According to a special IVC-Meitar report, there are some interesting statistical takeaways on the differences between the public and private markets and Israeli tech. The median valuation of the 24 Israeli companies that went public between May 2020 and July 2021 declined by 15% from the IPO price, whilst the median valuation of the 31 […]
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Pearl Cohen welcomes two new partners – Rozan Khater and Amir Zaarur to its Internet and Capital Markets Groups. Rozan joins as a partner in the Internet, Cyber and Copyright Group, bringing extensive experience from over 12 years as a Senior Privacy Officer in the Global Privacy Department at PPD, a leading Clinical Contract Research Organization, and […]
In yet another transaction in the fintech space, GK8 Ltd. has been bought by crypto lending platform Celsius Network Ltd. for an amount believed to be USD 115 million. Yigal Arnon has represented Israeli crypto custody technology firm, GK8 since its incorporation all the way through the successful exit. Our team was led by partners […]
Biotech company Immunai has closed a major investment from Koch Disruptive Technologies, which was lead investor alongside other new and existing investors. Immunai works to map the immune system with single-cell biology and AI to power new therapeutic discoveries, accelerate drug development and improve patient outcomes. The investment of appx. USD 215 million will allow […]
SoftBank takes stake in Israel’s most active venture capital firm, OurCrowd. The Japanese tech giant’s USD 25 million investment is being made through SoftBank’s Vision Fund 2, in exchange for an undisclosed stake in the company. White & Case acted for SoftBank, led by London partners Daniel Turgel and Emmie Jones, together with associate Francis […]
Gross Law Firm (GKH) hosted a webinar on “Trends and Best Practices in International M&A Transactions”. Topics included M&A trends in the US, M&A trends in Israel, deal terms, tax issues and pre-merger preparation and post-merger integration. Instrumental in the event was the wider Gross legal team, notably Dr. Ayal Shenhav, Adv. Rick Mann and […]
Shlomo Insurance, Harel Insurance & Finance, and CIM Group of the US have acquired Cathedral Square, a Three-Building Office Campus in Guildford, Surrey, close to London, for appx. NIS 288 million (GBP 66 millilon). Gornitzky acted for Shlomo Insurance with partners Alon Peled and Assaf Harel, together with associate Rebecca Genis. Taylor Wessing head of real estate Keith Barnett led the team advising CIM during […]
Uniphore Technologies completes acquisition of Israeli software company Jacada, the leader in Conversational Automation, in an all-cash transaction. Uniphore was represented by Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron Partners Doni Toledano, Jonathan Achiron, Nitzan Aberbach (Options), Lior Etgar (Privacy), Michal Rothschild (Competition), Yael Benyayer and Moty Yamin (Capital Markets), along with attorneys […]
Clal Insurance Company, Menora Insurance Company, and Amitim Pension Funds has acquired the CBS Building in New York City together with Harbor Group International. The Greenberg Traurig team was led by Lawrence Sternthal, together with Aaron R. Katz and Ephraim Schmeidler.
Wi-Fi chipsets manufacturer Celeno Communications, Inc. has been bought for USD 315 million by Renesas Electronics Corporation, a Japanese public company and a premier supplier of advanced semiconductor solutions. The Goldfarb Seligman team was led by partner Michael Heller, and comprised associates Daniel Kahn and Matan Katzman, and intern Nour Gandour of the firm’s International […]
