Israeli company Perion Network has announced the acquisition of Hivestack for USD 100 million in cash, with potentially a further USD 25 million structured as a three-year employee retention and performance-based payment plan. Montreal-headquartered Hivestack has developed a digital out-of-home (DOOH) advertising platform which aims to transform ordinary public spaces into dynamic experiences, engaging audiences […]
Author: Idan Nishlis
AppsFlyer, the global leader in marketing measurement, attribution, and data analytics, has announced its acquisition of oolo, a leading AI-powered user acquisition and monetization decision-making platform. Arnon, Tadmor Levy represented AppsFlyer, the Israeli unicorn, which has reached USD 400 million in Annual Reccurring Revenue (ARR), while Herzog acted for oolo. It is hoped the acquisition will accelerate […]
The Internal Revenue Service announced tax relief for U.S. individuals and businesses affected by the terrorist attacks in the State of Israel. These taxpayers now have until Oct. 7, 2024, to file various federal returns, make tax payments and perform other time-sensitive tax-related actions. Click here to read the full article.
Managing Partner Gil White and partner Ran Hai attended the prestigious London event, capping off an impressive year in M&A.
Clal Insurance and Finance, one of the leading insurance and long term savings companies in Israel, has issued bonds with a total value of NIS 500 million. Goldfarb Gross Seligman acted for the issuer, led by Adva Bitan, Head of the Securities Practice, Capital Markets and Corporate Department, and Matan Kaddar, associate in the same department.
“Pazkar” is a leader in the development and production of waterproofing products for the construction and infrastructure market. It was an honor to work alongside Paz and be a part of this significant project, and we wish to congratulate them on their success. Herzog advised Paz, led by partner Niv Sivan, along with associates David Azimov and. Danielle […]
Cost of living, economic uncertainty and, in the last quarter, war: these are among the distressing headlines during 2023. While the impact for 2024 is yet to be fully understood, many businesses have continued pragmatically with their dealmaking. With entrepreneurship and innovation at the heart of the Israeli economy, there remains overwhelming support for Israel’s […]
CartiHeal, a privately-held medical device company with headquarters in Israel, has been bought by Smith+Newphew, a global leader in sports medicine, for up to USD 330 million. CartiHeal develops the Agili-C implant, a novel technology for cartilage regeneration in the knee, Shibolet advised CartiHeal, its founder and CEO on the transaction. The Corporate team comprised Einat Weidberg, Dani Kariv, […]
Israeli tech firm Innocom, a well-known product distributor within the Aman Group, made a strategic move into the Observability field by acquiring Webiscope, in a deal valued in the millions of shekels. This acquisition expands Innocom’s product portfolio and enhances Webiscope’s existing customer base. In another example of the Israeli hi-tech sector’s resilience despite the […]
SYN Ventures has launched a fund for investments in Seed companies in cyber, and has so far raised more than USD75 million. The final closing of the fund is expected by the end of the year. “Since the beginning of the war, investors from both the new fund and previous funds have been in touch […]
