MERGERS & ACQUISITIONS

The German shipping giant is apparently not the only company to have expressed interest. ZIM's workers are fiercely opposed to a sale.

UK private equity firm Apax Partners has signed an agreement to acquire the Israeli second-hand market site from US private equity firm KKR.

The value of the deal is estimated in the tens of millions of dollars. Mine seeks to focus on products for the enterprise market.

Locusview, which has developed a digital construction management platform, has only raised $75 million, according to PitchBook.

Bezeq unit Pelephone has agreed to buy Hot Mobile for NIS 2.1 billion, subject to due diligence and regulatory approvals.

Doti has developed an AI-based “enterprise brain” that centralizes data and makes it accessible to workers.

Ofer owns 32% of the club, control of which is being sold to US asset management firm Apollo at a valuation of €2.2 billion.

The US Department of Justice (DOJ) has concluded its antitrust probe into the deal, both “Reuters” and “Bloomberg” report.

Carbyne manages the call centers and rescue operations of security services in the US, Mexico, and Israel.

Orbit Technologies, in which FIMI Opportunity Funds invested $15 million in 2018, is being sold to US company Kratos for $356 million.

The US design software company will use the acquisition of the Israeli AI design workflows company as a base to develop its operations in Tel Aviv.

Meitar and Arnon, Tadmor-Levy have decided not to proceed with the merger that would have created a combined firm with 900 lawyers.

The Israeli cryptocurrency security company will pay an estimated $90 million for Dynamic, which has raised $21 million to date.

Mey Eden has 40% of the Israeli mineral water market. The deal values its business at NIS 400 million.

The valuation of the deal in July was about $25 billion and in the day’s following the announcement Palo Alto Networks share price fell by 18%, dragging down the valuation of CyberArk in the deal.

Private equity firm Fortissimo is seen as a leading candidate to buy the Israeli precision irrigation pioneer, which is facing fierce competition in a stagnant market.

Cybereason, founded in Israel, and which was once valued at $2.73 billion, raised money earlier this year at a valuation of $850 million.

Market sources estimate the acquisition price at $30 million.

Kerur Holdings, which has a 38% stake in Tapugan, will post a pre-tax gain on the sale of NIS 192 million.

The Phoenix Holdings is paying NIS 150 million for the price comparison engine.

The company is buying cloud management platform company Pelanor for an estimated $20-30 million.

Melisron will pay Migdal NIS 818 million for 51% of the land rights in one of Israel's largest malls, with up to 40,000 visitors daily in the holiday season.

DigitalOwl's technology analyzes and summarizes medical records, serving insurance companies and lawyers.

The company, which was founded in Israel, has a drug for treatment of fatty liver in phase III trials, which was initially an asset of Teva.

Check Point will pay an estimated $300 million for Lakera, which has developed AI-native security platforms for agentic AI applications.

If negotiations between Meitar and Arnon, Tadmor-Levy mature into a deal, the combined firm will be the largest in Israel by a long way.

Edwards Lifesciences acquired 52% of Vectorious at a similar valuation in 2023, and is now buying the remaining stake of the Israeli company, which develops devices to treat heart disease.

Cato’s first-ever acquisition will expand its SASE cloud platform, enabling secure enterprise adoption of AI agents and public and private AI applications.

Sayata has developed an AI-enabled digital distribution marketplace for commercial insurance.

No financial details were disclosed but "Bloomberg" reports Varonis is paying up to $150 million for the company, which uses predictive AI to remove threats from email inboxes in real time.