Israeli fintech Morning, known for its “Green Invoice” SaaS platform for small business management, has been acquired by Italy’s TeamSystem for approximately $150 million. The acquisition marks a significant return for founders Lior Wilczynski and Rami Gabai, who each own 30% of the company, and the Fortissimo investment fund, which invested $20 million in 2021 at a $50 million valuation. The deal highlights Morning’s growth trajectory and TeamSystem’s strategic expansion into innovative financial solutions.
Israeli Fintech Morning Acquired for $150 Million by Italy’s TeamSystem