Israeli investor group acquires taxi app Gett in $188 million deal
- Perry Richardson
- 1 hour ago
- 2 min read
A consortium of major Israeli financial investors has completed the acquisition of mobility platform Gett for $188 million.
The new ownership replaces previous shareholders VNV Global, Access Industries and MCI Capital.
The buying group includes Klirmark Capital, Leumi Partners, Meitav Provident Funds and Pension, Mizrahi Tefahot Invest, Phoenix Financial Ltd. and a prominent family office. Each investor brings significant experience in managing and scaling Israeli companies, especially in sectors requiring strategic development and long-term capital support.
Gett, which started as a taxi-hailing app, has evolved into a corporate ground transportation management platform with a presence in multiple countries. The investors stated their intention to retain the firm’s global workforce and continue supporting its growth plans. The focus will remain on maintaining Gett’s position as a key mobility platform within Israel while expanding its reach internationally.
The deal marks a shift towards domestic ownership for one of Israel’s most prominent mobility tech firms. No structural changes or strategic shifts have been announced beyond continued support for Gett’s current direction.
A representative of the new owners said: “We are excited to join forces with Gett. This acquisition reflects our confidence in the company’s innovative technology, growth potential and talented employees and management team. Together, we aim to expand services, deliver exceptional value for drivers and customers, and seize opportunities in the rapidly transforming transportation industry”
Per Brilioth, CEO of VNV, said: “We are proud to have supported Gett’s transformation and expansion. As the company transitions to a new era, we are confident it will build on its strong foundations and play a defining role in the future of mobility. Thank you to everyone at Gett: you have been amazing! It has been great to work with you all, good luck with everything and see you down the road!”
Matteo de Renzi, CEO of Gett, said: “We are delighted to begin this exciting new chapter for Gett alongside our new shareholders. As we look ahead, we remain confident in our strong operational foundation, cutting-edge technology advancements, and the exceptional talent across our organisation – all of which will power the next phase of growth”
