As a new coalition government was agreed this week, it is business as usual for many Israeli businesses. The capital markets remain busy, with the ad-tech company Tremor filing for a Nasdaq IPO at USD 1.5 Billion valuation, while Pearl Cohen advised Geffen Technologies on its capital raising down on the Australian Stock Exchange and the first IPO of an Israeli company on the ASX in the last six months. Israel-based private investment company Barinboim Group led on the acquisition of Finalto, Playtech’s financial trading division, with Greenberg Traurig advising. Meanwhile, Israeli tech companies raised USD 8.6 Billion in the first five months of 2021, fast approaching the record USD 10 Billion raised in all of 2020.
Yigal Arnon & Co. advises Connecteam on a USD 37 million Series B financing round led by Insight Partners and Goodwin advises Optum in a USD 60 million investment into an Israeli digital health company.
The merger between Erdinast, Ben Nathan, Toledano & Co. With Hamburger Evron is completed, making it among the largest in Israel. The merger expands the firm’s expertise across multiple practice areas, jurisdictions and sectors, with an emphasis on real estate and planning and zoning.
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