Special Situations Merchant Bank

VAR Group is a veteran Special Situation Merchant Bank founded in 2001 with diverse capabilities of investments, restructurings, turnarounds, special M&A’s & monetization.

In its 17 years of operations, VAR has been involved in over 200 companies – public and private from different sectors & geographies including EU, Israel, the US and others with  aggregate assets, liabilities and revenues of $B’s.

VAR cooperated and worked with banks, financial institutions (pension funds, insurance companies and alike), global asset managers, Company management (including Fortune 500) and others.

With its highly experienced and senior team (sourcing, analysis, legal, structuring, operating, monetizing) and partners, VAR is a creative deal player with operational capabilities and can hence works in NPL & distressed debt, private equity transactions, refinancing and assets acquisitions.

VAR was involved in different cases, from small to multi $B’s in sectors such as Real Estate, Holding, Technology, Industrial, Commercial and other sectors.

  • 63 Debt restructurings
  • 27 crisis/interim management
  • 55 M&A’s/assets dispositions
  • $ 1.55 B sale proceeds
  • $100M patent sale licensing/litigations
  • 64 government/tax related issues
  • 59 U.S. companies
  • 31 European companies
  • 24 Far East companies
  • 15 companies in other regions
  • 80 assignments on shareholders behalf
  • 44 assignments on management behalf
  • Public companies in Israel, the U.S. and Europe
  • 26 assignments for the benefit of creditors
  • $5 B equity investments in our clients
  • $600 M paid back to our clients
  • 27 court liquidations
  • 11 Receiverships
  • 27 management supervisions
  • 11 Turnarounds
  • 42 reports on company/lender/shareholder status
  • 33 voluntary liquidation and winding downs
  • 20 representations of non Israeli investors/lenders
  • 40 other advisory services (valuations, financial consulting, etc.)
  • Taking over the weal: Bondholders in Africa Israel are taking control of it in a manner that will reduce the haircut to only 20%   link
  • The largest bond holders during the takeover of Africa Israel link
  • DK Partners fund and MR. Ben Moshe offer Africa Israel’s bond holders over NIS 2 billion in cash( Calalist 8/12/2017) link
  • Enough for one or two junk bonds a year in a solid portfolio to make a return (Calcalist 26/7/2016) link
  • Rimoni Industries bought Friedrich for NIS 8 million (Calalist 23/2/2017) link
  • In a financial restructuring all benefit from value maximization(Calcalist 25/7/2016) link
  • Holders of Africa-Israel bonds enlarge their bond holders and committee
  • DK Partners was chosen to lead the struggle of bondholders in Alshtain
  • Engel Resources and Development: Another offer to acquire control in the company will be examined
  • Orckit Intends to Sue Hudson Bay over Patents
  • Orckit Bondholders Request Stay of Proceedings
  • Fortissimo, Hilan and Leader holding & investment competing for Eshbel
  • VAR GROUP take part of IVC conference at 04.03.2013
    Agenda and registration
  • Temporary receiver was appointed to “Infinite Memoey”
  • Request of debenture holders of KAMAN company, appoint an expert debt settlement – CPA Yoav Kfir and CPA Offer Cohen
  • Liquidator of the Israeli Center Pilates wants to sell the company’s assets
  • Israel’s largest Pilates Network Liquidation: 100 employees in danger
  • VAR Takes part of seminar regarding Mergers and Acquisitions – Dynamics, Feasibility and Structure transactions
  • Global Fund DK Partners Bid to Acquire Israeli Real Estate Co Engel Resources
  • A new board was appointed for Elbit Imaging LTD
  • Ben Dov Legacy: Hair cut of 60%-70% in Sunny’s Restructering
  • Plaza Centers appoints Yoav Kfir as Chairman of the Board of Directors
  • Plaza Centers chairman Ron Hadassi resigns

VAR Group
Givat Yeshayahoo 26
D.N. Ella Valley 99825
Tel: 972-2-9955666
Fax: 972-2-9955777
<a href=”mailto:ןoffice@var-group.com”>info@var-group.com</a>