Announcement • May 07
Riverwood Capital Management L.P. completed the acquisition of Quicklizard Ltd (TASE:QLRD). Riverwood Capital Management L.P. entered into a definitive agreement to acquire Quicklizard Ltd (TASE:QLRD) for approximately ILS 140 million on February 5, 2025. As part of the transaction, all shares of Quicklizard shall be converted solely into the right to receive the per-share transaction consideration of ILS 40.92 per share, reflecting a total company valuation of approximately ILS 186 million.
The transaction, which was approved by the Quicklizard Board of Directors, is currently expected to close in the first half of 2025, subject to customary closing conditions, including approval by Quicklizard’s shareholders and the receipt of required regulatory approvals. Upon completion of the transaction, Quicklizard’s common stock will no longer be publicly listed and Quicklizard will become a privately held company. This strategic acquisition is set to supercharge Quicklizard’s research and development efforts, accelerating the evolution of its platform and reinforcing its position as the go-to pricing optimization platform for enterprises worldwide.
Riverwood Capital Management L.P. completed the acquisition of Quicklizard Ltd (TASE:QLRD) on May 7, 2025. Announcement • Feb 07
Riverwood Capital Management L.P. entered into a definitive agreement to acquire Quicklizard Ltd (TASE:QLRD) for approximately ILS 140 million. Riverwood Capital Management L.P. entered into a definitive agreement to acquire Quicklizard Ltd (TASE:QLRD) for approximately ILS 140 million on February 5, 2025. As part of the transaction, all shares of Quicklizard shall be converted solely into the right to receive the per-share transaction consideration of ILS 40.92 per share, reflecting a total company valuation of approximately ILS 186 million.
The transaction, which was approved by the Quicklizard Board of Directors, is currently expected to close in the first half of 2025, subject to customary closing conditions, including approval by Quicklizard’s shareholders and the receipt of required regulatory approvals. Upon completion of the transaction, Quicklizard’s common stock will no longer be publicly listed and Quicklizard will become a privately held company. This strategic acquisition is set to supercharge Quicklizard’s research and development efforts, accelerating the evolution of its platform and reinforcing its position as the go-to pricing optimization platform for enterprises worldwide. Announcement • Feb 06
Quicklizard to Delist from TASE Quicklizard Ltd, a leading AI-powered dynamic pricing platform for retailers and brands, has announced it is to be acquired by Riverwood Capital, a prominent investment firm focused on technology growth and scalability. This strategic acquisition is aimed at boosting Quicklizard’s research and development, hastening the evolution of its platform, and strengthening its position as the preferred pricing optimization platform for businesses around the world. Pini Mandel, CEO and Founder of Quicklizard, expressed excitement over the partnership with Riverwood Capital. He believes this partnership will allow Quicklizard to significantly expand its R&D capabilities, enhance its AI-driven pricing technology, and deliver even more value to retailers and brands worldwide. The transaction, approved by the Quicklizard Board of Directors, is expected to close in the first half of 2025, subject to customary closing conditions, including approval by Quicklizard’s shareholders and receipt of required regulatory approvals. Upon completion, Quicklizard’s common stock will no longer be publicly listed and Quicklizard will become a privately held company. As part of the transaction, all shares of Quicklizard will be converted into the right to receive the per-share transaction consideration of ILS 40.92 per share, reflecting a total company valuation of approximately ILS 186 million.