STRATEGY
Our acquisition strategy is to identify and complete a business combination with respect to an untapped opportunity within our target Israeli high-tech industry and offer a public-ready business, a facility through which to enter the public sphere, access capital markets and advance its priorities. We intend to focus on Israel-related technology companies that have a proven model of commercial success and a track record in generating and growing revenues, and, in some cases, profits. We will also seek to identify companies that are developing disruptive technology, which show very strong market potential. We believe that we are uniquely positioned to leverage our sponsor’s, affiliates’ and management team’s successful track record growing Israeli technology companies into large, successful publicly-traded entities, and their deep network of relationships in Israel. We intend to utilize our sponsor’s expertise and its proven deal-sourcing capabilities to provide us with a strong pipeline of potential targets.
We believe that our management team’s and directors’ experiences in evaluating assets through investing and company building will enable us to source the highest quality targets. Our selection process will leverage the relationships of our management team with industry captains, leading venture capitalists, private equity and hedge fund managers, respected peers, and a network of investment banking executives, attorneys, and accountants. Together with this network of trusted partners, we intend to capitalize the target business and create purposeful strategic initiatives in order to achieve attractive growth and performance targets.
INVESTMENT CRITERIA
Consistent with our acquisition strategy, we have identified the below general criteria and guidelines that we believe are important in evaluating prospective target businesses in our target focus.
In evaluating our business combination, we intend to use the following general criteria and guidelines in our assessment of opportunities. We may however decide to enter into a business combination that does not meet any or all of these criteria and guidelines.
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Attractive, long-term growth prospects
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Disruptive technology
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Strong competitive position
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Well-positioned to participate in [industry] consolidation and benefit from public acquisition currency
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Strong management team
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Attractive risk-adjusted return
These criteria are not intended to be exhaustive. Any evaluation relating to the merits of a particular initial business combination may be based on these general guidelines as well as other considerations, factors and criteria that our management may deem relevant.