Goodes' Victory Basket: Sold millions of 50% of a company he owns

The coach of the Israeli basketball team, Guy Goodes and his partner Elad Gargir, sold 50% of the ARCDB company they founded about 6 years ago, to the Nir Duvdevani team, at a value of NIS 11 million.

The company has developed technology for the construction, architecture and renovation community

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15/05/2022

Sunday, 15 May 2022, 12:55 Updated: 13:56

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Guy Goodes has quite a few winning baskets in his career as a basketball player and coach, but this time it's an exit: the national coach and his partner, who founded a company that deals with business innovation and provides technological solutions for tens of thousands of design and construction companies, joins the Nir Duvdevani group 6 years.

50% of the platform was purchased by the Duvdevani Group at a value of NIS 11 million.

ARCDB is the first technology platform of its kind in the world that has created a wide circle of collaborations between professionals who are members of the community in renovation and construction projects and in fact produces monthly transactions in shekels for registered members.

The Nir Duvdevani Group, which was recently acquired (50 percent) by the entrepreneur and businessman Avi Peretz, specializes in business consulting with a specialization in marketing and sales performance.

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Guy Goodes, coach of the Israel basketball team - Exit at a value of NIS 11 million (Photo: Avishai Finkelstein)

A dynamic community under one roof

ARCDB was founded almost 6 years ago, by Elad Gargir and Guy Goodes, coach of the Israeli basketball team and Hapoel Holon.

The technological platform was established with the aim of creating a dynamic and intensive community in the market of interior designers, architects, renovators and builders and create business opportunities for them between community members and the constructive and renovating private audience, all under one roof and using an advanced and easy-to-operate platform.

The ARCDB community has more than 1,000 professionals, and over the years thousands of transactions worth hundreds of millions of shekels have been made through it.

"Since the beginning of the Corona construction, architecture and design market Flower and People have invested their best money in fulfilling the dream of the apartment and especially in its architectural-design structure. The current acquisition will accelerate our activity in this market Hundreds of thousands of business owners in Israel, "said

Nir Duvdevani, Founder and Co-CEO of the Duvdevani Group (Photo: PR)

A revolution in the field of construction and renovations

"ARCDB has made a real revolution in the last 6 years in the field of professionals in the design and architecture industry, and helps business owners in the field, generate more revenue, connections and business opportunities with the help of technology and collaborations," says

.

"We took a low-tech field and put on a system for permanent collaborations alongside extensive exposure to a constructive and renovating private audience," Gargir added. Their growth. "

Elad Gargir, founder and CEO of Arcdb (Photo: Avishai Finkelstein)

Goodes: "We have to go to the next level"

Guy Goodes, co-founder of ARCDB: "This is an exciting step we started 6 years ago and is now moving to the next level. Connecting with the Cherry Group has been a strategic goal for arcdb in recent years to expand the company's services and provide thousands of customers with effective personal and business empowerment."

"This is real news for the business market that will now enjoy one home that has it all, both the professional services that the Duvdevani Group provides to 100,000 customers over the years and our technological solutions that have led to tens of thousands of transactions amounting to hundreds of millions of shekels," Goodes added.

ARCDB's system is location based, and features an advanced search engine alongside an extensive project gallery and personal environment area, so that within seconds users can locate relevant professionals who are physically located nearby including their profile.

Users are given the option to correspond with the professional on the platform discreetly or to get his personal contact details to view various projects and get all the information about the professionals.

The professional audience has a personal environment area for creating collaborations on selected projects.

ARCDB - A response to the community of professionals in the fields of construction, renovations, design and architecture (Photo: ShutterStock)

Value of the Cherry Group, NIS 37 million

The Cherry Group is the largest group in Israel for providing business consulting, sales maximization and empowerment services to small and medium-sized businesses, starting with the business start-up stages and the day-to-day running of active businesses.

Nir Duvdevani recently sold 50 percent of the group's shares to entrepreneur Avi Peretz at a company value of NIS 37 million, with the goal of bringing each business to record performance by providing all business services in one place, starting with finance, NLP, strategy, real estate, online sales and more. According to the group's announcement, Peretz's integration will allow the company to expand its activities to additional services necessary for the activities of businesses in Israel.

The transaction was accompanied by attorney Yaron Ayalon and the accounting firm Moshe Cohen.

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Tags

• platform

• renovation

• Building

• architecture

• exterior design

• Exit