Shlomo Group is launching a nationwide network of vehicle service centers in Israel, backed by a **NIS 50 million investment**. The initiative targets private customers by offering maintenance services from the point of vehicle purchase or leasing. The company plans to hire **Indian technicians** to support its expanded infrastructure.
Apr 2026The Jerusalem Post | JPost.comNews article
Affinity Partners, backed by Saudi Arabia’s wealth fund, acquires a 15% stake in Shlomo Group’s auto and credit divisions for $110 million. This marks the firm’s first investment in an Israeli company. The deal targets expansion in Shlomo Group’s automotive financing and consumer credit services.
Affinity Partners, led by Jared Kushner, is investing approximately **NIS 570 million** into **Shlomo Group** to expand its vehicle and credit services. The funding supports the company’s ongoing growth in financial and automotive sectors. Kushner’s investment highlights continued interest in Israeli financial ventures.
Sep 2023The Jerusalem Post | JPost.comNews article
Affinity Partners, led by Jared Kushner, acquires a 15% stake in Shlomo Group’s car and credit division for **NIS 570 million ($150 million)**. This marks the firm’s first investment in Israel. The deal targets expansion in automotive financing and retail services within the region.