September Edition 2022

25 During 2020-2021 the Israeli market, having recovered from the initial Covid-19 influence, has seen exceptionally high volumes of M&A deals. Somuch so that according to certain analysts, the year of 2021 reflected a 70% increase in overall M&A deal value, with both local and foreign entities acquiring Israeli companies and fuelling the market with cash. This period of time has been the finest hour of sellers. Low interest rates alongside plenty of available funds and growing global interest in technology companies in the face of the Covid-19 crisis, led to increasingly high demand on the part of buyers, looking to take advantage of the inviting investing atmosphere in Israel and invest in Israeli companies. Naturally, a respective rise in the valuation of acquired companies followed, all leading to a very pro-seller market. * We wish to extend special thanks to our intern, Amnon Tsafrir, for his valuable contribution to this article. Time and Tide - Current Trends in Israeli M&A Market By: Amit Steinman and Avner Itzhaki, S. Horowitz & Co.* We may be looking at a major upheaval in the Israeli M&A market, as recent times have been quite a change compared the last couple of years. Amit Steinman Partner Avner Itzhaki Partner

RkJQdWJsaXNoZXIy MjgzNzA=