SPAC company Gesher I Acquisition Corp in USD 435 million merger with Jerusalem start-up

Categories: Corporate and M&A, Hi-Tech

Gesher I Acquisition Corp, a SPAC company, has merged with Freightos Limited, a Jerusalem start-up that operates a leading platform for international shipping and payments.

The value of Prytus for the merger is estimated at USD 435 million.

Gesher will be represented by EBN, led by Doni Toledano, Shay Dayan, Nitzan Aberbach, Alon Abramovic, and Racheli HarelLior Etgar and Amir Noy in terms of privacy; and Hadas Erenberg in terms of labor law.