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Announced

Affinity Partners to acquire a 15% stake in car and credit unit of Shlomo Group for $150m.

Synopsis

Affinity Partners, a private equity firm, agreed to acquire a 15% stake in car and credit unit of Shlomo Group, a company in Israel that consists of car services, automotive, real estate services, for $150m. “We are bullish on the long-term growth prospects of Israel and the broader new Middle East. Shlomo’s historical growth has been rock solid, and the company has many exciting opportunities in its future," Jared Kushner, Affinity Partners Founder.

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