February Edition 2021

24 Cliff Felig, Corporate And Securities Partner, Meitar DEFINING DEAL OF 2020 The acquisition of Armis by Insight Partners of the U.S. The USD 1.1 billion deal shaped Israel in 2020 because it was the largest acquisition ever of a private cyber security company in Israel and because it featured a PE fund to become a major acquirer. I have to say also that the Eilat-Ashkelon Pipeline Company (EAPC)’s binding MoU with MED-RED in a deal allowing oil to be trans-shipped from the United Arab Emirates to Europe via a pipeline that connects the Red Sea city of Eilat and the Mediterranean port of Ashkelon. If finalized, the deal will be one of the most significant partnerships to emerge so far since Israel and the UAE normalized relations. Alan Annex, Shareholder, Co-Chair Global Corporate Practice, Greenberg Traurig DEFINING DEAL OF 2020 ARKO Holdings Ltd. and Haymaker Acquisition Corp. II Amajor trend inthetransactionalworldover thepast year hasbeentheSPAC IPO, which served as a popular alternative for the traditional IPO. SPACs in 2020 have raised over USD 79 billion and made up most of the growth in the U.S. IPO market compared with 2019. The most noteworthy SPAC transaction of the year involving an Israeli company was the USD 1.4 billion merger between our client, ARKO Holdings Ltd. and Haymaker Acquisition Corp. II, a publicly traded SPAC. ARKO is the controlling owner of GPM, the seventh-largest convenience store chain in the U.S. with nearly 1,400 stores across the country. Annex led a multidisciplinary, multijurisdictional team to handle the numerous legal aspects of the deal.