Amanet

What Amanet does

Amanet Management and Systems Ltd. (TLV:AMAN) is an Israeli publicly-listed professional services holding company founded in 1970, headquartered in Tel Aviv's Ramat HaHayal district, operating through six wholly-owned subsidiaries: Sysnet (IT consulting, software development, and Priority ERP implementation), Tesnet (software quality assurance and testing — reportedly the first dedicated testing firm in Israel), Dialogue (organizational consulting, training, and research), AMAN (E2E management solutions, PMO services, and smart-cities consulting), Tadiad (Priority ERP integration and outsourcing), and Amikan (civil engineering project management and urban renewal). The group employs approximately 1,250–1,300 staff and is led by CEO Shmuel Alfasi (appointed January 2023) and Chairman Eran Assaf (appointed June 30, 2024), who also owns the M&A mandate.

Amanet generates revenue through three professional-services streams: consulting (project management, organizational consulting, strategic advisory), technology and software services (development, testing, system integration, ERP implementation), and outsourcing (offshore/nearshore centers, managed services, logistics BPO). The business operates a pure B2B enterprise field-sales model, selling custom-priced engagements — not standardized products — to leading Israeli organizations across commercial and institutional sectors. Clients include the IDF and defense industries, government ministries, high-tech companies, financial institutions, construction and real estate firms, and kibbutz/agricultural entities; Amanet highlights multiple first-of-their-kind engagements in Israel (e.g., national election services, airport terminal planning) as proof points of execution on complex mega-projects. Per disclosed financials, the company is profitable with 2025 revenue of approximately $338.9M, EBITDA of $19.8M, and net income of $10.8M, though EV is reported at only $56.8M, suggesting the revenue figure may be denominated in NIS rather than USD.

The group's competitive positioning rests on 55+ years of operating history, public-market credibility since its 1994 TASE listing, a deep bench of consulting and technical talent (including defense-security domain expertise), and internally-developed project management methodologies that have reportedly become prototypes for similar work in Israel. Geographic exposure is exclusively domestic (Israel); no international expansion is signaled in current materials. Distribution is direct enterprise sales managed at the subsidiary level with group-level oversight, supplemented by an investor-relations channel through the TASE Maya reporting system and an active career page for talent acquisition.

Name

Amanet

Legal name

Amanet Management and Systems Ltd.

Website

https://amanet.co.il

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Amanet Management and Systems Ltd. (TLV:AMAN) is an Israeli publicly-listed holding company operating six professional-services subsidiaries — providing consulting, IT/software development, ERP implementation, software testing, organizational consulting, and civil-engineering project management — to Israeli enterprise, government, and defense clients.

Ownership category

akta.pro rank

Product category

IT and Management Consulting Services

NAICS

Management Consulting Services (54161), Management of Companies and Enterprises (55111), Offices of Other Holding Companies (551112)

SIC

Services-Management Consulting Services (8742), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Instrumentation, Controls & Automation Engineering Consulting (BPAHAIAM)

Keywords

• Project management consulting
• Software testing services
• IT consulting services
• ERP implementation services
• Business outsourcing services

Headquarters

HQ city

Ramat Hayal

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Professional Consulting Services: The group provides consulting services across project management, organizational consulting, and strategic advisory through its subsidiaries including AMAN and Dialog.
2. Technology and Software Services: Software development, testing (through Tesnet), system integration, and ERP implementation services (through Sysnet and Tadiad).
3. Outsourcing Services: Outsourcing services across various models including offshore/nearshore centers, managed services, and logistics BPO projects.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Amanet Group is a multidisciplinary professional services holding company that delivers project management consulting, software development and testing, organizational consulting, ERP implementation, and outsourcing services to large enterprise and government clients in Israel. Services are executed through six wholly-owned subsidiaries (AMAN, Sysnet, Tesnet, Dialogue, Tadiad, and Amikan) operating in synergy across consulting, technology, and outsourcing domains.

Product overview

Amanet Group is a multidisciplinary system house providing comprehensive services through six subsidiary companies. The portfolio consists of: (1) AMAN - strategic management consulting and project management office (PMO) services; (2) Dialogue - organizational consulting, training, and research; (3) Sysnet - IT consulting, software development, and Priority ERP implementation; (4) Tesnet - software quality assurance and testing services; (5) Tadiad - PRIORITY ERP system integration and outsourcing; and (6) Amikan - civil engineering project management. The subsidiaries operate in synergy to deliver integrated solutions in project management, software development and testing, consulting, and outsourcing services to commercial and institutional sectors in Israel.

Differentiator

Problem solved

Functional benefit

Products and services

• AMAN — End-to-End (E2E) Management Solutions
• Sysnet — IT Consulting and Software Development Services
• Tesnet — Software Quality Assurance and Testing Services
• Dialogue — Organizational Consulting and Training Services
• Tadiad — Priority ERP Implementation and Outsourcing
• Amikan — Engineering Project Management and Supervision

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• One Software (One1): Israeli enterprise IT solutions provider (TASE) offering software services, infrastructure, consulting, and outsourcing — a direct competitor across Amanet's IT consulting and ERP integration lines, particularly Tadiad and Sysnet.
• Hilan Tech: Israeli IT services and HR/payroll software group (TASE) competing in enterprise IT consulting, outsourcing, and systems implementation — overlapping significantly with Amanet's consulting and outsourcing segments.
• Matrix IT: Leading Israeli IT services and consulting firm (TASE: MTRX) offering software development, integration, consulting, and outsourcing — the closest direct peer to Amanet's Sysnet and Tesnet subsidiaries in scale, market, and customer base.
• Formula Systems (Formula): Israeli-listed holding company (NASDAQ: FORTY) of IT services and software firms including Sapiens, Magic Software, and Formula Technologies — directly comparable in structure (publicly-traded holding of multiple Israeli IT services subsidiaries) and customer overlap.
• Ness Technologies: Israel-origin IT services firm providing software development, systems integration, and consulting globally — a long-standing direct competitor to Amanet's Sysnet subsidiary in enterprise software services.

Broad incumbents

• Tata Consultancy Services (TCS): Global IT services, consulting, and BPO giant offering outsourcing and systems integration — competes with Amanet in offshore/nearshore delivery models and enterprise IT outsourcing, particularly via Sysnet.
• McKinsey & Company: Premier global management consulting firm — comparable to Amanet's AMAN subsidiary for strategic management consulting and PMO engagements with large enterprises and government entities.
• Accenture: Global IT consulting and services leader operating a dedicated Israel practice — competes with Amanet for large enterprise and government digital transformation engagements, though at vastly greater scale and geographic reach.
• Infosys: Global IT services, consulting, and digital transformation firm — directly comparable in business model (IT services + consulting + outsourcing) and competes with Amanet for enterprise software development, ERP, and QA contracts.
• Capgemini: Global IT consulting, technology, and outsourcing services firm — overlaps with Amanet's full portfolio (consulting, technology, outsourcing) and competes for Israeli and multinational enterprise contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aman-amanet

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Amanet