Portofino Investments served as the exclusive investment banker in the acquisition of Zilumatic
AT A GLANCE
Portofino served as the exclusive investment banker in the acquisition of Zilumatic Ltd. By MalamTeam Ltd. – a publicly traded company and market leader in the Israeli IT sector. Zilumatic specializes in the marketing and distributionof printing products and solutions, as well as providing service and IT support for printing and computing needs. The acquisition of 100% of Zilumatic shares will allow MalamTeam to leverage the synergies between the two business and expand Zilumatic operations, creating one of the largest distributors in the printing segment in Israel.
THE ACQUIRER
MalamTeam, which is one of the largest and leading IT groups in Israel, provides a wide range of computer services on the field of information technology. The group combines innovation with decades of experience in setting-up, implementing and integrating IT systems. It has more than 3,400 experts in a variety of IT proficiencies which are deployed throughout Israel, at the company’s facilities as well as at its prominent clientele’s locations. MalamTeam offers its integrated solutions for all types of hardware, software, database and communications platforms, and each of its business units specializes in its distinctive area.
THE TARGET
Zilumatic is one of the leading companies in Israel for advanced office automation services. The company has a wide range of products including: computers, printers, photocopiers, fax machines, TV and computer screens and sound systems, and other digital equipment. Zilumatic represents in Israel some of the world’s leading brands in the field such as Xerox, Sharp and Panasonic, exclusively enjoying the different channels which include the sale, rental and operational leasing of their wide product portfolios.