Livnat family sells 49% of the MedOne server farm company, at a value of about NIS 1.5 billion

The Livnat family sells 49% of the MedOne server farm company, at a value of about NIS 1.5 billion. The amount derives a consideration of NIS 730 million from the sale. The buyers are the American investment company Berkshire Partners (unrelated to Warren Buffett's Berkshire Hathaway), which will receive the bulk of the share sold, and the van Rooyen group of entrepreneur Grant Van Royne, which operates in the field of server farms. MedOne did not specify exact numbers regarding the holdings of each of the new partners.
MedOne, established in 1997, owns four sites with an area of ​​25,000 square meters - one in Tel Aviv, one in Petah Tikva and two in Tirat Carmel. Two more server farms are being built in Ramla and Kfar Yona. Which caused real estate companies such as Azrieli and Melisron to enter the field. MedOne's clients include financial companies, government ministries, security bodies and Israeli and global companies.
A joint statement from the parties to the deal stated that they intend to expand their range of services and enter new markets. According to MeOne CEO Roni Sadeh, these are innovative technologies that will streamline server farms and "significantly reduce the ongoing costs of our customers." According to the rate of his holding in it.
Berkshire Partners is an investment company founded 35 years ago and headquartered in Boston. The company has so far invested in 145 companies, including in the fields of consumer, health and industry, as well as in companies operating in the field of digital infrastructure such as Crown Castle, Lightower, Telx Teraco and Torres Unidas.