With all the excitement and activity around the Tel Aviv Stock Exchange, the popularity of the Australian Stock Exchange (“ASX”) for Israeli companies looking to raise money has recently receded somewhat, but for some companies, such as Geffen Technologies, Sydney is definitely the place to be. Geffen Technologies, which develops digital tools and services for […]
Author: Idan Nishlis
Israel Competition Authority head Michal Halperin has announced she is stepping down in August after more than five years in charge so that she can focus on conducting research at Harvard University. Halperin told the Minister of Economy and Industry Amir Peretz: “After five and a half years of endeavor, I am requesting to end […]
Global financial services provider, Apax Group, has acquired Tzur Management (Tzur), a fund administration services provider. This strategic deal further enhances Apex’s geographic reach and ability to deliver high quality services to clients globally, on a local basis. Tzur Management is represented by Tadmor Levy’s co-head of M&A, Yaniv Aronowich, together with associate, Yarden Navry. Gross Law […]
As the travel industry shows signs of recovery, Israel based Guesty, a property management platform for short-term and vacation rentals, has bought a U.S. based competitor Jomu Mist (MyVR), an all-in-one vacation rental management software and channel management. This is Guesty’s third transaction in recent month, which also included a USD 50 million round D […]
Erdinast, Ben Nathan, Toledano & Co. have represented long-time client Getty Images in a USD 16 million investment in Promo.com as part of an existing strategic partnership between the two companies. Corporate and M&A Partner Lior Oren led the transaction. Promo.com was represented by Guy Lachmann, Senior Partner in the Hi-Tech Group at Pearl Cohen.
H-F & Co. as advised on two significant financings. The firm advised Salto on the USD 42 million Series B financing round of Salto, which operates in the computer software/DevsOp space. The round was led by Accel with participation by Salesforce Ventures, Lightspeed Venture Partners and Bessemer Venture Partners. This fundraising brings the total funding […]
Herzog represented fintech company Nayax in its IPO on the Tel Aviv Stock Exchange. The Nayax IPO is the largest ever technology IPO by both deal size and market cap on the Tel Aviv Stock Exchange, and is the second largest TASE IPO in the last 10 years. Founded in 2005, Nayax is a global […]
Israeli company Syqe Medical, a developer of a medical cannabis inhaler, has received nod from the Canadian health authorities that will allow the company to market its metered-dose inhaler to patients in Canada. This is the first approval given by an international regulatory authority to market a precisely dosed cannabis inhaler as a medical product, […]
Israel’s securities regulator sets out terms for Tel Aviv SPACs The terms aim to protect investors, ISA says; among the new rules: sponsors must raise minimum of NIS 400 million (USD 123 million) mainly from institutional investors. SPACs, also called “blank check” companies, are a form of a shell company set up by an entrepreneur, […]
Canadian payment technology company Nuvei Corporation (TSX: NVEI has entered into a definitive agreement to acquire Israeli crypto start-up startup Simplex for USD 250 million cash. According to IVC, the company has raised USD 18 million, mainly from private investors. This is the company’s second Israeli acquisition after buying online payment processing company SafeCharge from […]
