Candivore completed investment transaction led by Haveli

A successful deal, which we are extremely proud of, was closed by our Hi Tech department this week. Candivore, a client of the firm, has completed an investment transaction led by Haveli Investments.   The transaction was led by Hanan Haviv, partner and head of the department, along with partners Yuval Meidar, Dr. Ehab Farah and Shachar Porat, associate Gilead Reutlinger and intern Shelly […]

India Enacted its new Digital Personal Data Protection Act

On August 11, 2023, India has enacted its new privacy law – the Digital Personal Data Protection Act, 2023 (“DPDP Act“). The DPDP Act will replaced the Information Technology (IT) Act from 2000. It applies to the processing of digital personal data, which is broadly defined as any information linked to an identifiable individual and […]

Publications regarding the Collection and Use of Biometric Data in the Workplace

The Privacy Protection Authority Continues: Publications regarding the Collection and Use of Biometric Data in the Workplace and the Collection of Geolocation Data of Employees through Applications and In-Vehicle Tracking Systems Dear customers and colleagues, The Privacy Protection Authority at the Ministry of Justice (the “PPA“) recently published two documents concerning privacy aspects in the […]

Brack Capital Properties N.V. has completed an exchange tender offer of NIS 390 million!

It is our pleasure to congratulate Brack Capital Properties N.V. on completing a complex exchange tender offer, in which the Company’s bonds (Series B) were exchanged for the Company’s bonds (Series C) and cash in, a total amount of approximately NIS 390 million. Approximately 92% of the bondholders of the Company accepted the exchange tender offer, which […]

First issuance of credit-linked notes in Israel

Congratulations to Bank Leumi on completing a first-of-its-kind credit linked debt offering, in which Bank Leumi offered CLNs (Credit-Linked Notes) with a par value of NIS 500 million to institutional investors, listed on the institutional list on the Tel-Aviv Stock Exchange. This credit linked debt offering involved the listing of one of the most innovative and […]

Coro Acquires Network Security Startup Privatise

Congratulations to our friends at Coro for the successful acquisition of Privatise. A significant acquisition which concludes Coro’s amazing growth with $155M total funding raised in the last 12 months, and adds Coro with critical SASE capabilities to its single source of comprehensive security and protection — all managed through a unified, cloud-based platform — for any […]

Congratulations to Flora Ventures on their first closing!

Congratulations to our clients, Gil Horsky and Esther Barak Landes, on FLORA Ventures’ fantastic achievement –a remarkable first closing! FLORA Ventures invests in AgriFood-Tech start-ups from Israel and Europe, that are having a positive impact on human and planetary health We’re proud to be part of their journey and look forward to more incredible milestones ahead. Kudos to […]

Herzog assisted REE Automotive with At The Market Agreement

Herzog acted as Israeli counsel to REE Automotive Ltd. (Nasdaq: REE) in connection with an At The Market Agreement, with H.C. Wainwright & Co. Under the ATM Agreement REE would be able to offer, from time to time, securities in a value of up to $35 million. The transaction was led by Ron Ben-Menachem (capital markets), Mohammad Mawasi (capital […]

Reality Group has successfully raised NIS 1.7 billion for Reality V

Our warm greetings to REALITY GROUP, for raising its 5th value-add fund, Reality V, with NIS 1.7 billion from Israel’s leading institutional investors. We are proud and glad to step by your side as your legal counsels, to accompany the fundraising of Reality V and to witness how the Group had developed ever since we’ve formed […]

The world’s largest flight simulator company is arriving to Israel

During the importation and assembly in Israel of their 737 and 787 simulators, Herzog assisted Avenger Flight Group, LLC with complex commercial, tax, transfer pricing, and customs matters. Avenger is the global leader in commercial aviation simulation training business and the largest privately-owned training organization in the world. Avenger Flight Group opens a subsidiary in Israel to […]

Celebrating Our Successful Annual Employment Conference! ️

Thrilled to share the  success of our annual employment conference held last week! It was a gathering of hundreds of HR professionals and legal advisors from diverse industries, making it an extraordinary event. We tackled the hottest employment issues head-on, including AI in HR, privacy, class actions, and workplace harassment. The special lecture by by Ms. Tair Revivo-Ifergan (former […]

Adv. Yosef (Seffy) Zinger was appointed Chairman of the Israeli Securities Authority

Herzog Fox & Neeman would like to congratulate Adv. Yosef (Seffy) Zinger, a senior partner in our Corporate and Securities Department and Head of the firm’s Insolvency practice, on his appointment as the Chairman of the Israeli Securities Authority. Meir Linzen, the Chairman of Herzog, and Gil White, the Managing Partner of the firm, said […]

NIS 2.5 Billion public offering of debt for Israeli Electric Company

We represented the Israeli Electric Company Ltd. in a NIS 2.5 Billion public offering of debt. The public offering, which enjoyed demands of over NIS 3 billion was regarded as one of the largest bond issuances of a non-bank entity in the last year on the Tel-Aviv Stock Exchange Ltd.  The offering process included work […]

Ofer Granot and Daniel Rosenblatt in an article for TheMarker

A $300 million penalty was imposed against Seagate last month by the US Department of Commerce after it sold regulated technology to Huawei in China. This was the largest penalty ever imposed under the DOC’s export control laws. In yesterday’s TheMarker, our subject matter experts Ofer Granot and Daniel Rosenblatt break down the implications of this event for Israeli companies […]

Acquisition of Revela by Oddity

Proud to have acted on behalf of Oddity, the parent company of the IL Makiage and Spoiled Child brands, in the acquisition of Revela for a total of $76 million. Revela is an industry-leading biotech startup, bringing AI-based molecule discovery technology to beauty and wellness. With this acquisition, Oddity will establish ODDITY LABS and invest […]

AMI Opportunities Fund sells Go Global Travel to Yanolja

Herzog represented the AMI Opportunities Fund (advised by Apax Partners) in the sale of Go Global Travel, a company that provides B2B technology and services for travel businesses and travel agents, to Yanolja, a South Korean leisure and hospitality company. The transaction was led by our co-head of our Corporate and Securities department, Ran Hai and M&A […]

ODDITY Tech has successfully listed on the Nasdaq at a company value of $2 billion

Happy to open the trading day in New York with a new IPO! ODDITY Tech (owner of IL MAKIAGE and Spoiled Child) has successfully listed on the Nasdaq at a company value of $2 billion. We are very proud of our clients. We’ve also had the honor of having our lawyers’ images displayed alongside the famous Time Square […]

How to find the best with diversity

We came to the realization some years ago that there were pools of talent in Israeli society that were not an integral part of the legal landscape in Israel. In order to keep growing and to attract the best talent, we needed to ensure our appeal to all communities that make up the tapestry Israeli […]

Law of the Draw Event

Legal trends, challenges and opportunities for growing gambling and gaming companies, including updates on recent market trends. We are excited to announce that we are soon to host a unique gaming law event together with the global law firm Taylor Wessing. This half-day event, titled “Law of the Draw”, is aimed at growing gambling and […]

Herzog represented KOMPAS Ventures

We represented KOMPAS Ventures in a Preferred Seed-4 round, pursuant to which KOMPAS, led an $8M investment round in Structshare Technologies Ltd. This is one of the first investments in Israel by Kompas Ventures, a global environment and construction digitalization VC, with a unique participation of leading US strategic investors. It symbolizes the accelerated growth […]

Herzog represented NGP Capital

We represent NGP Capital, a $1.4B growth-stage investment firm, that invests in the cybersecurity, edge cloud, digital industries and digital transformation, on all of the fund’s invetments in Israel. In this transaction, we have successfully represented NGP Capital along with and AW Ventues, as lead investors, in a $33 million Series B financing round of […]

Herzog Represented Philips

We represented Philips in the acquisition of DiA Imaging Analysis Ltd. Philips acquisition of DiA – acquiring the company after joining the company as an investor just two years before. One of only a few acquisitions done by Philips, one of the largest healthcare companies worldwide, in Israel. A highly complex transaction completed in a […]

Herzog acted as Israeli counsel representing Hewlett Packard Enterprise

Herzog acted as Israeli counsel representing Hewlett Packard Enterprise in its acquisition of the Israeli cloud security company Axis Cyber Security Ltd. The acquisition of Axis Cyber Security Ltd. included aspects from many areas of expertise. Such areas included a special structure of the acquisition under the Israeli Companies Law as well as aspects of […]

Herzog reprenseted BuildOS

Herzog reprenseted BuildOS (DBA: SWAPP) a company in the field of construction and property technology in a financing round involving both existing investors, strategic investors as well as new VCs investing in the company. Herzog provided BuildOS with legal advice on all matters related to the financing round including corporate, tax and intellectual property. Read […]

Herzog represented Dropit Shopping

We represented Dropit, a retail technology platform that bridges the digital divide by unifying merchants’ online and in-store inventories, in its $25 million Series C round. Dropit’s Series C round was led by Vault Investments, with participation from Tiga Investments, Axentia, Sugarbee and others, including former Macy’s CEO Terry Lundgren, who sits on Dropit’s board […]

Herzog represent Kubota Agrotech venture

Herzog represent Kubota Agrotech venture on all of its investments in the Israeli Agri-tech industry. This year, we’ve represented Kubota in its investment in Israel – a $12 million financing round at Clarifruit, an Israeli startup, which offers an AI-powered quality control SaaS solution for the fresh produce supply chain.

Herzog Represented Coro in an $97 million financing round

We represented Coro, an Israeli cybersecurity company, in an $104 million financing led by UK fund Balderton Capital, (EIP) Energy Impact Fund, Neva Fund, and JVP.  We are proud and honoured to have supported Coro for many many years, and thrilled to represent the company in this remarkable achievement during challenging global market. For more […]