Deals
Israeli JVP Fund Sells Qlik Holding to Public for $112 Million
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Israel’s Jerusalem Venture Partners sold part of its stake in Qlik Technologies Inc. for $112 million in a transaction that returned almost 40 times the Jerusalem-based venture capital fund’s initial investment.
“The exit clearly attests to the fact that in times of economic downturn, it is possible to reach substantial returns,” Erel Margalit, JVP’s managing partner, said in an e-mailed statement today.