Abu Dhabi funds led by Abu Dhabi Development Holding Co. (“ADQ”) are in talks to buy a stake worth about USD 855 million in Israeli financial services firm and Israel’s largest insurance company, Phoenix Group, as the United Arab Emirates expands into the country after normalizing ties two years ago. ADQ is set to acquire […]
Author: Idan Nishlis
Delek Group Ltd. Mediterranean energy exploration unit NewMed Energy, formerly Delek Drilling, and Moroccan energy company Adarco have signed agreements for oil and natural gas exploration and production activities in the Boujdour Atlantique exploration license, which is situated in the Atlantic Ocean off the coast of Morocco. Agmon & Co., Rosenberg Hacohen & Co.’s Dan […]
This year’s fastest growing company in Israel is travel-tech company Holisto, founded in 2015, and has enjoyed average annual growth of about 460% between 2018 and 2021 and revenues of USD 15.1 million. This was one company listed in the Fastest Growing Companies in Israel. “The Fastest Growing Companies in Israel” is a list of […]
According to industry experts, the cost of cybercrime worldwide will increase by 15% annually in the next five years, and by 2025 that cost will reach USD 10.5 trillion per year. If cybercrime were a country, it would have the world’s third-largest economy, after the US and China. Furthermore, says American security company Norton, more […]
Israeli company Lumen, which has developed a handheld device to measure metabolism through the breath, has recently raised USD 62 million via a Series B funding round led by Pitango Growth. Participating investors include Disruptive VC, Unorthodox Ventures, Hanwha Group, Resolute Ventures, RiverPark Ventures, and Almeda Ventures. The H-F & Co. team included Yuval Oren, […]
Hong Kong corporation, Animoca Brands Ltd. has acquired Israeli start-up, TinyTap Ltd., which has developed a platform enabling the creation of educational games for children without prior knowledge in programming. FBC & Co. (Fischer) acted for Animoca Brands, led by Eran Yaniv and Asaf Gabay, partners in the Hi-Tech practice; together with Yuval Peled, a […]
Leonardo DRS Inc., a leading defense technology innovator, has completed its dual listing on Nasdaq and Tel Aviv Stock Exchange, following its successful merger with RADA Electronic Industries Ltd. Leonardo DRS, Inc., headquartered in Arlington, Virginia, develops and manufactures advanced defense products for the U.S. military, intelligence agencies and allies around the world. Herzog advised DRS, led by […]
Israeli energy storage company Tigo Energy has agreed a SPAC merger with Roth CH Acquisition IV at a company valuation of USD 600 million. White & Case advised Tigo Energy, a leading provider of intelligent solar and energy storage solutions. The team was led by M&A partner Bryan Luchs, and Capital Markets partners Colin Diamond (both in New York) […]
Infront Sports & Media, a Switzerland-based company and a global leader in the sports media and marketing industry acquired Pico Media Moments. Gross Law Firm (GKH) represented Infront Sports & Media in the acquisition transaction – Partners Amir Raz and Oren Kedmi of the Hi-tech and Venture Capital department, Ella Tevet, Head of the IP […]
Israel Electric Corporation Ltd (IEC) raised a total amount of approximately NIS 2.3 billion, in a successful bond issue. The successful issuance was led by Herzog’s partner Yehuda Aharoni (Hommfor) and attorney Nitzan Sraya Mulla.
