Kafrit Group has completed the acquisition of U.S. company Badger Color Concentrates, Inc.., a leading manufacturer of color concentrates and liquid colorants to the North American plastics industry. This acquisition marks a significant milestone to Kafrit Group’s global growth journey, adding a complete line of specialty color and additive concentrates to its already highly differentiated […]
Author: Idan Nishlis
U.S. cybersecurity giant CrowdStrike Holdings is buying Israeli cloud data runtime security solution company Flow Security for a fee believed to be around USD200 million, according to Globes. The acquisition will enhance CrowdStrike’s cloud security offering with comprehensive real-time data protection spanning endpoint and cloud environments, delivering a cloud data protection platform that secures data […]
Israel could see a “start-up boom” following the Israel-Hamas war, according to Dror Bin, CEO of the Israel Innovation Authority (IIA). “Periods of difficulty are actually very good periods in terms of creating new successful ventures,” Bin told The Jerusalem Post. “Most of the most successful ventures were created during times of downturn.” Read more in the […]
The start-up Exodigo has raised USD105 million for underground mapping. The product developed by the company is based on AI and produces a three-dimensional map of the land, saving unnecessary digging. The fundraising consists of a USD75 million Series A and the conversion of USD30 million secured in SAFEs in its Seed round. Meitar has […]
Albar has raised NIS546 million through an offering of TASE-listed bonds. Albar is a business focused on car leasing, fleet operation and management for businesses and organizations. Goldfarb Gross Seligman advised the company, with the transaction led by Ofer Hanoh, Head of the firm’s Banking and Finance Department, partner Yigal Binyamini, and associate Yonatan Nagar.
Brothers, Yossi and Shlomi Amir have acquired 24.99% stake in Israeli supermarket chain, Shufersal. Discount Bank will provide the financing – amounting to NIS700 million, according to Calcalist – for the acquisition of control of Shufersal. The brothers will buy the shares from six institutional entities: Nora, Harel, Clal, Migdal, Phoenix and Altshuler Shaham. Shibolet […]
The Tel Aviv District Court has dismissed Vesttoo’s huge NIS768 million claim against the company’s founder Alon Lifshitz, and former senior executives. In dismissing the proceedings against the defendants, citing insufficient evidence to support the allegations, the verdict marks the end of a prolonged legal battle that has been closely watched by the business community. […]
Colorado-based Ibex Investors raises USD106 million fourth Israel fund to invest in young Israeli startups. Ibex also invests in listed Israeli companies through its hedge funds. Since the launch of its first Israel-focused fund in 2012, Ibex has made 40 early and growth stage investments in Israeli startups. Among the firm’s portfolio companies are Visionary.ai, […]
What are the primary strategic objectives for the Israel-focused legal team in the upcoming year, and how do they align with the overall goals of the global law firm ? Our strategic objective has changed since October 7th. We had intended to push and grow our relationships but now we are more focused on consolidating […]
Eltek Ltd a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, has issued a public offering of shares, generating USD10 million. Carter Ledyard & Milburn, led by partners Steven J. Glusband and Guy Ben-Ami, acted as U.S. counsel for Eltek, with Amit, Pollak, Matalon acting as Israeli counsel.
