Tel Aviv - Delayed Quote ILA

Elron Ventures Ltd (ELRN.TA)

427.00

+3.60

+(0.85%)

As of 12:09:31 PM GMT+3. Market Open.

Elron Ventures Exits Cyber Company IronScales Through Secondary Sale to PSG Equity at Approximately $340 Million Valuation

Elron Ventures (TASE: ELRN), a global cybersecurity and B2B software investment company, announced today a secondary sale of its shares in cyber portfolio company IronScales. PSG Equity (PSG) acquired the shares at a company valuation of approximately $340 million, reflecting a 23x return on Elron's original investment, which was made together with Rafael Development Corporation (RDC). The IronScales secondary transaction coincides with the recent acquisition of Cybersixgill by BitSight, a globa

PR Newswire 4 months ago

ELRNF
Arieli EL Completes Acquisition of Majority Stake in Elron Ventures, a Leading Cybersecurity and B2B Software Holding Company

Arieli EL, part of the Arieli group of companies, announced today the closing of its $53.2 million acquisition of a 59.14% controlling stake in Elron Ventures (TASE: ELRN) from Discount Investment Corporation Ltd. The acquisition of Elron Ventures (Elron) includes a 50% stake in Rafael Development Corporation (RDC), a joint venture with Rafael Advanced Defense Systems (Rafael), a leading global defense company. The acquisition highlights Arieli's continued commitment to advancing solutions that

PR Newswire 7 months ago

ELRNF
Arieli EL to Acquires a 59.1% Stake in Elron Ventures, a Leading Cybersecurity and B2B Software Holding Company, for $53.2M

Arieli EL, part of the Arieli group of companies, has today announced the acquisition of a 59.1% stake in veteran cyber and B2B software holding company Elron Ventures (TASE: ELRN) for $53.2 million from Discount Investment Corporation Ltd. This acquisition highlights the significant market opportunities within the Israeli ecosystem, especially in cybersecurity and defense. Lisya Bahar-Manoah, Managing Partner at Arieli EL, is leading the acquisition of Elron Ventures (Elron).

PR Newswire 8 months ago

ELRNF

Performance Overview

Return	ELRN.TA	TA-125 (^TA125.TA)
YTD	+4.25%	+4.77%
1-Year	-16.68%	+32.71%
3-Year	-63.82%	0.00%

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Elron Ventures Ltd (ELRN.TA)

Elron Ventures Exits Cyber Company IronScales Through Secondary Sale to PSG Equity at Approximately $340 Million Valuation

Arieli EL Completes Acquisition of Majority Stake in Elron Ventures, a Leading Cybersecurity and B2B Software Holding Company

Arieli EL to Acquires a 59.1% Stake in Elron Ventures, a Leading Cybersecurity and B2B Software Holding Company, for $53.2M

Performance Overview