International, technology-powered real estate brokerage, Real Technology Broker on the acquisition of 100% of the issued and outstanding equity interests of Expetitle, Inc. for aggregate cash consideration of USD 8.2 million. Founded in 2019, Expetitle has developed technology that simplifies the paper-intensive and time-intensive title and eEscrow process, reducing errors and saving time. Agents can navigate the […]
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Arad Group, a world leader in water metering, has won a bid worth NIS 90 million for Meniv Rishon’s tender to supply and maintain a remote water meter system, after their petition to cancel the Cellcom’s win was successful. The District Court accepted Arad’s claims that Cellcom was not eligible for the tender due to a […]
SKY Israel private equity firm has closed a USD 350 million fourth fund, bringing its total under management to USD 800 million. Founded in 2005, SKY focuses its attention and investments on mature Israeli companies. Meanwhile, Israeli VC firm, Entrée Capital closed its own fourth Israel-focused early-stage fund and its second Israel-focused early growth fund, […]
Private equity fund AP Partners, together with Discount Capital, the investment banking arm of the Discount Group, have acquired Tomatech Seeds and Nirit Seeds for NIS 200 million. The two target companies specialize in identifying genetic markers in vegetables and breeding vegetable seeds, primarily tomatoes. AP Partners was supported by partners and associates from various […]
Bank Leumi has completed the expansion of two bond series (179 and 182), in the total sum of NIS 3.2 billion. Both series are rated AAA by S&P Global Ratings and Midroog. Agmon & Co. Rosenberg, Hacohen & Co acts for Leumi on this issuance, with the matter led by partner Ran Shalomand associate Marom […]
Biotech company Pluristem has reached a landmark collaboration with Israel’s largest food conglomerate Tnuva to establish a unique cultured food platform aimed at cultured meat, with the option of expanding into cultured fish and dairy. This platform will be based on Pluristem’s technological expertise in mass-scale, cost effective, consistent cell production. As part of the […]
Naschitz Brandes Amir announced the completion of its merger with Lamay Sider Rahat Tsiddon Fink effective December 31, 2021. The combination will expand the firm’s collective capabilities in important industries, including the Agricultural Settlement sector (kibbutzim and collective settlements), Communications & Media, Information Technology, Energy & Infrastructure, Medical Cannabis, and more. Key practice areas with […]
White & Case M&A Explorer reviews the deal making landscape from 2021. Deal value exceeded US$1 trillion in every quarter for the first time in history, in just one example of the record-shattering 2021. Global dealmaking was consistently strong in 2021, with the value topping US$1 trillion in each quarter for the first time on record. […]
A group of four companies, sister companies to the credit card company Max and controlled by leading global private equity fund Warburg Pincus, have completed a complex four-party merger. Gornitzky, led by partners Elite Elkon and Alon Peled, with senior associate Rafael Shafransky, represented the companies, which together will be merged into a single company […]
The report by IVC Data and Insights and Meitar covers all Exits, Unicorns, Financing Rounds IPO’s and much more. In 2021, Israeli high-tech companies enjoyed a record of capital investments, raising $25.6 billion in 773 deals. This exceptional amount was 146% higher than the annual 2020 amount, mostly due to the large number of deals over […]
