SPAC company Gesher I Acquisition Corp in USD 435 million merger with Jerusalem start-up
Categories: Corporate and M&A, Hi-Tech
Gesher I Acquisition Corp, a SPAC company, has merged with Freightos Limited, a Jerusalem start-up that operates a leading platform for international shipping and payments.
The value of Prytus for the merger is estimated at USD 435 million.
Gesher is represented by Bryan Cave Leighton Paisner and by Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron, led by Doni Toledano, Shay Dayan, Nitzan Aberbach, Alon Abramovich, and Racheli Harel; Lior Etgar and Amir Noy in terms of privacy; and Hadas Erenberg in terms of labor law. DLA Piper is representing the Freightos in this transaction.
