Shlomo Insurance, Harel Insurance & Finance, and CIM Group of the US have acquired Cathedral Square, a Three-Building Office Campus in Guildford, Surrey, close to London, for appx. NIS 288 million (GBP 66 millilon). Gornitzky acted for Shlomo Insurance with partners Alon Peled and Assaf Harel, together with associate Rebecca Genis. Taylor Wessing head of real estate Keith Barnett led the team advising CIM during […]
Author: Idan Nishlis
Uniphore Technologies completes acquisition of Israeli software company Jacada, the leader in Conversational Automation, in an all-cash transaction. Uniphore was represented by Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron Partners Doni Toledano, Jonathan Achiron, Nitzan Aberbach (Options), Lior Etgar (Privacy), Michal Rothschild (Competition), Yael Benyayer and Moty Yamin (Capital Markets), along with attorneys […]
Clal Insurance Company, Menora Insurance Company, and Amitim Pension Funds has acquired the CBS Building in New York City together with Harbor Group International. The Greenberg Traurig team was led by Lawrence Sternthal, together with Aaron R. Katz and Ephraim Schmeidler.
Wi-Fi chipsets manufacturer Celeno Communications, Inc. has been bought for USD 315 million by Renesas Electronics Corporation, a Japanese public company and a premier supplier of advanced semiconductor solutions. The Goldfarb Seligman team was led by partner Michael Heller, and comprised associates Daniel Kahn and Matan Katzman, and intern Nour Gandour of the firm’s International […]
Mishkei Hakibbutzim is to acquire control of the public company, Meshek Energy, in a transaction valued at over NIS 2 Billion and creating one of the largest and most diverse energy groups in Israel. Mishkei Hakibbutzim, a major commercial organization of the kibbutzim in Israel, will sell to Meshek Energy 40% of its holdings in […]
Bank Hapoalim has completed the pricing in an international private placement with financial institutions of contingent convertible bonds (CoCo) amounting to USD 1 billion. Demand for the bonds totaled USD 2.6 billion. In order to diversify the bank’s investor base and optimize its capital structure, Bank Hapoalim issued the bonds in accordance with the Green […]
Space-Communication Ltd. has sold 51% of its share capital to a subsidiary of 4iG Plc., a leading Hungarian IT and telecommunication company whose shares are traded on the Budapest Stock Exchange. The sale was completed in consideration for NIS 221 million. Listed on the TASE, Space-Communication is a satellite communication service provider with customers located […]
General Atlantic is leading a capital raising of USD 150 Million for Tel Aviv-based Hibob, which, at a USD 1.65 Billion valuation, has become Israel’s newest unicorn. The funding round set to be announced in the near future is being led by General Atlantic and will include Hibob’s previous investors. Tadmor Levy & Co. acted […]
Cato Networks has raised USD 200 million, at a valuation of USD 2.5 billion. Founded in 2015, Cato Networks has developed a cloud-based network that enables secure, rapid, and affordable enterprise communications. It is active in the field of SASE, which is one of the most rapidly developing sectors of the IT industry. The company […]
Yair Geva, head of the Tech Division at Herzog Fox & Neeman, writes about how Fintech deal-making has n-e-v-e-r been hotter. Coming out of the pandemic, fintechs have proven their value in a changed world for consumers and business, with online preferred to face-to-face transactions, building on a decade of advances in mobile payments, online lending, […]
