June Edition 2023

38 The Israel Desk of international law firm Taylor Wessing continues to make an impact with its focus on dynamic sectors, including high-tech, life sciences and healthcare, and flies high in real estate. While the firm is visible also in litigation, notably cryptocurrency disputes, there are also significant real estate and aviation financings involving Israeli parties. The Israel Desk has advised on key M&A and capital markets transactions, under the guidance and experience of London-based Josef Fuss, who co-leads the international Technology, Media & Communications sector group. He co-heads the Israel Desk with Israel-based Nathan Krapivensky. Visit: Israel Page One of the most preeminent firms with a commitment to Israel spanning several decades is White & Case, which is entrenched among the elite law firms in Israel related M&A and capital markets, both in volume and value. Through the depth of its expertise in the firm’s London and New York offices, the team is a go-to group for sophisticated and high-quality instructions and is one of the go-to law firms in Israel related M&A. The team excels under the leadership of New York-based Colin Diamond – one of the lead lawyers on U.S. IPOs by Israeli issuers - and London-based Daniel Turgel, committed to the Israeli market for more than a decade. Diamond advised Tufin Software Technologies on its USD 570 million acquisition by Turn/River Capital, as well as Tigo Energy, Inc. on its USD 600 million combination with a SPAC, under which Tigo Energy will become a publicly traded company. Meanwhile, Turgel’s diverse practice saw him act for SoftBank Vision Fund II as the lead investor in the Series E financing round of Claroty Ltd., an Israeli industrial cybersecurity company. He also acted in the largest IPO on the London Stock Exchange in 2022, when representing Goldman Sachs and Morgan Stanley as joint global coordinators, HSBC Bank, Jefferies and BofA Securities as joint bookrunners, and ING Bank as co-lead manager on the IPO of Ithaca Energy Limited and its premium listing on the London Stock Exchange. The offering raised a total of £262 million (exclusive of the over-allotment option), valuing the company at £2.5 billion. Owned by Israeli-listed Delek Group, Ithaca Energy is one of the largest independent oil and gas companies with production and development activities in the UK Continental Shelf, ranking second by resources and third by production. White & Case Taylor Wessing