Leumi Partners

What Leumi Partners does

Leumi Partners Ltd. is the merchant and investment banking arm of Bank Leumi Group, one of Israel's two largest banking groups with over 13,000 employees and global operations. Founded in 1980 and headquartered in Tel Aviv's Azrieli Center, Leumi Partners operates as a wholly-owned subsidiary that manages one of the largest strategic investment portfolios in the Israeli banking sector, with ILS 4.9B in shareholders' equity and ILS 5.8B deployed across 188 portfolio companies.

The firm offers a multi-product suite spanning five core lines of business: direct strategic minority equity investments in Israeli growth companies; technology investment banking with bespoke credit and equity solutions for tech companies via cooperation with Viola Group, Vintage Investment Partners, and LeumiTech; underwriting and advisory services through the Barak-Leumi Underwriting joint venture with Barak Capital; mergers and acquisitions advisory across communications, industrial, consumer, financial services, energy, and high-tech sectors; and real estate specialty financing through mezzanine-level hybrid debt and equity instruments. Recent transactions include a 10% stake acquisition in Profit Finance Group for NIS 670M (2026), anchor investment in AlphaDrive's $100M cybersecurity and AI fund (2026), and the Israeli portion of the UVision Air Nasdaq IPO alongside JPMorgan (2025).

Revenue is generated through a combination of professional services fees (underwriting commissions, advisory fees, success-based transaction fees) and capital appreciation plus dividend income from the direct strategic investment portfolio. The firm operates an enterprise field sales motion targeting Israeli growth-stage companies, technology startups, real estate developers, and financial services groups, leveraging Bank Leumi's distribution network and brand equity as the primary deal origination channel. The firm is led by CEO Viktor Vakrat and Chairman Omer Ziv (Head of Capital Markets Division of Leumi Group), with Co-Chief Investment Officers Gal Cohen and Elad Avivi managing investment activities.

Name

Leumi Partners

Legal name

Leumi Partners Ltd.

Website

https://leumipartners.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Leumi Partners is the investment banking arm of Bank Leumi Group, providing Israeli growth companies with direct strategic investments, M&A advisory, underwriting, technology financing, and real estate mezzanine financing across a portfolio of 188 investments worth ILS 5.8B.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

All Other Financial Investment Activities (52399), Other Financial Investment Activities (5239), Portfolio Management and Investment Advice (523940)

SIC

Investors, Nec (6799), Security Brokers, Dealers & Flotation Companies (6211), Services-Management Consulting Services (8742)

akta.pro primary industry

Multi-Sector / Generalist Growth Equity (FSANACAO)

akta.pro secondary industries

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI), Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

Keywords

• Investment banking services
• Mergers and acquisitions advisory
• Underwriting and capital raising
• Real estate mezzanine financing
• Strategic equity investments

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Direct Strategic Investments: Leumi Partners manages strategic investment portfolios, acquiring minority equity positions in Israeli companies across various sectors including real estate, technology, and infrastructure. Returns are generated through capital appreciation and dividend income.
2. Underwriting & Advisory: The firm provides investment banking services including debt and equity underwriting, capital raising, and M&A advisory. Revenue is earned through underwriting fees, advisory commissions, and success fees on completed transactions.
3. Technology Investment Banking: Bespoke credit and equity solutions to technology companies, including cooperation with venture capital firms for financing technology startups.
4. Real Estate Specialty Financing: Mezzanine level financing for real estate projects, providing hybrid debt and equity instruments in exchange for interest, profit sharing, or equity returns.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Leumi Partners is the merchant and investment banking arm of Bank Leumi Group, providing Israeli corporations, growth-stage companies, and institutional clients with non-banking growth solutions. The firm operates five core lines of business: Direct Strategic Investments (minority equity financing), Underwriting & Advisory (capital raising), Mergers & Acquisitions advisory, Real Estate Specialty Financing (mezzanine debt and equity), and Technology Investment Banking. It manages one of Israel's largest strategic investment portfolios with ILS 5.8B across 188 investments.

Product overview

Leumi Partners operates as Israel's premier merchant and investment banking platform offering a multi-product suite of financial services. The core offerings include Direct Strategic Investments (minority equity financing for long-term growth), Technology Investment Banking (credit/equity for tech companies), Underwriting & Advisory (capital raising via Barak Leumi Underwriting), Mergers & Acquisitions advisory, and Real Estate Specialty Financing (mezzanine financing). The ecosystem includes Israel Growth Partners (IGP), a $240M late-stage tech growth fund, and LeumiTech, a technology lending initiative. The platform manages approximately ILS 5.8B in investments across 188 portfolio companies, leveraging Leumi Group's position as one of Israel's two largest banking groups.

Differentiator

Problem solved

Functional benefit

Products and services

• Direct Strategic Investments Minority equity financing partnership providing long-term capital and banking expertise to Israeli portfolio companies across infrastructure, manufacturing, real estate, and technology sectors. The platform manages ILS 5.8B across 188 investments and is the largest operating-company investment portfolio in the Israeli banking sector.
• Underwriting & Advisory Capital raising and underwriting services for Israeli and US companies, delivered through the Barak-Leumi Underwriting joint venture with Barak Capital. Includes debt raises for US real estate companies in the Israeli market and underwriting of major IPOs such as the UVision Air Nasdaq listing led with JPMorgan.
• Mergers & Acquisitions Advisory M&A advisory services for Israeli and international clients across communications, industry, consumer goods, financial services, energy, and high-tech sectors. Leverages in-depth transaction understanding, research capabilities, and international networks to deliver sell-side, buy-side, and strategic transaction advisory.
• Real Estate Specialty Financing Mezzanine-level financing for Israeli real estate projects, combining hybrid debt and equity instruments. Provides lower collateral requirements than senior debt and offers higher returns through interest, profit sharing, or equity participation, enabling developers to obtain senior debt by positioning the mezzanine as equity.
• Technology Investment Banking Bespoke credit and equity solutions for Israeli technology companies at various stages, combined with strategic cooperation agreements with leading Israeli VC firms (Viola Group, Vintage Investment Partners, IGP). Provides funding for innovation, access to VC networks, and expansion capital for Israeli tech startups and growth-stage companies.

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and strategic.

• Barak-Leumi UnderwritingcoreStrategic or Co-development Partner · 1 January 2025Barak-Leumi Underwriting, a joint venture between Leumi Partners and Barak Capital, handles the Israeli portion of IPO underwriting, including the UVision Air IPO valued at $3.5-4 billion targeting Nasdaq listing.
• JPMorganstrategicStrategic or Co-development Partner · 1 January 2025JPMorgan is leading the UVision Air IPO, with Barak-Leumi Underwriting handling the Israeli portion. This represents a partnership between Leumi Partners and JPMorgan on major cross-border transactions.
• LeumiTechcoreStrategic or Co-development PartnerLeumi Partners works in close cooperation with LeumiTech, a Leumi Group initiative focused primarily on credit and lending for the Israeli technology sector.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Poalim Capital Markets: Investment banking and capital markets arm of Bank Hapoalim, Israel's other largest banking group. Operates as a direct peer to Leumi Partners under the duopolistic structure of Israeli bank-owned investment banking, offering M&A, underwriting, and corporate finance services to Israeli corporates.
• Discount Capital: Investment banking subsidiary of Israel Discount Bank, providing investment banking, underwriting, and strategic investments. Direct competitor to Leumi Partners for Israeli corporate mandates and investment opportunities.
• IBI Investment House: Independent Israeli investment bank offering M&A advisory, capital markets, and portfolio management. Competes with Leumi Partners for mid-market Israeli corporate transactions and underwriting mandates.

Emerging players

• Viola Group: Israeli technology venture capital firm with over $2.5B under management. Strategic partner to Leumi Partners for technology investment banking, with some overlap in targeting Israeli tech companies for growth equity and later-stage financings.
• Vintage Investment Partners: Israel's largest secondary fund with ~$1.3B AUM and an active fund-of-funds. Strategic partner to Leumi Partners, operating in adjacent segments of the Israeli alternative investment ecosystem.
• Israel Growth Partners (IGP): $240M late-stage growth fund for Israeli tech, founded by Moshe Lichtman and Haim Shani, with Leumi Partners as anchor investor. Comparable as a late-stage Israeli tech investment vehicle with a similar LP base.

Broad incumbents

• Rothschild & Co: Global investment bank with long-standing advisory presence in Israel. Competes with Leumi Partners for Israeli cross-border M&A and large-cap advisory mandates.
• JPMorgan: Global investment bank leading the UVision Air Israeli IPO alongside Leumi Partners' Barak-Leumi Underwriting JV. Represents the tier of global IBs that Leumi Partners partners with for cross-border transactions.
• Goldman Sachs: Global investment bank with active Israeli tech and growth company coverage. Competes with Leumi Partners for Israeli technology IPOs and large M&A engagements.

Others

• PwC Israel: Global professional services firm whose Deals practice produced senior Leumi Partners executives (CEO Viktor Vakrat, Co-CIO Gal Cohen). Adjacent competitor in M&A advisory and a talent pipeline for the Israeli investment banking ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments15 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Leumi Partners