Rami Levy Real Estate completes NIS 520m IPO
Israeli property development and investment company Rami Levy Real Estate has completed its IPO on the Tel Aviv Stock Exchange in one of the largest and most significant stock offerings in Israel in recent years.
The company completed a capital raise (shares and options) for a total of NIS 520 million, at a company value of approximately NIS 2.95 billion (according to the money).
Erdinast, Ben Nathan, Toledano led the company through the IPO process over the past year, with the IPO led by partners Moti Yamin and Jonathan Chaimi Ehrenreich, together with Anastasia Schiff.
In a separate matter, Apax Israel, an Israeli private equity firm investing across technology, services, and consumer-facing sectors, acquired a 50% stake in HFD, an Israeli delivery and logistics company operating a nationwide network of delivery points, parcel lockers, and logistics centers in Israel and abroad.
The transaction values HFD at approximately USD 55 million and strengthens Apax Israel’s position in Israel’s logistics and last-mile delivery market.
EBN advised Apax Israel on the transaction, with the team including Doni Toledano, Eyal Wiesel, Tamar Lia Toledano, and Gasan Ashhab, with support from Irina (Iris) Kushel, Assaf Hadar, Ariella Mankowitz (M&A), Miriam Kleinberger, Eyal Birenberg (Labor), Michal Rothschild, Shelly Wechselmann Bach (Antitrust), Dr. Eran Lempert, Tal Alon (Tax), Lior Etgar (Privacy), and Daphna Shalev Korenblit (Regulation).
