Fortinet Inc., a leading global cybersecurity firm, has acquired Perception Point Ltd., an Israeli company specialising in advanced protection against content-based cyber threats across email and cloud platforms. Founded in 2015, Perception Point has gained recognition for its innovative solutions in the cybersecurity landscape. Goldfarb Gross Seligman represented Perception Point, with a legal team led […]
Author: Idan Nishlis
Tiv Ta’am, a prominent Israeli retail chain specialising in non-kosher food, is entering the Asian cuisine market through its subsidiary, Israco. The group will acquire 100% of East & West, an Israeli company that imports and distributes Asian food products, for approximately NIS 121 million (USD 34 million). East & West, based in Modi’in, serves […]
A recent report from Vintage Investment Partners reveals that 2024 is expected to see a new peak in tech M&A activity. Despite challenges like geopolitical tensions and rising interest rates, Israeli tech M&A deals are showing resilience, with companies maintaining healthy valuations. The continued growth is driven by strong demand from both local and international […]
The Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation, along with the Israel National Cyber Directorate (INCD) and the U.S. Department of Homeland Security (DHS) Science and Technology Directorate (S&T), have launched a new BIRD Cyber Call for Proposals. This initiative seeks to tackle cybersecurity challenges that are of shared importance to both countries, encouraging […]
Despite the fact that war has strained finances, with a USD 9 billion budget cut in 2024, Israel’s tech sector, contributing 18% of GDP, remains resilient. The rise of AI is identified as a key opportunity, with potential to add USD 100–200 billion to Israel’s GDP over five years and create up to 100,000 jobs. […]
Michlol Finance, one of Israel’s most prominent financial services firms, has successfully issued public bonds worth NIS 233 million as part of its strategy to diversify funding. Arnon, Tadmor-Levy represented the issuer, with the transaction led by Shai Margalit, Shiri Shaham, Or Perel, and Tomer Tzach This follows a private bond issuance in May, conducted […]
Amot Investments, a leading Israeli real estate company, has successfully completed an exchange tender offer for its Series D and E bonds. The offer involved swapping these bonds for expanded Series I and J bonds, totalling NIS 610 million. This move aligns with the company’s strategy to optimise its financial structure and enhance flexibility. Agmon […]
Greystone Senior Debt BI, LTD, a subsidiary of U.S.-based real estate finance and investment firm Greystone, completed a Series A bond offering on the Tel Aviv Stock Exchange, raising approximately USD 160 million. The offering achieved the highest rating ever for this product and was three times oversubscribed, reflecting strong investor confidence. Herrick, Feinstein, represented […]
Tene Capital Fund, alongside Sharon Laboratories Ltd. and the Burstein family, has successfully sold Sharon Personal Care Ltd., the core cosmetics division of Sharon Laboratories, to Indian corporation Eternis Fine Chemicals Limited for an estimated USD 150 million. This sale marks a significant milestone, more than doubling the value of the company since Tene’s 2017 […]
CyberArk Software Ltd., an Israeli cybersecurity firm specialising in privileged access and identity security, has successfully completed a USD 370 million secondary offering. The transaction, led by Bank of America as sole book-running manager, reflects strong investor confidence in the company, which has expanded its market presence with the recent acquisition of Venafi, a US-based […]
