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Shlomo Holdings partners with Jared Kushner, withdraws TASE IPO

Apr 27, 2025•3 months ago

Contract Type

partnership

IsraelSatellite CommunicationHardware

Description

Shlomo Holdings, a subsidiary of Shlomo Holdings Vehicle, has withdrawn its plans for an IPO on the Tel Aviv Stock Exchange (TASE) due to market volatility and geopolitical tensions. In September 2023, Shlomo Holdings Vehicle brought in Infinity Partners, founded by Jared Kushner, as a partner with a 15% stake at a company valuation of NIS 2.7 billion.

Company Information

Company

Partner Communications Group

Location

Israel

About

Partner Communications Group (TASE: PTNR) is an Israeli communications company.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months