On October 7th, the “Swords of Iron” war broke out
The lives of tens of thousands of children
from the South to the North of Israel
were instantly changed

Their home is no longer safe
They have nowhere to return to
They are refugees in their own country, drifting

They so wanted to celebrate their birthdays…

Bakehila’s “Birthday Angels”
made their dreams come true
and turned the most important day of their year
into a meaningful celebration

Young angels, volunteers
with warmth, hope, and love
ease the trauma
returning smiles to their faces

Bakehila- Leading Social Change was founded in 2002
by Erel and Debbie Margalit
and has changed the lives of over 55,000 at-risk children
Jews and Arabs, from all across Israel
with over 1,000 “Year of Service” volunteers.

A Defining Moment for Cybersecurity, for JVP, and for Israel/US Cooperation: CyberArk’s $25B Merger with Palo Alto Networks

Blue lion silhouette facing left beside bold blue letters “JVP” on a transparent background.
A large group of people celebrate at the Nasdaq podium, surrounded by falling blue confetti, with stock market screens displaying company logos and prices in the background.

Last week marked a moment of both pride and reflection for all of us at JVP. The announcement of CyberArk’s $25 billion acquisition by Palo Alto Networks is not just a landmark deal in the cybersecurity landscape—it’s a powerful validation of the JVP Way, our approach to company building that continues to define our firm today.

While we are no longer CyberArk shareholders, having exited our position a few years after its IPO, we were proud to have been CyberArk’s leading and largest shareholder from its early days to several years after it became a public company and its emergence as an international category leader. While I was Chairman of the company, we partnered closely with the founders during the most formative years of its journey. Back in 2011, when many investors were ready to sell the company for $120 million, JVP chose to reinvest and increased our position to 47%, buying out early shareholders, bringing in Goldman Sachs as an equity investment partner, and partnering with management to lay the foundation for a strong international expansion. That pivotal moment gave the company the opportunity to scale into a true global market leader. 

CyberArk has always been ahead of the curve—pioneering insider threat protection, secrets management, machine-to-machine authentication, and most recently, preparing the world for secure Agentic-AI infrastructure. Its merger with Palo Alto Networks positions it to lead the AI era with a fully integrated, end-to-end security platform. 

We invite you to revisit JVP’s unique role in CyberArk’s growth in this Forbes featureReuters press, and from CyberArk’s newsroom.

This milestone is a reminder that JVP’s tried and true approach – invest, reinvest, roll up our sleeves, and work diligently alongside founders and management teams to build category leading global companies – works. The JVP Way, developed over 30 years, is what enables JVP to build companies that lead and transform industries to the benefit of our investors.

Today, we continue to apply the same methodology to our current portfolio with company after company surpassing the $100 million revenue threshold, with JVP owning 40% or more, as they too become category-leading international businesses.