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 […]
Author: Idan Nishlis
Israel-headquartered Galmed Pharmaceuticals, a public, clinical stage biopharmaceutical company focused on the development of Aramchol for liver and fibro-inflammatory diseases, has issued a follow-on public offering of ordinary shares and warrants. Greenberg Traurig Tel Aviv and NYC advised Galmed, led by Tel Aviv shareholder Gary Emmanuel, with the support of fellow shareholders David Huberman and Eyal Peled, and associates Michael Soumas, Omer […]
ODDITY Tech, the owner of IL MAKIAGE and Spoiled Child, has successfully listed on the Nasdaq, raising USD424 million, at a company value of USD2 billion. Herzog advised on the project, led by Ran Hai and Nir Dash, co-heads of the Corporate and Securities Department, along with partners Itay Lavi, Joshua Ravitz, Efrat Tzur, Shachar Porat, Dr. Ehab Farah and associates, Ofek Galipoliti, Roi Stauber and Yahya Qaq. Latham & Watkins […]
Europa De Hincas Teledrigidas offers construction and engineering services. The Company specializes in tunneling, pipe drilling, and hydro sheild services. Lipa Meir acted for Israel publicly listed Rimon in this EURO 31 million transaction. Co-Head of the Technology, Corporate and M&A Department, Gary Copelovitz, together with Dr. Yariv Ilan, head of Competition and Antitrust practice and Natalie […]
Wave energy company Eco Wave Power says the power station it has constructed at Jaffa Port has received its final grant from the Israeli government, marking official completion of the EWP-EDF One project. This will be Israel’s first onshore wave energy power station, and will officially be connected to the national electrical grid in the […]
Israeli Foreign Minister, Eli Cohen emphasized the trilateral cooperation between Israel, Greece and Cyprus on efforts to export natural gas from Israel to Europe and connecting Israel to Europe’s electric grid. In addition, he added that there are 100 flights a week between Israel and Greece, and close to a million Israelis visited Greece in […]
Start-up funding drops 62% year-on-year but there is an 11% increase from Q1, providing reasons for optimism. The reports for the second quarter of 2023 presents a complex and ambiguous picture regarding the current state of the Israeli high-tech industry. The most surprising data reveal signs of a recovery in raising capital for startup companies, […]
Whichever way you slice and dice it, these are challenging economic times around the world, and yet outbound real estate investments for Israeli clients are holding up well, according to a recent article in Israeli business press, Globes. Israeli businesspeople, companies, and institutional investors invested USD 2.3 billion in overseas real estate in 2022, down […]
Bids are due by September 2023 for Israel’s postal service after it completed a recovery and financial stabilization process and formulating a strategic plan for the coming years. The winning bid is expected by the first quarter of 2024. Read more in the Jerusalem Post.
One of Israel’s most recognized holding groups, Alon Blue Square Israel has completed a successful raising of approximately NIS 490 million in a public offering of two new series of corporate bonds of the company. Erdinast, Ben Nathan, Toledano & Co with Hamburger Evron’s Capital Markets Department, led by partner Moty Yamin, together with associate Ofir […]
