A new strategic phase in Kramer Electronics development
Fortissimo Capital Fund — the leading Israeli private equity fund investing primarily in technology and industrial companies has acquired a majority stake in Kramer Electronics. Fortissimo manages $1.6 billion in capital and has invested in approximately 50 companies in Israel and abroad to date.
The founding and managing partner of Fortissimo, Mr. Yuval Cohen said the following: “Digital multimedia and AV technologies are thriving, and we see Kramer Electronics as a great global platform with over 25 offices worldwide to further grow and enhance its operations. We are thrilled to participate in the next phase of Kramer’s journey”.
In the coming year, Kramer Electronics celebrates its fortieth anniversary, and 2021 will be a truly historic year in the life of the company.