Israeli startups raised over USD 900 million in December 2020, according to press releases from the companies and their investors. The figure may be more as some companies prefer to remain in stealth and sometimes do not publicize the investments they have received. Israeli tech companies raised USD 8 Billion in the first nine months […]
Uncategorized
Jared Kushner’s family firm Kushner Companies has filed to raise USD 100 million in bonds on the Tel Aviv Stock Exchange (TASE), reports The Wall Street Journal. Kushner Companies has confirmed the plans, which could reportedly take place in the first quarter of 2021. The deal would be the company’s first capital raise on the […]
DLA represented U.S. company Paradox in its acquisition of Israeli AI chatbot startup Spetz.io, a chatbot program that uses AI to conduct customer automation and which assists human resources departments in the recruitment process. The Israeli startup has so far raised USD 750,000 in private funding from the startup accelerator program Fusion LA that works […]
Israeli defense electronics company, Elbit Systems Ltd has bought U.S. undersea warfare company Sparton for USD 380 million. Elbit owns several companies in the United States through its American subsidiary, Elbit Systems of America, which signed a definitive agreement with an affiliate of Cerberus Capital Management L.P. for the acquisition of Sparton Corporation for USD […]
NASDAQ-listed Ultra Clean Holdings has entered into a definitive agreement to buy Ham-Let (Israel-Canada), a public company on the Tel Aviv Stock Exchange, for USD 348 million. Ham-Let is a global leader in the development, manufacturing, and distribution of high- purity and industrial flow control systems used for the manufacturing of complex semiconductor devices. The […]
Previously at Levy Meidan & Co. and Big Shopping Centers, Keren Yachin Doron takes over as President of ACC Israel. Congratulations to Keren Yachin Doron, who has officially taken over as President of ACC Israel. Keren began her career at the law firm of Levy Meidan & Co. becoming the legal adviser to the Meshulam […]
Anat Klein leaves GKH law firm to open her own office, joined by 2 GKH lawyers. Anat Klein, Head of the Energy and Infrastructure department at GKH, will leave GKH to set up her own law firm. She will be joined by partner Dana Tal, who previously held senior positions in the Military Prosecutor’s Office, and Ron […]
Some USD 9.93 Billion was invested in privately held Israeli tech firms in 2020, up 27% year on year, in 578 transactions, said the Israeli Tech Review 2020 report. “This report stems from a strategic partnership between IVC and Meitar law Offices assisted by Israeli and foreign investors’ information,” Guy Holtzman, CEO of IVC, told […]
Haymaker Acquisition Corp. II (“Haymaker”), and Israeli public holding company ARKO Holdings Ltd. (“Arko Holdings”) have completed a business combination, which sees them combine under a new company, ARKO Corp. (“ARKO”). Arko Holdings was represented by Greenberg Traurig, LLP, whose team was led by Alan Annex, Shareholder and member of the firm’s Israel Practice member, […]
Bryan Cave Leighton Paisner (“BCLP”) has advised Israeli client Artlist, the industry-leading digital content licensing provider, on its USD 65 million acquisition of US-based digital asset marketplace platform Motion Array. The acquisition allows Artlist to expand its digital stock media portfolio for video creators. Through this purchase, Artlist will reach more than 6 million users […]
