Abra continues its growth for the 9th quarter in a row and acquires another company

by time news

Shay Ozon, CEO of abra: “We are happy to continue to present positive results that express the success of the company’s growth strategy, which combines successful acquisitions and organic growth. Abra, exactly according to our forecasts, is growing consistently and reaches an activity volume of over NIS 100 million per quarter, with an EBITDA of approximately NIS 11 million at a rate of 11%. Following the acquisition of Devoror in May of this year, I am happy to inform you that last week abra acquired the Rubicon company which will expand our portfolio of services for our customers in the open source field. We will continue in this way in the future for continued growth with an emphasis on improvement processes, synergy and the creation of an end-to-end technological envelope for our customers.”

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