TAT Technologies Raises USD 108m
TAT Technologies Ltd. (Nasdaq: TATT), an Israeli provider of aerospace and defense solutions, and private equity investor FIMI Opportunity Funds completed a USD 108 million SEC-registered public offering on the Nasdaq. The transaction included both primary and secondary components, with Stifel Financial Corp. and Truist Securities acting as joint bookrunners.
Naschitz Brandes Amir represented TAT Technologies and FIMI in the offering. U.S. counsel Carter Ledyard & Milburn supported the issuer, led by Guy Ben-Ami and Steve Glusband.
Paul Hastings advised joint bookrunning managers, Stifel, Nicolaus & Company, Incorporated, and Truist Securities, Inc., on the transaction. Partners Brandon Bortner and Gil Savir led the team, also comprising of counsel Shai Marshall and Ryan Brewer and associates Greg Drozdzal, Jessica Kelly, and Adam Swank