ION Crossover Partners

ION Crossover Partners Overview

Ion Crossover Partners (ICP) focuses on founders with growth aspirations and businesses with untapped growth potential. ICP seeks to invest in Israeli and Israel-related technology companies that are in the global expansion phase and have a substantial customer and revenue base. The firm aims to help management teams scale their businesses and utilize a strategic toolkit that includes IPO preparation. ICP has a long-term investment horizon and a willingness to be patient when the right team finds the right market opportunity. ICPs typical investments range from $50 million to $150 million with an average participation of $30 million to $50 million and co-investment from top-tier IPO anchors (e.g. Fidelity, T Rowe, Wellington) that can join the syndicate and remain shareholders post-IPO. ICP is flexible in its investment size and structure in order to match company needs, and could lead $100 million rounds including secondaries or bring $10 million to a syndicated deal. ICP is part of the ION Asset Management investment funds group, which has $1.5 billion under management in hedge funds and private equity funds, and was founded by Stephen Levey and Jonathan Half.

Latest News

May 2, 2021 · www.calcalistech.com

growth-positive

ION Acquisition eyeing merger with another Israeli tech giant after listing its third SPAC

ION Acquisition, led by co-CEOs Gilad Shany and Avrom Gilbert, plans to raise $220 million through its third Special Purpose Acquisition Company (SPAC) listing on the New York Stock Exchange. The company focuses on investing in Israeli companies and entrepreneurs that apply technology and innovation to everyday life. Third Point Management, a hedge fund founded by Daniel Loeb, will purchase 9.9% of the shares. ION has previously merged with Israeli digital advertising platform Taboola and raised $253 million through its second SPAC. The offering is expected to close on May 4.

InvestmentPublic Trading

Jan 27, 2021 · en.globes.co.il

growth-positive

After Taboola merger, SPAC ION to raise $253m on NYSE

Israeli SPAC ION Acquisition Corp. plans to raise $253 million on the NYSE for the ION Acquisition 2 fund. The company recently merged with Israeli company Taboola at a valuation of $2.6 billion. ION Acquisition Corp. is part of the ION Asset Management investment funds group. SPACs have been popular on Wall Street, raising $82 billion in 2020 and $20 billion in 2021. This merger is the second major SPAC merger for an Israeli company.

InvestmentAcquisitionPublic Trading

Sep 16, 2020 · www.globes.co.il

growth-positive

קבוצת ION הישראלית מגיעה לוול סטריט: תגייס 230-200 מיליון דולר

Israeli company ION Acquisition Corp, which is based on the activity of the ION growth funds, has submitted a prospectus for a fundraising of $200-230 million on the New York Stock Exchange (NYSE). The company is a blank check company, meaning it has no activity, and is raising the amount for the purpose of executing a merger or acquisition and injecting activity into it. The company is part of the successful ION Asset Management investment fund group, which manages assets worth $1.5 billion as part of growth and private equity funds.

Public TradingInvestment

Team Members

3

Web & Social Links

Locations

Medinat ha-Yehudim Street 89, Herzliya, Israel

Israel

Photos & Videos

No files yet

ION Crossover Partners Internal

Recent Updates

Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.

Admin Info