EMET Group Announces Acquisition of Monday Business Activity from ESL

EMET Group, a leading professional services powerhouse specializing in the development and implementation of technology solutions in complex enterprise environments, has announced the acquisition of the Monday business activity from ESL – Engineering Software Labs. The acquisition was executed through Unitask, EMET Group’s software and digital arm, with the goal of expanding the Group’s product and services portfolio and entering new areas of activity.

ESL was one of Monday’s first partners in Israel. The company is certified as a Platinum Partner and was named Monday’s EMEA Partner of the Year in 2022. The acquired activity also includes seven applications designed to maximize organizations’ use of the Monday platform and tailor it to their needs.

Andres Richter, CEO of EMET Group, stated:
“We continue to expand into new domains, with a strong emphasis on professionalism and technological depth. We are pleased to welcome some of the most experienced and leading Monday experts in Israel to our team, and we remain committed to serving our customers at the highest level. We intend to expand the use of the Monday platform into new markets where the Group already operates, including the public sector and government offices, as well as into global markets in which we are active. We see significant business potential in adding Monday’s activity and delivering value to our existing and new customers in Israel and worldwide.”

This acquisition is part of an ongoing series of strategic acquisitions carried out by the Group in recent years, including the acquisition of Eastern Peak, a company specializing in custom development and technology solutions for startups and large enterprises. These moves are part of EMET Group’s growth and expansion strategy in Israel and globally, strengthening its position as a leader in professional and technological services by combining global innovation with local growth.

About EMET Group

EMET Group (TASE: EMCO) is a leading professional services company specializing in the development and implementation of technology solutions in complex enterprise environments.

The Group offers a broad portfolio of integrated products and delivers end-to-end customized solutions across all areas of enterprise technology, including software and digital, IT infrastructure integration in cloud and on-prem environments, cybersecurity and information security, data and analytics, and more. In each domain, EMET serves as a leading business and professional partner of the world’s top solution providers, with a portfolio that includes products from dozens of global technology vendors.

EMET Group is among the largest and leading companies in its field, serving over 1,500 organizations across all sectors of the economy, including all major banks in Israel, insurance companies, telecommunications and technology firms, industrial enterprises, healthcare institutions, defense organizations, and government offices.

The Group employs over 1,700 professionals in Israel and internationally and enjoys steady, consistent growth. In 2023, its revenues exceeded NIS 1.5 billion. EMET Group is a publicly traded company listed on the Tel Aviv Stock Exchange, controlled by FIMI Fund since 2021, and led by CEO Andres Richter.