In June 2025, just one day after the U.S. formally joined the regional conflict, Herrick partner Yariv Ben-Ari, co-chair of the firm’s Israel Practice Group, sat down with Menachem (Meni) Neeman, Deputy CEO and Chief Legal Counsel of The Phoenix Group—Israel’s largest financial institution—for a candid conversation on leadership under wartime conditions. Neeman describes how Phoenix has responded […]
Author: Idan Nishlis
Global small business platform Xero, headquartered in New Zealand, has acquired Melio, an Israeli-founded fintech company streamlining accounts payable and receivable for U.S. small businesses. The deal marks another milestone for the Israeli fintech sector. The acquisition is expected to be funded through a mix of cash and equity, with an upfront consideration of USD2.5 […]
After recent Iranian missile attacks, dozens of Israeli small enterprises—restaurants, shops, and service providers—suffer property and equipment damage. These businesses now await verification and payout from the Israeli Tax Authority, which administers the government relief program Owners report sluggish processing times, unclear eligibility criteria, and stalled reimbursement despite incurring thousands of USD in repair costs. […]
Israeli startups pulled in a staggering USD 9.3 billion in funding during the first half of 2025, marking the highest performance since 2022. Even without the extraordinary USD 2 billion raise from AI firm Safe Superintelligence—which straddles Palo Alto and Tel Aviv—capital inflows remain strong at USD 7.3 billion, far outpacing the total USD 10 billion raised across all of 2024. Enterprise software […]
There has been a cumulative jump of about 7% in the leading Tel Aviv-125 Index, since the successful surprise attack in Iran on June 13, makes the TASE one of the best performing stock markets in the world since the beginning of the year (after South Korea, Hungary, Poland and Russia), and the best in […]
Merlin Ventures, a Tel Aviv–based venture capital affiliate of Merlin Group, has closed an oversubscribed inaugural fund of more than USD 75 million to invest in early-stage Israeli cybersecurity startups. The vehicle, led by Managing Partners Seth Spergel and Shay Michel with support from Merlin Group CEO David Phelps, fast-tracks disruptive technologies into U.S. federal markets and co-invests with top U.S. funds.
Israel-based digital advertising and AI video platform Viewbix Inc. successfully uplisted from OTC Markets to the Nasdaq Capital Market under the ticker VBIX, marking a pivotal step in its growth strategy. Specializing in data-driven ad-tech and content monetization, Viewbix offers performance-based marketing solutions across video and connected TV for global brands and publishers. A cross-border […]
CyberArk Software Ltd., a U.S.-listed Israeli cybersecurity company specializing in identity security solutions, has completed a USD 1.1 billion upsized private offering of convertible senior notes due 2029. The transaction closed in June and CyberArk intends to use the proceeds for share repurchases and general corporate purposes. Latham & Watkins advised CyberArk on the offering and Goodwin […]
Teva Pharmaceutical Industries Ltd. completed a comprehensive USD 2.3 billion senior bond offering accompanied by a coordinated tender offer designed to refinance and optimize its debt capital structure. Israeli law firm Herzog represented a syndicate of top lenders—including BNP Paribas, BofA Securities, HSBC, and J.P. Morgan—on Teva Pharmaceutical Industries Ltd.’s USD 2.3 billion senior bond issuance and parallel tender offer. Herzog’s […]
Econergy Renewable Energy Ltd., a leading Israeli player in the renewable energy sector, has raised approximately NIS 250 million through a private placement of shares to institutional investors. The transaction, completed amid Israel’s ongoing economic uncertainty, signals strong investor confidence in Econergy’s long-term strategy and in the broader clean energy market. Erdinast, Ben Nathan, Toledano […]
