Deals Archives - Page 14 of 15 - Epstein Rosenblum Maoz (ERM)

ERM has acted for Gilde Healthcare, a Dutch-based healthcare investor that has a portfolio of investments across Europe, on their $20 million investment in Nyxoah S.A., a medical device company focused on developing a neuro-stimulation based therapy for patients suffering from Obstructive Sleep Apnea (OSA).

The proceeds will be used to finance Nyxoah’s go-to-market strategy, including the BLAST OSA international study, CE Mark approval and the US FDA approval process.

Gilde Healthcare led the financing with participation from Belgium based investors SRIW and Novallia.

Simon Marks, co-head of our high-tech and start-ups practice, led the team.

For media coverage of the investment, please click here.

High-Tech and Start-ups practice

Epstein Rosenblum Maoz (ERM)’s high-tech and start-ups practice regularly provides legal advice to leading Israeli and international clients from pre-incorporation through to exit, as well as on the most complex transactions carried out in Israel and abroad.

For more information on the investment or our high-tech and start-ups practice, please contact Simon Marks, or another member of our team.

ERM has acted for the Tahal Group, a leading global provider of sustainable infrastructure development projects, on the selling of its holding in the pumped-storage hydroelectricity project in Kochav HaYarden to the Noy Fund for approximately NIS 120 million.

Amnon Epstein and Lior Aharon, partners in our energy and infrastructure practice, led the team which included associate Eitan Lahyani and Of Counsel Orit Dayagi-Epstein.

For media coverage of the deal, please click here.

Energy and Infrastructure practice

Epstein Rosenblum Maoz (ERM) is considered a market leader in the renewable energy market, regularly acting for many of the leading Israeli and international owners, developers, EPC contractors and financiers in this sector.

For more information on this transaction and our energy and infrastructure practice, please contact Amnon Epstein, Lior Aharon or another member of our team.

ERM has represented Karamba Security on its latest investment round, in which it has raised US$12m from a number of strategic and financial investors, which include: YL Ventures, Fontinalis Partners, GlenRock Israel, Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures and Asgent, Inc.

This latest funding brings the total raised by the company to approx. $17m. ERM has been advising Karamba Security since its incorporation.

Karamba Security is widely regarded to be one of Israel’s most promising startups, with innovative cyber security products geared toward the automotive, medical devices and IoT industries.

Our high-tech and start-ups team was led by Nimrod Rosenblum and included associates Galit Farkash and Guy Kofman and trainee Adi Debel.

For media coverage of the investment, please click here.

High-Tech and Start-ups practice

For more information on the investment or our technology practice, please contact Nimrod Rosenblum, or another member of our team.

ERM has acted for Chicago-based US agricultural processor, Archers Daniels Midlands (ADM) on their purchase of a controlling interest in Industries Centers EOD, an Israeli company which specialises in the import and supply of agricultural feed products.

ADM has approximately 32,000 employees servicing more than 160 countries and the acquisition of EOD, currently one of the largest importers and suppliers of its kind in Israel, will enable the company to reach new customers with a wide array of products.

Simon Marks, partner in our corporate and M&A practice, led the team which included associates Renan Tsoran and Raz Mechalovich, as well as trainee Adi Debel.

For coverage of the acquisition in Globes, please click here.

Corporate and M&A practice

Epstein Rosenblum Maoz (ERM)’s corporate and M&A practice is widely renowned for its cross-border M&A expertise and it regularly advises leading Israeli and international clients on the most complex transactions carried out in Israel or by Israeli companies abroad.

For more information on this transaction or our corporate and M&A practice, please contact Simon Marks or another member of our team.

ERM has acted for Crossrider Ltd, the online distribution and digital product company on its acquisition of German cyber security company CyberGhost for up to €9.1 million.

CyberGhost is a cyber security SaaS provider with a focus on the provision of virtual private network solutions and the acquisition continues Crossrider’s expansion into the cyber security arena which is seen as strategically very significant given its scale and the growth opportunity it presents.

This is the latest in a number of transactions that our corporate and M&A team have advised Crossrider, including their investment in Clearvelvet Trading Ltd and their acquisition of DriverAgent from eSupport.com.

Head of our corporate and M&A practice Nimrod Rosenblum led the team, which included associate Galit Farkash.

For press coverage of the acquisition, please click here.

Corporate and M&A practice

For more information on this transaction or our corporate and M&A practice, please contact Nimrod Rosenblum or another member of our team.

ERM has acted for Physik Instrumente (PI), a global leader in motion control and nanopositioning systems, on their acquisition of an 80% stake in ACS Motion Control, a well-known developer and manufacturer of motion controllers and drives.

The acquisition will enable the German based PI to develop its precision positioning portfolio and better serve industrial customers with complete tailored systems that can be easily integrated into a wide variety of automation environments.

Roni Abelski, a partner in our corporate and M&A and high tech and start-ups practices who also heads our German desk, led the team which included associates Jeremy Seeff and Laura Jelinek, as well as trainee Itamar Lev.

For media coverage of the acquisition in Hebrew, please click here. For coverage in English, please click here.

Corporate and M&A and High Tech and Start-up practices

Epstein Rosenblum Maoz (ERM)’s corporate and M&A and high tech and start-ups practices are widely renowned for their cross-border expertise and ERM regularly advises leading Israeli and international clients on the most complex transactions carried out in Israel or by Israeli companies abroad.

For further information on this transaction and our corporate and M&A and high tech and start-ups practices, please contact Roni Abelski or another member of our team.

ERM has represented Kramer Electronics, a global leader in commercial audio/video solutions, in its acquisition of iRule, a leader in cloud-based control and automation software. The transaction follows the initial investment by Kramer in iRule in 2014, on which ERM also advised.

The acquisition will enable Kramer to leverage the iRule software platform to best address a growing demand for advanced control and automation solutions.

This is the second acquisition that our team has acted for Kramer having previously represented them on their acquisition of WOW Vision, a Singapore-based technology company.

For press coverage of the acquisition, please click here.

Corporate and M&A practice

For more information on this transaction or our corporate and M&A practice, please contact Nimrod Rosenblum or another member of our team.

ERM has acted as Israeli counsel and lead external counsel for Barclays on a strategic loan facility to Stride Gaming, the multi-branded online soft gaming operator.

The committed facility will refinance an existing loan extended to the company by its shareholder Poppy Investments.

For media coverage of the loan facility, please click here.

Banking and Finance practice

ERM (Epstein Rosenblum Maoz)’s banking and finance practice has gained extensive experience advising international and Israeli commercial and investment banks, corporates and funds on a broad range of financing transactions, including syndicated loans, acquisition finance, leverage finance and structured finance.

For more information on the loan facility or our banking and finance practice, please contact Amnon Epstein or another member of our team.

ERM has acted for MinInvasive Ltd., developer of the OmniCuff device for the treatment of rotator cuff repair, on their latest investment from and strategic partnership with, MicroPort Scientific Corporation, a leading medical device company focused on innovating, manufacturing, and marketing high-quality and high-end medical devices globally.

MicroPort led the financing round and will be granted an exclusive right to distribute OmniCuff in the China market.

Our high-tech and start-ups team also represented MinInvasive in their previous multi-million dollar Series B investment led by Anatomy Medical Technology Fund, a subsidiary of Clal Biotechnology Industries.

For media coverage of the latest investment round, please click here.

High-Tech and Start-Ups practice

For more information on the investment or our high-tech and start-ups practice, please contact Simon Marks or another member of our team.

ERM has represented Kibbutz Kalia in its share purchase of Clal Sun’s holding in Kalia Clean Energy Ltd, having exercised its right of first refusal. Following the purchase agreement, Kibbutz Kalia will hold 100% of the issued shares of Kalia Clean Energy Ltd., which is the owner of an approximately 11MW PV ground plant located at Kibbutz Kalia, situated on the northern shore of the Dead Sea.

Energy and infrastructure practice

For more information on this transaction and our energy and infrastructure practice, please contact Lior Aharon or another member of our team.