Discount Capital Invests $11 Million in Natan Security Firm

Discount Capital, the investment arm of Discount Bank, is acquiring approximately 20% of Natan, a security and facility management company, for NIS 41.4 million (approximately $11 million USD). The investment values Natan at NIS 207 million ($55 million USD) and its enterprise value at NIS 270 million ($72 million USD).

Following the transaction, Brand Group, the majority owner, will hold about 79% of Natan, Discount Capital will own roughly 20%, and Natan's founder and CEO of security operations, Shmuel Shlave, will hold approximately 1%. This investment comes less than a year after Brand Group initially invested in Natan, acquiring 60% in November 2025 and later increasing its stake to 79% by investing a total of NIS 52 million ($13.8 million USD).

Discount Capital's investment follows a recent NIS 80 million ($21 million USD) investment in Alumenergy, the energy arm of Aluma Fund, and an additional NIS 14.5 million ($3.8 million USD) in Aluma itself. Natan is experiencing significant growth, with revenues projected to reach NIS 670 million ($178 million USD) annually by the first half of 2026, and a backlog of NIS 2.2 billion ($585 million USD) in orders until 2030. The company employs around 3,400 people and manages approximately 6 million square meters, offering services including integrated facility management, cleaning, security, and operations for various sectors.

Brand Group, which focuses on services, engineering, infrastructure, and technology, has secured several recent contracts for Natan, including cleaning and pest control worth NIS 96 million ($25 million USD) and security services totaling over NIS 90 million ($24 million USD). Liran Giladi, Chairman and CEO of Brand Group, stated that Discount Capital's entry is a significant vote of confidence, aligning with Brand's strategy of focusing on core activities and enhancing operational results. Hanoch Papushdo, Investment VP at Discount Capital, expressed confidence in Natan's leading position and competitive advantages, anticipating future growth.