALLO Communications, with Nelnet retaining a 45% stake and ALLO management holding 7%. The investment provides capital and new third‑party debt financing to support ALLO's expansion of its all‑fiber network across additional Midwestern communities.