Legally Israel 100

21 Having been active in the Israeli market for well over two decades, Allen & Overy (“A&O”) has one of the most formidable Israeli practices, which thrives under the leadership of Lee Noyek, A&O’s presence on the ground in Tel Aviv, bringing significant experience of corporate finance, strategic M&A, divestments, joint ventures, public takeovers, refinancings and IPOs. This year, the firm commanded respect for its roles in striking M&A deals in the market. Highlights included advising DoorDash on the USD 8 billion acquisition of Wolt Enterprises, a Helsinki-based international technology company offering services in the food delivery, grocery and retail sectors in over 22 jurisdictions worldwide, including Israel. The team also represented NASDAQ-listed Peloton Interactive, Inc. on its acquisition of Precor, one of the largest global commercial fitness equipment providers, in a transaction valued at USD 420 million, with the firm’s co-head of technology for EMEA, London-based William Samengo-Turner advising. A pillar of the firm’s Israeli offering is its deep experience advising across the energy and infrastructure sector. In 2021 the firm saw Ed Moser represent the lenders to the successful bidder for Israel’s largest desalination plant – the Sorek B desalination plant. The firm also showcased its strength in capital markets with a Luxembourg team – led by partners Jacques Graas and Paul Péporté acted for NeoGames S.A. on its USD 82 million IPO. With a deep understanding of the Israeli market, Ashurst’s Israel Group has worked on numerous transactions involving Israeli clients reaching outside of Israel and non-Israeli clients transacting in Israel. Heading the Israel Desk is Etay Katz, well-known for advising the largest Israeli banks, institutional investors and fintech firms. Katz has represented the State of Israel in significant European capital market issuances and financial transactions and the Bank of Israel on transactions and regulatory matters. The Group also comprises Jake Green, co-head of the firm’s Finance Regulatory group and primary adviser for leading Israeli global fintechs, eToro and Plus500, as well as corporate partner Jonathan Cohen, who brings a particular focus on the Tech M&A space. Allen & Overy Ashurst