Double whammy for Meitar with ironSource’s SPAC merger leading the way, at USD 11.1 billion valuation
Meitar also acts in Yotpo’s USD 230 million financing (at USD 1.4 billion valuation).
Meitar acted for Israeli adtech platform ironSource in its merger into Thoma Bravo Advantage, set up by US private equity firm Thoma Bravo.
The Meitar team comprisedDan Shamgar, Talya Gerstler, Keren Shitrit, Shachar Hadar, Jonathan M. Nathan, Maor Hakak, Ram Landa, Israel Wagshul, Shira Schrieber, Uriel Ross and Atira Erlichster.
According to IVC, ironSource has so far raised USD 120 million. Among its investors are the foun ders (estimated to hold about one third of the company), Viola Ventures, Tal Barnoach’s Disruptive Technologies Venture Capital, 83North, Saban Ventures, Leumi Partners, and Clal Industries.
Read more here in Globes.
Meitar also advised on the Series F round was led by Bessemer Venture Partners and Tiger Global with participation from existing investors Claltech Investment, Coin Ventures, Hanaco, Vertex Ventures, Vintage Investment Partners, among others. This brings to USD 406 million the amount raised by the company, which has more than 500 employees in its offices in New York, London, Tel Aviv, Yokneam and Sofia.
Founded by CEO Tomer Tagrin and COO Omri Cohen, Yotpo was represented by a team at Meitar including Assaf Oz, Yael Nardi, Keren Shitrit, Neta Brenner, Yoel Willner and Ido brauner.
