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Israeli Fintech Morning Acquired for $150 Million by Italy’s TeamSystem

morning1
  • December 29, 2024
  • Insights, Investment / Acquisition

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

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