Albar Mimunit Services Ltd. has completed a successful bond issue, which raised approximately NIS 473 million. Albar is a business focused on car leasing, fleet operation and management for businesses and organizations. Goldfarb Gross Seligman advised the issuer, led by Gur Nabel, Head of the Capital Markets Practice, Corporate and Capital Markets Department, together with […]
Author: Idan Nishlis
Israel-based public company, PainReform has completed two transactions, involving the registered direct offerings of ordinary shares and warrants, as well as a concurrent private placement of warrants. PainReform is a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics. The matters were led by Greenberg Traurig Tel Aviv Shareholder Gary Emmanuel, with the support of NY Shareholders Mark […]
FLORA Ventures announced the launch of its USD 80M fund, and its first closing with commitments of USD 50M, making it the largest Israeli-based AgriFood VC. According to IVC data, it is the largest Israeli new VC fund to have completed a first closing during 2023 across all tech investment verticals. Herzog advised Flora Ventures, led […]
French giant Thales is buying the Israeli cyber company Imperva for USD 3.6 billion from private equity firm, Thomas Bravo. Cleary Gottlieb represented Thales. Meitar represented Thoma Bravo, with Ariel Aminetzah, Dorin Pendus, Dr. Michael Bricker, Vered Lapushin and Sefi Rubin advising on the deal. Founded in 2022, Imperva’s products help organizations protect critical applications, APIs, and data. The company’s […]
Major amendments passed their first readings in the Knesset. First, it is proposed to prohibit judicial review of the reasonableness of government decisions. Second, it is proposed to abolish the Israel Bar Association. How will this impact the Israeli business scene? The Jerusalem Post examines.
Israel Energy and Infrastructure Ministry said that Out of the nine companies, five are new players in the Israeli market, the ministry said, without disclosing the names of the bidders. Read more in the Times Of Israel.
Israel Electric Corp. (IEC) has canceled the Eshkol Power station tender and announced a pricing procedure. Last month Eshkol Power Energies, a consortium of Dalia Energy Companies (TASE: DALIA) and Ta’avura won the tender with a huge bid of NIS 12.4 billion, far more than the NIS 7 billion bid by under-bidder OPC Energy (TASE: […]
Alma Lasers has completed the acquisition of PhotonMed international, a leading Chinese medical aesthetic distributor. Arnon, Tadmor-Levy acted for Alma Lasers, a world leader in energy-based medical and aesthetic solutions, in the acquisition of PhotonMed, in a significant milestone in Alma’s continued growth and one of the largest M&A transactions between Israeli and Chinese companies […]
Worldwide leader in technology, Cisco Systems has agreed to buy start-up Boston-based Oort, a company focused on identity threat detection and response (ITDR) technology, in a deal expected to close next year. The company has already bought a string of Israeli companies. Goldfarb Gross Seligman represented Cisco in the Israeli aspects of the transaction and worked […]
Fondue has been acquired by Postscript – the leading SMS marketing platform for Shopify. DLA Piper advised New York-based Fondue on the sale, while Fenwick acted for Postscript. Co-founded by Israelis, Fondue is a developer of a mobile application designed to turn refunds into a growth channel for clients’ businesses, while Postscript is a developer of […]
