Property and Building Corp. Ltd. (PBC) has acquired Aaron Frenkel’s 37.22% stake in Gav-Yam, for NIS 3.1 billion. Gross has represented PBC, including in the closing of a finance agreement with Mizrahi-Tefahot Bank for approx. NIS 1 billion. At the end of the process, which lasted six months, Frenkel sold its holdings in Gav-Yam to […]
Author: Idan Nishlis
Dubai International Chamber has announced plans to open a representative office in Tel Aviv to facilitate trade and investment between in Dubai and Israel.
After building a network of over 1,000 ultra-Orthodox women in the tech industry, Rivka Zafrir is launching Israel’s first-ever accelerator program for female, Haredi start-up entrepreneurs. Read more here.
Capital Investment in Hospitality in a Post-Covid World – An International Conversation. Yariv Ben-Ari, co-chair of Herrick’s Hospitality and Israel Practices is joined by Jonathan Falik, Founder and CEO of JF Capital Advisors based in the U.S.; Rahul Thakrar, Partner at Boodle Hatfield based in London; and Ram Spektor, Partner at. Shibolet in Tel Aviv to discuss capital investments in […]
On the negative side, starting November 2021, there has been a fall in investments in Israeli start-ups from new investors, who had not previously invested. On the positive side, IVC-LeumiTech found that the fall in the number of investments in Israeli startups is more moderate than the downward correction on Nasdaq. The full report will […]
We catch up with Michael A. Sweet, Partner and Co-Chair of the firm’s Israel Practice Group at Fox Rothschild. You have had an Israel Desk and team for some time, what was the driving force behind that and how does it fit in with the firm’s overall strategy and focus? Michael Sweet: Fox Rothschild seeks […]
OPC Energy, a subsidiary company of Ofer Brothers Group, has acquired the full ownership rights in the Sugat power plant from Dor Alon, managed and owned by Moti Ben Moshe. The deal is one of the largest deals in the energy industry, worth approximately NIS 1 billion. This deal was accomplished in a record time, vs. significant […]
Vayyar Imaging has raised USD 108 million in a Series E financed with a USD 1 billion valuation for the 4D imaging radar company. It takes the company’s total funding over USD 300 million. The Israeli semiconductor company supplies radars to the automotive and senior care sectors, producing affordable sensors that provide detection and tracking Herzog […]
Israeli SaaS company, Coralogix has completed a USD 142 million Series D financing. Advent International and Brighton Park Capital co-led the round with participation from Revaia Ventures and existing investors Greenfield Partners, Red Dot Capital Partners, O.G. Tech, StageOne Ventures, Joule Capital Partners, and Maor Investments H-F & Co advised the company, with advice provided by partner, Yuval Oren, […]
The Israel Electric Company (“IEC”) has successfully handed over the Hagit -East power plant to the consortium of new owners, Shikun & Binui Energy and Edeltech. The sale of the 660MW East Hagit Power Plant is part of the 2018 electric grid reform in which government-owned Israel Electric Corp. is relinquishing its electricity production monopoly. […]
