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December 21, 2021

Barnea Representing Ness in Acquisition of DXC's Operations for USD 65 Million

Our firm is representing Ness Technologies, owned by Hilan, a TASE-traded software company, in a transaction to acquire 100% of the share capital of DXC Technology's IT services company in Israel (formerly EDS). The scope of the transaction is USD 65 million, and its completion is expected at the end of the first quarter of 2022. Advs. Micky Barnea, Yuval Lazi, Mayer Winkler, and Dana Ben-Yehuda represent Ness in the transaction.

December 12, 2021

Representing Natoon Group in Sale Worth Over NIS 90 Million

Sagi Gross, Daniel Kleinman, and Izabel Pashayev represented Natoon Group and its shareholders in a sale of control of 70% of the group's holdings to Afcon Holdings, a public company. Natoon Group is engaged in asset management and operation services and the maintenance of fire safety systems.

December 5, 2021

Representing Mashov in Sale Transaction

Our firm represented Mashov, the developer of a school management app, in its sale to the Israeli company Priority. About one million parents and school students use the app on a daily basis to communicate with pedagogical teams. Mashov is a profitable company that employs 25 people.

November 25, 2021

Representing Mouro Capital in Investment in Vesttoo

We represented Mouro Capital in its USD 8 million equity investment in the Israeli tech insurance startup Vesttoo, as part of its role as the lead investor in the company's USD 16 million Series B round. Ariella Dreyfuss represented Mouro Capital in the deal.

November 18, 2021

Representing NickNack in Sale to Papaya Global

Yuval Lazi, Itay Gura, and Inbar Katzir represented the Israeli startup NickNack in its sale to Papaya Global Ltd., a private Israeli company that provides payroll and human resource management computing services to multinational corporations. NickNack is developing a platform that fosters team engagement and togetherness for organizations working remotely.

November 15, 2021

Interview on Workers' Rights in SPAC Issuances

Gett announced last week a USD 1.1 billion merger with an SPAC. This prompted unrest among former Gett employees who feared a dilution of their shares. We were interviewed by TheMarker about workers' rights during issuances and SPAC processes.

November 11, 2021

Representing Inomize in Transaction with Facebook (Meta)

We served as legal counsel for Inomize, an Israeli developer and manufacturer of electronic components, in its acquisition by Facebook. The acquisition is by way of acquiring the know-how and experience of Inomize’s employees. Adv. Ariella Dreyfuss led the deal. Advs. Netta Bromberg and Jacki Silbermann advised on the employment matters.

November 10, 2021

Representing Sephira in Sale of Shares to DL Software Group

Barnea represented the French and Israeli group of companies Sephira, a leader in software solutions for healthcare professionals, in the sale of its holdings to the DL Software Group, which was recently acquired by the American PE fund TA Associates. The transaction was led by Samuel Henry Samuel, and Avihay Asulin. Netta Bromberg provided representation in all labor law matters, and Harel Perlmutter and Nir Ziman advised on all tax issues.

October 7, 2021

Representing GAP Inc. in Acquisition of Israeli Startup

Our firm advised the fashion giant GAP in its first significant acquisition of an Israeli technology startup. As part of the acquisition, CB4’s team will join Gap as full-time employees. Advs. Simon Jaffa and Ariella Dreyfuss represented the US clothing and accessories retailer. Advs. Netta Bromberg and Jacki Silbermann advised on the employment matters arising from the deal.

October 10, 2021

Representing Reef Technology in Acquisition of Israeli Startup Bond

We advised Reef Technology, one of the largest operators of mobility, logistics hubs, and neighborhood kitchens in the United States, on its acquisition of the Israeli logistics startup Bond, which was initially founded as Shookit, a direct-to-consumer grocery startup that delivered fresh produce to clients in the city within hours. The deal was led by Advs. Michael Barnea, Ariella Dreyfuss, and Tal Freilich. Netta Bromberg advised on the employment side. Harel Perlmutter and Hanna Daher advised on the tax side. Anat Even-Chen advised on data privacy and security and other regulatory matters.

October 4, 2021

Representing Azrieli Group in NIS 1.31 Billion Acquisition of Mall Hayam

Our firm represented Azrieli Group, the largest income-producing real estate company in Israel, in the acquisition of Mall Hayam for NIS 1.31 billion. Firm partners Terry Almozlino Arnon, Ilan Blumenfeld, and Alon Wolner represented Azrieli in the transaction.

September 29, 2021

Representing Niio in Strategic Partnership and Financing Agreement with Samsung

Our office has served as legal counsel for Niio, a unique digital art platform, since its establishment. The startup recently completed a USD 15 million fundraising round. Firm partners Simon Jaffa and Ariella Dreyfuss also represented Niio in a strategic partnership and financing agreement with Samsung Display, which will exhibit on hundreds of its frames the digital artwork Niio offers.

September 23, 2021

Representing RSBG in USD 140 Million Sale of Cybersecurity Company’s Shares to LG

Barnea represented RSBG Ventures GmbH in the USD 140 million sale of its shares in the Israeli cybersecurity company Cybellum Technologies Ltd., as part an acquisition of a majority stake (65%) in the company by LG Electronics Inc. Firm partners Simon Jaffa and Ariella Dreyfuss led RSBG’s role in the transaction.

July 21, 2021

Representing Azrieli Group in NIS 2.8 Billion Acquisition of Norwegian Data Center Company

Our firm represented Azrieli Group, the largest income-producing real estate company in Israel, in a share purchase transaction of the Norwegian company 'Green Mountain' for NIS 2.8 billion. The Norwegian company operates three server farms in Norway and holds contracts with a total volume of 24 megawatts.

July 20, 2021

Representing Azrieli Group in Franchise Agreement with AllSaints

Our firm represented Azrieli Group in the acquisition of the franchise for leading British fashion brand AllSaints. Firm partner Ariella Dreyfuss represented the client in the franchise agreement. The first store will be launched in August 2021.

July 1, 2021

Options to Buy Shares in a Company – Important Things to Know

Offering options to buy a company’s shares has become a legitimate benefit even for companies not in the high-tech field. As experts in the field, we were interviewed by Globes on what it means to receive options in a company.

June 24, 2021

Representing Danel Group in an Investment in a Medical Technology Company

Our firm’s Micky Barnea and Itay Gura represented Danel, a human resources, nursing, and medical services company, in its acquisition of 22% of Aviv Scientific, a leader in improving brain performance and treating the aging process. The transaction’s value is USD 22 million.

May 27, 2021

Representing Nofar Energy in Negotiations to Acquire Rights in Blue Sky Group

Firm partner Samuel Henri Samuel represented Nofar Energy in negotiations to acquire 67% of the capital of Blue Sky Group, a group of companies engaged in the development and construction of solar energy projects in the United States. The deal is valued at approximately USD 91 million. 

May 26, 2021

Basic concepts in the world of entrepreneurship

Tal Freilich lectured as part of a program for novice female entrepreneurs at the Tel Aviv University Entrepreneurship Center, which aims to provide a set of tools to female entrepreneurs at the beginning of their careers. Tal lectured on some of the most important basic concepts in the world of entrepreneurship.

May 23, 2021

Representing Migdal in Investment in Fintech Company Sunbit

The fintech company Sunbit, which has developed an AI-based technology that enables personalized payment options, raised USD 130 million in a series D financing round led by Group 11, Zeev Ventures, and Migdal Insurance. Our firm's Micky Barnea and Ariella Dreyfuss represented Migdal in the transaction.