As Israel prepares to open its borders to visitors, there is no letup in activity across the M&A, Financing, and Capital Markets landscape. Meitar acted for Bank Hapoalim as it raised USD 1 billion in green CoCo bonds, the first green bond offering ever of an Israeli institution. Another week, another unicorn. Hibob becomes Israel’s latest unicorn [...]
Another week, another first as the U.S. chain 7-Eleven is set to come to Israel in 2022, with Meitar acting in this historic franchise agreement. Another @unicorn emerges with Israeli AI chip maker Hailo joining the lucrative club after a USD 136 million Series C investment, with H-F & Co. advising, while White & Case's strong [...]
More cross-border transactions involving Israeli companies this week, as well as more financings, as we roll on into October. Valens completed its business combination with PTK Acquisition Corp. at a valuation over USD 1.1 Billion valuation, with Meitar acting for Israel’s Valens; Goodwin for the SPAC. France's Voodoo bought Israeli gaming company Beach Bum, with Tadmor Levy acting for Voodoo [...]
Pinch punch, the first of the month, and as we roll into October, Israeli law firms are still punching in on some large deals. Israeli fintech company Pagaya looks set to enter a USD 9 Billion SPAC deal with EJF Acquisition Corp., represented by Herzog Fox & Neeman in what would be the largest SPAC transaction [...]
With the Jewish festival of Sukkot recently celebrating the abundance of the harvest, among many other things, there has been an abundance of deals announced over the past week - among them online gambling company 888holdings is buying British bookmaker William Hill’s non-US assets for USD 3 Billion, with Herzog Fox & Neeman and Latham [...]
While we get ready to dip apples in honey and hope for a sweet New Year, there are many companies still immersing themselves in some eye-catchingly sweet deals. Herzog has advised Israeli digital intelligence company Cellebrite as it completed a SPAC merger giving it a valuation of appx. USD 2.4 Billion, while Meitar and Goodwin [...]
As Israel gears up for the Jewish New Year, and a new school year, new developments and transactions continue with pace among Israel's start-ups. Herzog Fox & Neeman acted for Swedish gaming giant, Embracer Group as it snapped up CrazyLabs, an Israeli gaming start-up, while traffic management start-up Waycare Technologies was bought by Rekor Systems, with Pearl [...]
While we were gone for a short summer break, there was no rest in Israel as businesses from all sectors continued to grab the headlines. Fintech company Rapyd raised USD 300 million at a record USD 10 billion valuation, the highest-valued private tech company in the history of the country, with law firm FWMK representing lead [...]
With the Olympic games officially underway and our attention turns to the sporting world, there is still plenty of action in the Israeli market - mainly cross-border transactions. Two interesting Israel/UK transactions - Israeli content company, advised by Bryan Cave Leighton Paisner buys UK software company and Israeli energy and infrastructure fund Generation Capital, represented by Yigal [...]
With SoftBank, one of the world’s biggest VC firms, opening an office in Israel and the latest IVC and Meitar Tech Review for the first half of 2021 showing record investments, there were more encouraging signs for the Israeli hi-tech sector. In Capital Markets, Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron acted on the largest [...]
