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News

11 June 2018

Yigal Arnon & Co. epresented Next47 in its investment in Claroty

Advs. Eliran Furman, Avi Anouchi and Nitzan Kahana represented Next47, the venture capital arm of Siemens, in its investment in Claroty, an Israeli startup which specializes in cybersecurity for industrial control networks, as part of a $60 million Series B equity financing‎.
Advs. Eliran Furman, Avi Anouchi and Nitzan Kahana represented Next47, the venture capital arm of Siemens, in its investment in Claroty, an Israeli startup which specializes in cybersecurity for industrial control networks, as part of a $60 million Series B equity financing‎.

23 May 2018

Yigal Arnon & Co. represented EA in its acquisition of Gamefly

Barry Levenfeld, Ben Sandler, Ira Burshtein and the intern Sophy Litvin represented EA, the leading video game company giant, in its first acquisition in Israel of Gamefly. Assisted on this deal: Eran Lempert and Erez Leibovici (tax), Miriam Freedman (IIA and privacy issues), Eli Greenbaum (encryption) and Evan Schendler (equity benefits).
Barry Levenfeld, Ben Sandler, Ira Burshtein and the intern Sophy Litvin represented EA, the leading video game company giant, in its first acquisition in Israel of Gamefly. Assisted on this deal: Eran Lempert and Erez Leibovici (tax), Miriam Freedman (IIA and privacy issues), Eli Greenbaum (encryption) and Evan Schendler (equity benefits).

16 May 2018

Yigal Arnon & Co. represented RMDY Health in its $1 million equity financing round

Adv. Peter Sugarman and Avi Anouchi represented RMDY Health (formerly Wellness Layers), a digital therapeutics company powering patient engagement programs for leading healthcare organizations, in its $1 million equity financing round‎. The round was led by Merchavia Holding & Investments Ltd.
Adv. Peter Sugarman and Avi Anouchi represented RMDY Health (formerly Wellness Layers), a digital therapeutics company powering patient engagement programs for leading healthcare organizations, in its $1 million equity financing round‎. The round was led by Merchavia Holding & Investments Ltd.

30 April 2018

Yigal Arnon & Co. represented SteadyMed in its acquision by United Therapeutics

Advs. David Schapiro, Eliran Furman and Ivor Krumholtz represented SteadyMed Ltd., a drug development company in its acquisition by United Therapeutics Corporation. The transaction was signed April 30 and closed August 30, 2018.
Advs. David Schapiro, Eliran Furman and Ivor Krumholtz represented SteadyMed Ltd., a drug development company in its acquisition by United Therapeutics Corporation. The transaction was signed April 30 and closed August 30, 2018.

08 March 2018

Yigal Arnon & Co. represented a borrower after his 3 million shekel debt grew to 1.6 Trillion Shekel Debt

Advs. Mordechai Baicz and David Shmulevitz represented a borrower that his gray-market loan from the 1990s grew as sides fought in court. The borrower now owes just 22 million shekels.
Advs. Mordechai Baicz and David Shmulevitz represented a borrower that his gray-market loan from the 1990s grew as sides fought in court. The borrower now owes just 22 million shekels.

06 March 2018

Yigal Arnon & Co. represented Azorim Group and Ofer Investments in a rental agreement with Noble Energy

Advs. Amalia Meshi, Naftali Nir, Michal Sagmon-Cohen and Lareine Khoury represented Azorim Group and Ofer Investments in a rental agreement, in which Noble Energy will rent office space from Azorim for a period of 10 years, which includes 9 floors of offices and 13,000 sq.m. in the Herzliya Hills Complex.
Advs. Amalia Meshi, Naftali Nir, Michal Sagmon-Cohen and Lareine Khoury represented Azorim Group and Ofer Investments in a rental agreement, in which Noble Energy will rent office space from Azorim for a period of 10 years, which includes 9 floors of offices and 13,000 sq.m. in the Herzliya Hills Complex.

19 February 2018

Yigal Arnon & Co. represents Azorim and the Gabbay Group in the purchase of 45 acres of land in Kfar Shalem

Advs. Amalia Meshi, Naftali Nir and Nir Rodnitzky represents Azorim Construction (1965) and the Gabbay Group in the purchase of 45 acres of land in Kfar Shalem area in Tel Aviv for the purpose of building approximately 1,300 - 1,500 housing units as well as commercial space. In exchange for the land, Azorim and the Gabbay Group will pay the owners of the land 30% of the proceeds from the sale of the apartments and 38% of the proceeds from the commercial areas in the project. The project will be one of the largest construction projects in Tel Aviv, with an estimated value of NIS 3 billion.
Advs. Amalia Meshi, Naftali Nir and Nir Rodnitzky represents Azorim Construction (1965) and the Gabbay Group in the purchase of 45 acres of land in Kfar Shalem area in Tel Aviv for the purpose of building approximately 1,300 - 1,500 housing units as well as commercial space. In exchange for the land, Azorim and the Gabbay Group will pay the owners of the land 30% of the proceeds from the sale of the apartments and 38% of the proceeds from the commercial areas in the project. The project will be one of the largest construction projects in Tel Aviv, with an estimated value of NIS 3 billion.

12 February 2018

Yigal Arnon & Co. represented Elbit Vision Systems in its acquisition by Swiss company for $32 million

Advs. Adrian Daniels, Avi Anouchi and Dov Ehrman represented Elbit Vision Systems, an Israeli company which has developed machine vision inspection for textile fabrics and technical webs, in its acquisition by Swiss company, Uster Technologies AG‎. The total paid for the acquisition is approximately $32 million.
Advs. Adrian Daniels, Avi Anouchi and Dov Ehrman represented Elbit Vision Systems, an Israeli company which has developed machine vision inspection for textile fabrics and technical webs, in its acquisition by Swiss company, Uster Technologies AG‎. The total paid for the acquisition is approximately $32 million.

14 January 2018

High-Tech on the Road

Adv. Ronit Amir Yaniv was interviewed at the podcast studio "High-Tech on the Road", and spoke about the emerging field that combines sports and high-tech.
Adv. Ronit Amir Yaniv was interviewed at the podcast studio "High-Tech on the Road", and spoke about the emerging field that combines sports and high-tech.

09 January 2018

Yigal Arnon & Co. represented Accurate Medical in its acquisition by Guerbet SA

Advs. Barak Platt, Dr. Eran Lempert, Eli Greenbaum, Nataly Damary and the intern Josh Hauzer represented the Tel Aviv-based startup Accurate Medical, who develops small diameter catheters for minimally invasive procedures in small vessels, in its acquisition by the medical imaging company Guerbet SA. The French company will pay €19.5 million immediately and milestone payments. The total paid for the acquisition will not exceed €57 million.
Advs. Barak Platt, Dr. Eran Lempert, Eli Greenbaum, Nataly Damary and the intern Josh Hauzer represented the Tel Aviv-based startup Accurate Medical, who develops small diameter catheters for minimally invasive procedures in small vessels, in its acquisition by the medical imaging company Guerbet SA. The French company will pay €19.5 million immediately and milestone payments. The total paid for the acquisition will not exceed €57 million.

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