About RCCB

RCCB is home to 70 attorneys who offer comprehensive legal services – nationally and internationally – in a range of areas, including corporate, M&A, employment, litigation, tax, IP, private client services, trusts and estates, banking and financial services, international, real estate, and more. The firm has offices in the Greater Philadelphia area, New York, and Nashville.

When you choose RCCB, you choose a partner invested in your success – capable of managing sophisticated matters with the skill of a large firm, but at the affordability and personalized attention of a small firm.

Flexibility in how we:

• Price matters creatively
• Staff matters efficiently
• Partner with clients tailored to their specific business objectives

Fee Structures designed to:

• Promote budget certainty and downside protection
• Align interests through shared investment

Partnership with Israeli clients through:

• A deep understanding of the country’s culture and customs
• Fluency in Hebrew and residence in Israel

ACCOLADES

Chambers USA Practice Rankings:

• Corporate/M&A & Private Equity: recognized 4 years
• Banking & Finance: first-year recognition
• 4 attorneys ranked individually

Legally Israel 100: ranked 10th for M&A volume and 12th for M&A value.

Best Lawyers in America: 25 lawyers recognized across 13 practice areas.

Best Law Firms: recognized in 8 practice areas.

Super Lawyers: 16 lawyers recognized across multiple practices in PA and NY.

Pennsylvania Law 100: named the Fastest Growing Law Firm in 2024.

Philadelphia Top Workplaces: recognized each year since 2019.

Israel Practice

RCCB has extensive experience advising Israeli companies expanding into the U.S. market and U.S. companies conducting business in Israel. Our team of sophisticated attorneys has built a dynamic, agile firm uniquely positioned to support innovative Israeli companies. In addition, our International Tax and Estate Planning Groups provide comprehensive guidance to businesses and individuals navigating complex U.S.-Israel transactions.

Practice Chair David Gitlin resides and works in Tel Aviv for approximately seven months each year, fostering relationships and supporting business initiatives in Israel. RCCB’s deep connection to Israel is further reflected in its team of lawyers, who have been visiting and serving clients in Israel for more than 20 years.

We help Israeli businesses and entrepreneurs establish a “soft landing” in the United States, offering strategic legal counsel tailored to their unique challenges and opportunities. With an in-depth understanding of the Israeli business landscape, we provide the legal and commercial insight necessary for success in the U.S. market.

Our Lawyers

• Have advised nearly 500 Israeli companies on U.S. market entry, expansion, and legal matters
• Have lived, studied, and worked in Israel
• Served as in-house counsel to an international Israeli technology company
• Are fluent in Hebrew
• Held leadership roles in organizations dedicated to strengthening U.S.- Israel business ties
• Frequently visit Israel for business engagements and client support
• Regularly participate in and present at leading Israeli venture conferences and industry events
• Organized and led more than 10 Israel-focused conferences in the S.
• Helped over 200 Israeli companies build strategic connections in the American market

Leadership and Outreach 

Neil Cooper and David Gitlin are past Philadelphia-Israel Chamber of Commerce presidents and serve on its Board of Directors. David Gitlin lives and works in Tel Aviv for approximately 7 months per year. David has received an award from the Mayors of Philadelphia and Tel Aviv for promoting business ties between the two cities.

Internationally Ranked 

RCCB achieved significant recognition within the legal landscape of Israel, as evidenced by its recent top rankings in the Legally Israel 100 League Tables. These rankings, which highlight international law firms significantly larger than RCCB, underscore RCCB’s position as a leader in Israel-related deals and transactions. In the 7th annual league table rankings, RCCB secured impressive standings, ranking 10th for M&A volume and 12th for M&A value. This places RCCB among the world’s foremost law firms proficient in servicing Israel-related transactions. Moreover, RCCB’s Israel practice leader, David Gitlin, was singled out as a notable practitioner. His familiarity with Israel’s culture and language and frequent visits to Israel highlight his instrumental role in facilitating RCCB’s connections and operations within the region.

 Notable Transactions

• ProntoNLP Acquisition by S&P Global Market Intelligence

  Served as U.S. counsel to ProntoNLP, a leading provider of Generative Artificial Intelligence (GenAI) tools, in its acquisition by S&P Global Market Intelligence. This strategic acquisition enables ProntoNLP, an Israeli company, to leverage S&P Global’s vast resources, enhancing its service offerings and expanding capabilities. RCCB assisted Israeli counsel on aspects of the transaction involving U.S. law.

• Kafrit Industries Acquisition of a U.S. Company

  Represented Kafrit Industries (1993) Ltd., a global masterbatch producer for the plastics industry, in the $48 million acquisition of a U.S. family-owned company specializing in color concentrates. RCCB provided strategic advice and managed the deal process in collaboration with Israeli counsel.

• Cormed Ltd Asset Acquisition

  Represented Cormed Ltd, a newly formed entity of three Israeli-based partners, in acquiring assets of an Iowa company manufacturing a closed system transfer device used in chemotherapy for $10 million plus earnouts valued at $20 million.

• Lidorr Elements Ltd. Sale to Azelis Group NV

  Served as lead counsel to Lidorr Elements Ltd. in its strategic sale to Azelis Group NV, a global service provider with operations in 57 countries.

• TIBA Group Shareholder Representation

  Served as U.S. counsel for shareholders, including Israeli private equity fund Tene Capital, in the sale of all stock of TIBA Group, an Israel-based provider of turnkey parking site solutions, to FAAC (Italy) for $135 million.

• Cellect Biotechnology, Ltd. Merger & Sale

  Acted as U.S. counsel for Cellect Biotechnology, Ltd., an Israeli NASDAQ-traded company, in its merger with Quoin Pharmaceuticals, Inc. and the sale of its subsidiary, Cellect Biotherapeutics, Ltd., to EnCellX, Inc.

• Global Digital Engineering Company Acquisition

  Represented a leading NYSE-listed global digital engineering and software development company with over 30,000 employees in acquiring an Israeli technology company and its U.S. subsidiary specializing in big data, software development, and cloud migration.

• Habonim Industrial Valves & Actuators LTD Sale

  Served as U.S. counsel to shareholders of Habonim Industrial Valves & Actuators LTD in its $140 million sale to ITT Industries Luxemburg SARL. Tene Investment Funds was the controlling shareholder.

• SJF Ventures Investment in Waycare

  Represented North Carolina-based SJF Ventures in its investment in Israeli traffic optimization startup Waycare. SJF led the $7.3 million round to support Waycare’s AI-based transportation management solutions.

• Application Problem Resolution Software Acquisition

  Represented an Israel-based software provider in its acquisition by a large U.S. software company, structuring a complex stock purchase agreement incorporating a novel statutory “take-along” provision.

• Agricultural Products Portfolio Company Financing

  Represented the U.S. and Mexican agricultural products portfolio company of an Israeli private equity firm in a $17 million receivables factoring transaction.

• NASDAQ-Traded Israeli Company Transactions

  Acted as U.S. counsel for a NASDAQ-traded Israeli company in its merger with a pharmaceutical company and the sale of its subsidiary.

• Medical Device Consortium Acquisition

  Represented a consortium of two Israeli medical device companies and a private equity fund in acquiring the assets of an Iowa-based manufacturer of chemotherapy transfer devices.

• Custom Software Design Company Sale

  Represented a U.S. and Israel-based custom software design company in a strategic acquisition where assets and liabilities were exchanged for equity.

• NYSE-Listed Company Acquisition in Israel

  Represented a Philadelphia region-based digital platform engineering company in its acquisition of an Israeli big data and software development firm and its U.S. subsidiary.

• Venture Capital Investment in Healthcare Technology

  Represented a U.S. venture capital fund in a $4.5 million Series A lead investment in an Israeli healthcare technology company.

• Alternative Energy Investment

  Represented a U.S. corporation engaged in alternative energy development in securing a major investment from an Israeli private equity fund.

• Biotech Licensing & Distribution Agreement

  Represented an Israeli biotech company in a worldwide licensing and distribution agreement with a leading Italian pharmaceutical company.

• Armored Equipment Manufacturer Acquisition

  Represented an Israel-based leading manufacturer of armored equipment in its acquisition of a Michigan-based defense contractor.

RCCB continues to be a trusted partner for Israeli businesses navigating the U.S. market, offering tailored legal solutions and strategic guidance.