Israeli Cybersecurity startup Cyera secures USD 100 million Series B at $500 million valuation. Funding was led by Accel with participation from existing investors Sequoia and Cyberstarts. Meitar represented Cyera in this transaction, with a team led by Shira Azran, with partners Hila Silverstein and Michal Weiner. Goldfarb. Gross Seligman represented Accel Partners, led be partners […]
Author: Idan Nishlis
The Israel Competition Authority (“ICA”) has announced it was s considering declaring the banks a concentration group. Competition Commissioner Michal Cohen met with Governor of the Bank of Israel Professor Amir Yaron to discuss the move. Read more in Jerusalem Post and Globes. Meanwhile, Wissotzky Tea was last week declared a monopoly in the green tea and […]
Real estate company Azrieli Group announced a huge deal last week whereby it will sell its 32% stake in Dallas-based Compass Data Centers to Canadian investment fund Brookfield Infrastructure Partners and the Ontario Teachers’ Pension Plan, for NIS 3.2 billion. Azrieli Group is not alone. This is the third deal in the past year in […]
Israeli hi-tech founders often dream of an exit (mergers and acquisitions, or M&A) deal. How does an Israeli tech company exit at a good price? A corporate auction may sometimes improve the starting price, but how does a seller company get to the best starting price in the first place? And what are potential buyers […]
The UAE and Israel will look to expand mutual investment and manufacturing under a deal signed between the Ras Al Khaimah Economic Zone (RAKEZ) and the Israeli Manufacturers Association (IMA). The Memorandum of Understanding (MoU) calls for the two sides to collaborate to create investment opportunities and expand the operations of industrial companies, the UAE’s WAM reported. […]
Representatives from Seoul and Jerusalem signed the Seoul Leadership Summit’s Seoul Manifesto at the inaugural Korea and Israel One Network (KION) conference last week. The declaration calls upon the countries to increase bilateral relations in politics, business, culture, media, religion, education and humanitarian aid. Read more in Jerusalem Post.
Salesforce’s presence in Israel dates back to 2011 when it acquired the Israeli start-up Navajo Systems. Since then, Salesforce Israel has evolved into an essential research and development (R&D) hub, focusing on AI-powered big-data marketing intelligence, AI analytics, voice technology, security, and field service solutions. The company has made strategic acquisitions in the Israeli market, […]
Millennium Logistic Parks (“MLP”), a Polish company traded on the Warsaw Exchange, has issued Series F bonds worth €29 million. The Israel Land Development Company (ILDC) holds (directly and indirectly) approximately 41% of the shares of MLP. Taylor Wessing advised MLP GROUP S.A., a leading owner and developer of modern industrial and logistic parks, and city […]
The largest tourism company in Israel, and owner of extensive real estate, Ista has raised NIS 257 million through a bond issuance. S. Horowitz advised Ista, with partner Amir Assali and Eden Halpert acting in the transaction. The proceeds will allow the company to accelerate its business plans, mainly in real estate. The fundraising was led by Barak […]
Azrieli Group has confirmed its plans to sell Canadian company Compass Data Centers at a valuation of USD 5.7 billion to a consortium led by Brookfield Infrastructure Partners LP (“Brookfield”) and existing investor Ontario Teachers’ Pension Plan. Azrieli Group holds 32% of the company. Goldfarb Gross Seligman advised Brookfield, with support from the International Corporate […]
