Clean tech, agriculture, and food & beverage are among those presenting the largest opportunities, says Bank Leumi USA President, Avner Mendelson. Speaking of the normalization deals with UAE, Yariv Ben-Ari explored the developing relationship in a December webinar for Herrick: “Doing Business in the UAE: Insights on the Ground & Outlook on Opportunities.” “The main impact is […]
Author: Idan Nishlis
Gornitzky & Co. acted for PlanetArc Bio Ltd. in its IPO of shares and warrants on the Tel Aviv Stock Exchange, making them the first company to do so in 2021. Demand for shares in PlanetArc Bio was very high during a public tender, leading to a post-IPO company value of NIS 60 million. PlanetArc […]
Taylor Wessing and Naschitz Brandes Amir have advised on the USD 95 million funding round for UK fintech company, Curve, ahead of a planned U.S. launch and further European growth. Taylor Wessing represented Curve on the Series C fundraising, building on previous work with Curve including its USD 55 million Series B funding round in […]
Israeli mobile gaming company Playtika has filed with the U.S. Securities and Exchange Commission for an IPO on NASDAQ. In an updated prospectus, the Herzliya-based gaming firm says it plans offering shares worth about USD 1.6 Billion at a company valuation of between USD 8.6 Billion and USD 9.4 Billion, with half the sum in […]
Herzog Fox & Neeman advised Enlight Renewable Energy, on a deal to refinance five photovoltaic power plants with a total 83MW output for over NIS 1 Billion. The project secured funding from a group of lenders led by Bank Leumi. Partners Adam Eytan, Limor Shecter, Shira Margalit and associate Lidor Alfandri advised on the deal. […]
Earlier in November 2020, Herrick’s Yariv Ben-Ari moderated a panel which discussed the 2021 outlook in the sectors of hospitality and aviation and conversation covered the impacts of the current market, U.S. real estate opportunities and the current state of hospitality and aviation.. The panel featured Yoram Elgrabli, Managing Director, North and Central America, El Al […]
Israeli startups raised over USD 900 million in December 2020, according to press releases from the companies and their investors. The figure may be more as some companies prefer to remain in stealth and sometimes do not publicize the investments they have received. Israeli tech companies raised USD 8 Billion in the first nine months […]
Jared Kushner’s family firm Kushner Companies has filed to raise USD 100 million in bonds on the Tel Aviv Stock Exchange (TASE), reports The Wall Street Journal. Kushner Companies has confirmed the plans, which could reportedly take place in the first quarter of 2021. The deal would be the company’s first capital raise on the […]
DLA represented U.S. company Paradox in its acquisition of Israeli AI chatbot startup Spetz.io, a chatbot program that uses AI to conduct customer automation and which assists human resources departments in the recruitment process. The Israeli startup has so far raised USD 750,000 in private funding from the startup accelerator program Fusion LA that works […]
Israeli defense electronics company, Elbit Systems Ltd has bought U.S. undersea warfare company Sparton for USD 380 million. Elbit owns several companies in the United States through its American subsidiary, Elbit Systems of America, which signed a definitive agreement with an affiliate of Cerberus Capital Management L.P. for the acquisition of Sparton Corporation for USD […]
