Golf & Co Group Ltd. has agreed to a merger with Adika Style Ltd. in the fashion/clothing sector. The transaction – via a reverse triangular merger – is expected to close in Q4 2022. Herzog represented Golf in the negotiations with the independent committee established by Adika’s board of directors and advised Golf in all […]
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Israeli property management platform Guesty has announced the completion of a USD170 million Series E financing round. The round was led by the Apax Digital Funds, MSD Partners and Sixth Street Growth, with participation of previous investors Viola Growth and Flashpoint. Focused on the short-term rental and hospitality industry, Guesty’s solution enables hospitality providers of all sizes […]
Allied Universal, the leading global security and facility services company, continues its strategic growth with the acquisition of Attenti Group, one of the world’s leading electronic monitoring companies. On June 1, 2017, private equity firm Apax acquired technology hardware company Attenti Electronic Monitoring, Ltd. from 3M Company for USD 200 million. The Gornitzky team include […]
Seed Group, a UAE-based company owned by the Royal Family of Dubai and the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has appointed Israel-based Tech It Forward as its Israel Country manager. It is understood that this appointment will provide Israeli startups with the opportunity to collaborate and invest across the UAE. It […]
In this new weekly section, we profile the driving force behind Israel Desks firms, as we catch up with the prominent leaders of the global law firms with Israel Desks: This week – Jeremy Lustman, partner and the global head of DLA’s Israel Practice Group. You have had an Israel Desk and team for some […]
This past week, the enterprise identity management company, Ping Identity announced its acquisition by private equity firm Thoma Bravo, which is taking it private for USD 2.8 billion. Identity management remains a very hot area in the world of enterprise IT, given the increasing number of cyberattacks and breaches. Thoma Bravo has been on a […]
Human Security, a bot mitigation and fraud detection platform for enterprises, is merging with PerimeterX, a company focused on safeguarding web apps from account takeover and automated fraud. As part of the deal, Human said that it has received a USD 100 million debt facility from Blackstone Credit, which follows seven months on from a USD 100 million […]
Peregrine Ventures, an investment firm focused on healthcare opportunities, has announced the establishment of a consortium of leading companies and research institutes that have joined its Incentive Technology Incubator. The consortium will jointly develop and invest over NIS 300 million (approximately $90 million) in start-ups and graduates of Peregrine’s technology incubator.The new members of Peregrine’s […]
Airoboticsbhas been bought by US company Ondas through a reverse triangular merger that is expected to close in H2 2022. Once valued at USD 240 million, the company is being sold for less than half its IPO valuation last summer. Airobotics, which develops autonomous unmanned aircraft systems (UAS) and automated data analysis and visualization platforms. […]
This past week, those who own property in the UK (or those who are looking to buy) through a foreign corporate entity will need to list under a new registry according to recent UK legislation. David Prais, Partner and Head of Asserson’s Property Team, provides a brief Q&A on this topic. What is the new […]
