ERM advises Kedma Capital on the sale of its stake in Femi Premium to London-based private equity fund G Square Capital.
Nimrod Rosenblum, Partner and Head of ERM’s Corporate and M&A practice, acted for Kedma Capital together with Jeremy Seeff, and Adi Garmazi.
For more information (Hebrew) click here
ERM advised Pan-European chemicals supplier Azelis on its strategic entry to Israel with the acquisition of specialty chemicals distributor Orokia.
Nimrod Rosenblum, Partner and Head of ERM’s Corporate and M&A practice, acted for Azelis together with associates Itamar Lev, Eti Avnery and Errel Peli.
For more information on the acquisition click here (Azelis)
ERM advises real estate developer Lior Bardugo on a combination transaction in the city of Kfar Saba, on which the developer, together with partners Yeshivot Bnei Akiva, will build the largest housing complex for rent in Israel. The complex will consist of about 2,400 housing units and 3,000 square meters of commercial property.
Partner Yoav Zehavi, Co-Head of the Real Estate and Urban Renewal Department, together with associate Golan Laihtman, advised Lior Bardugo.
For further reading click here (HE)
ERM advised GoTo Global, the multi-modal vehicle sharing service provider (CAR2GO, Auto Tel, Mobike), on a $19M Series A round led by Adam Neumann (formerly WeWork). By participating in this round Neumann has taken a third of the equity stake in the company.
ERM advised Eshkol Fund, which focuses on financing various real estate projects, on a NIS 18 million loan to members of a purchase group in Rehovot.
Eran Mizrahi, Partner of ERM’s Real Estate and Urban Renewal Practice, led the deal together with associate May Fima.
ERM advised Capital One’s venture arm on its strategic investment into Israeli cyber-security start-up Source Defense.
Jeremy Seeff, Partner in ERM’s Hi-Tech & Venture Capital practice acted for Capital One together with associate Bar Mor.
For further reading, click here (Globes)
ERM advised Pitango’s HealthTech Fund, the lead investor on the USD 5 million seed round investment in Alike, an Israeli AI digital health company.
Simon Marks, Co-Head of ERM’s Hi-Tech & Venture Capital practice acted for Pitango together with associate Bar Mor.
For further reading, click here (Calcalist).
ERM advised Mekorot, Israel’s national water company, on a NIS hundreds of millions worth tender to carry out hundreds of water drills across the country. This is one of the largest tenders in the company’s history, designed with the purpose of doubling the number of water drillings executed by the company each year.
Asaf Rimon, Partner of ERM’s Energy & Infrastructure practice, acted for Mekorot together with associate Daniel Swissa Polak.
For further reading click here (Hebrew)
Israeli startup Zero Energy Solutions, which develops artificial intelligence-based climate technology for multi-room buildings, has raised USD 5.3 million. The investment round was led by an international construction company, and included investors such as an international accelerator and various private investors.
Nimrod Rosenblum, Co-Founder and Head of ERM’s Corporate and M&A practice, led the deal with associate Eitan Lahyani.
For more information click here (Hebrew)
ERM advised Ruby Capital on a NIS 5O million conversion loan given to Adi Yeadim LTD for the purpose of acquiring and improving land in Holon.
Gilad Maoz, Head of ERM’s Real Estate & Urban Renewal practice acted for Ruby Capital together with associate Eitan Lahyani