Private Equity

EBN boasts one of Israel’s most dynamic private equity transaction practices.

Our primary focus is furnishing guidance to local and international private equity funds across diverse industries throughout their investment endeavors, acquisitions, and operations within Israel. We actively structure the most prominent, large-scale, and intricate local and cross-border transactions involving equity funds in the Israeli market. As such, we represent the largest and most prominent private equity funds in their M&A and investment activities in the Israeli market.

Our proficient team possesses extensive expertise in representing these funds and crafting various innovative investment and exit strategies. These encompass leveraged buyouts, management buyouts, spinoffs, strategic investments, majority and minority acquisitions, joint ventures, and tailored structures. Our proficient team has extensive experience in representing private equity funds and structuring various innovative forms of investments and exit transactions, including leveraged buyouts, management buyouts, spinoffs, strategic investments, majority and minority investments or acquisitions, joint ventures, and other tailor-made structures.

Moreover, we provide ongoing advisory services to our private equity clients in their management and oversight of portfolio targets, including providing corporate, securities, financing, and litigation advice to portfolio companies.

We are further providing fund formation and structuring services, meticulously designed to align with specific tax and investment objectives. We collaborate closely with tax, accounting, and foreign counsel as required to ensure optimal outcomes.

• Representation of Permira, one of the largest European private equity funds, in various transactions and operations in Israel, including the acquisition and thereafter the sale of all of its holdings (approximately 61%) in the iconic drip irrigation pioneer Netafim to Mexichem, a Mexican public company for US $1.9 billion.
• Representation of XIO Group, a global private equity firm, in various transactions and operations in Israel, including
  • the acquisition of Lumenis Ltd., an Israeli medical device company which develops surgical, ophthalmology and aesthetic applications in consideration of approximately US$ 514 million; and
  • in its proposed acquisition of Meitav Dash, a leading Israeli investment house, for NIS 1.8 Billion.
• Representation of Tene Investment Funds, an Israeli leading private equity fund in various transactions:
  • the sale of 100% (together with all other shareholders) of the Israeli-based dairy herd specialist, S.C.R. (Engineers) Ltd. to Allflex Group in consideration for US$250 million;
  • NIS 150 million acquisition of 60% of the share capital of Sharon Laboratories Ltd., a global manufacturer and industry leader in the fields of development, production and marketing of preservatives for the food and cosmetics industries; and
  • USD 130 million acquisition of a substantial stake in Caesarstone Ltd., a leading Israeli manufacturer traded on NASDAQ.
• Representation of Magma Ventures, Vertex Venture Capital, Samsung Catalyst and Japanese SBI, in the sale of their shares in Argus Cyber Security, an Israeli smart car technology startup, to German tire and advanced car components company Continental, in a transaction valued at approximately US$450 million.
• Representation of the leading global venture capital funds Magma Venture Partners, Horizons Ventures, DFJ Venture Capital, Trilogy Equity, Iris Fund, DFJ Tamir Fishman in a USD 200 million divestiture of their portfolio company Hola Networks to EMK Capital Partners LLP, a UK private equity fund.
• Representation of Apax Partners, a global private equity investment group, in various transactions:
  • acquisition of approximately 76% of Psagot Investment House from York Capital in exchange for over NIS 2.35 billion (US $622 million); and
  • acquisition of a controlling interest in Tnuva, Israel’s largest dairy and food manufacturer, for a total amount of US$1.025 billion.
• Representation of Saban Capital Group, a leading global private investment firm in the acquisition of a controlling stake of 33% in Partner Communications by in consideration of US$400 million.