NSO To Be Acquired By US Investors, Ending Israeli Control of Pegasus Maker

An anonymous reader shares a report: Control of NSO Group is set to leave Israeli hands. A group of American investors led by Hollywood producer Robert Simonds has agreed to acquire the controversial spyware developer in a deal valued at several tens of millions of dollars. The transaction is expected to be signed in the coming days, though its completion will require approval from Israel's Defense Export Control Agency (DECA) at the Ministry of Defense.

Since March 2023, NSO's shares have been held by a Luxembourg-based holding company wholly owned by founder Omri Lavie. The company's lender syndicate, which had extended roughly $500 million in loans to finance a share buyback from the private equity fund Francisco Partners, transferred ownership to Lavie following the restructuring.

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