Business
Rothschild 11 Switching Partners Acquires a Strategic Stake in Automatic Bank Services Ltd. ('Shva')
Rothschild 11 Switching Partners ('Rothschild Partners'), an investment firm dedicated to helping Israeli businesses deliver superior products and services to their customers, announced a strategic investment in Automatic Bank Services Ltd. (TASE: SHVA), a leading payments infrastructure and technology provider based in Holon, Israel.
About this update from Automatic Bank Services Ltd.
[{"type":"text","content":"Supports Israel's payments infrastructure amid period of warSignals Rothschild 11 Switching Partners' confidence in Israeli economic resilience","length":152,"tagName":"p","attribs":{}},{"type":"text","content":"TEL AVIV, Israel, March 23, 2026 /PRNewswire/ -- Rothschild 11 Switching Partners ('Rothschild Partners'), an investment firm dedicated to helping Israeli businesses deliver superior products and services to their customers, announced a strategic investment in Automatic Bank Services Ltd. (TASE: SHVA), a leading payments infrastructure and technology provider based in Holon, Israel.","length":393,"tagName":"p"},{"type":"text","content":"The investment highlights Rothschild Partners' strong conviction in the resilience and long-term growth prospects of the Israeli economy, its dynamic business ecosystem, and the strength of the Israeli consumer.","length":215,"tagName":"p"},{"type":"text","content":""Enabling a robust, modern payments infrastructure supports greater competition, encourages innovation, and helps deliver better pricing and services to consumers," said Ishai Drori, Managing Partner of Rothschild Partners. "Shva has demonstrated a remarkable ability to deliver this service to the Israeli economy even during challenging times of war and under immense pressure."","length":400,"tagName":"p"},{"type":"text","content":""We are pleased to have Rothschild Partners on board and deeply appreciate their decision to invest in Shva," said Eitan Lev-Tov, Chief Executive Officer of Shva. "This move serves as a significant vote of confidence in our role as the operator of Israel's national critical payment systems, as we continue to drive innovation and strengthen the resilience of the nation's financial infrastructure."","length":427,"tagName":"p"},{"type":"text","content":"Alongside its financial investment, Rothschild Partners provides financial and strategic expertise to help facilitate growth.","length":125,"tagName":"p"},{"type":"text","content":""Israeli companies across sectors have shown time and again that economic and geopolitical crises can not only be managed, but also harnessed to create value," added Drori. "We are proud to partner with Shva, which has demonstrated phenomenal resilience during these challenging years by consist...