Kardan Real Estate has secured final approval for a major new urban development plan in West Netanya. The project, covering 345 residential units, 900 sqm of office space, and 1,600 sqm of commercial space, represents a total investment of approximately NIS 500 million. Kardan entered into a combination agreement with landowners holding around 80% of […]
Author: Idan Nishlis
Together Pharma Ltd., an Israel-based publicly traded company active in the medical cannabis industry, has secured a NIS 12 million strategic investment from Yehezkel Damri. The transaction positions Damri as a major shareholder, signaling confidence in the company’s growth potential and expanding its investor base. Pearl Cohen advised Together Pharma, with the transaction led by […]
Shanghai International Port Group (SIPG), a leading Chinese port operator, signed an agreement to sell a 25% minority interest in its Israeli subsidiary, SIPG Bayport Terminal Co. Ltd., to Israel-based infrastructure investment group Noy Fund. SIPG Bayport operates the Haifa Bayport, Israel’s most advanced container port, under a government concession. The transaction marks a strategic […]
Bank of Jerusalem has completed Israel’s first-ever mortgage securitization by a domestic bank, totaling approximately NIS 500 million. As part of the deal, the Bank of Jerusalem sold a portfolio of mortgage assets to a special purpose vehicle (SPV), Yemin Moshe 25 Bond-1 Ltd., established by an independent third party. Institutional investors financed the acquisition, […]
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 […]
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.

