Tigbur Group Drives Growth by Integrating AI in Human-Centric Services
Tigbur Group, an established Israeli company founded in 1981 and headquartered in Ramat Gan, is undergoing a significant transformation under CEO Orit Benbenishti. Originally focused on manpower and nursing services, Tigbur has expanded into a multifaceted operational and technological services group, providing comprehensive solutions to its clients. The core manpower and nursing segment accounts for about 70% of the group's activity, generating annual revenues close to one billion shekels, driven by strong demand due to an aging population and consistent growth.
The company reported a revenue of approximately 1.5 billion shekels annually, with an average growth rate of 10% over the past five years. Despite challenges from the "Roaring Lion" military operation in early 2026, which temporarily impacted security and accessibility service revenues, Tigbur demonstrated resilience with a 6% revenue increase to 252 million shekels in Q1 2026. The group employs around 20,000 workers, serving approximately 35,000 households monthly.
A key differentiator for Tigbur is its deep integration of technological solutions and artificial intelligence. The company developed and commercialized Step Hear, a patented accessibility system enabling people with disabilities to navigate public spaces independently via a dedicated app or personal remote device. This technology is implemented in major Israeli projects such as the Jerusalem Light Rail, Laniado Hospital, and municipalities including Netanya and Ramat Gan, and is also marketed internationally.
Tigbur is expanding into smart security and building maintenance through its subsidiary Reshef Security, combining physical security services with AI-based technologies, drones, access controls, and surveillance for financial institutions, data centers, and public bodies. The group holds strategic long-term contracts with key organizations like Mekorot, the National Insurance Institute, the Diamond Exchange, Amidar, and the Central Election Committee.
Financially, Tigbur maintains a strong balance sheet with equity of about 212 million shekels, cash reserves between 75 and 100 million shekels, and income-generating real estate valued at approximately 77.2 million shekels. In May, institutional confidence was reinforced by a private share allocation worth 36.5 million shekels to Mor Pension and Provident Fund, potentially increasing to 70 million shekels including options. This capital injection supports planned acquisitions in nursing and technology sectors to accelerate growth.
Tigbur’s diversified operations, combining stable cash flows from nursing with growth engines in AI and smart security, experienced management, debt-free balance, institutional backing, and a robust pipeline of tenders position it as a compelling investment opportunity. The stock currently trades at a forward price-to-earnings ratio of 15, considered reasonable within the industry, with prospects for continued business improvement and value creation.
Summary: Tigbur Group, an Israeli manpower and nursing services company, is successfully integrating AI and technology to expand its offerings and drive growth, maintaining strong financial health and institutional support despite recent security challenges.
