Arnon, Tadmor-Levy
Arnon, Tadmor-Levy
has been serving clients in the Israeli market since 1973.
The firm advises across the spectrum of financial and corporate law including including banking, foreign capital markets, investment funds,
M&A,
projects and restructuring. The firm has a focus on banking and finance, advising on syndicated loans and cross-border
financings. The firm works beyond traditional banking, encompassing major insurance and pension funds groups, as well as non-bank financing entities. With a keen focus on emerging financial technologies, the has developed unique proficiency in novel payment apps and financial services.
Research period review: 34th edition (2024/2025)
Blackrock $280 million senior credit facility fo Pagaya Technologies.
HSBC $600 million financing to Ratio Energies.
Adaptive Shield $300 million acquisition by Crowdstrike Holdings.
SOCAR's 48% acquisition of Union Energy shares.
Among the clients of the firm are Citibank, Bank Hapoalim, Israel Discount Bank, Harel Insurance Company, C.A.L, Bank Leumi, BNP Paribas, HSBC Bank, JPMorgan, Max It Finance, Bank
Hapoalim, The Phoenix Insurance Company, Vintage Investment Partners,
OurCrowd,
Intel, IBM, Palo Alto Networks, Medtronic, Ministry of Defense, Shanghai International Port Group,
Wärtsilä Corporation, Scorpio Real Estate, Packer Construction Steel and Globus Max.
Client feedback: (2024/2025)
"Highly professional and available." - Banking
"Higly proffesional and service biased." - Financial Service regulatory
"The Arnon team has been responsive despite the fact that I am located in California and always makes themselves available even during challenging hours. The team is very knowledgeable on venture capital investments and M&A transactions in Israel." - M&A
"Their team work for multiple types of legal work." - M&A
"Arnon, Tadmor-Levy stand out for their exceptional professionalism, deep sector-specific expertise, and practical, solution-oriented approach. Their team demonstrates an impressive understanding of both the legal and technical aspects of large-scale infrastructure and energy projects, enabling them to provide advice that is not only legally sound but also commercially strategic. They are highly responsive, accessible, and proactive, often anticipating challenges before they arise. Their ability to navigate complex regulatory frameworks, negotiate effectively with multiple stakeholders, and maintain a clear focus on achieving the client’s objectives makes them a truly valuable partner in this type of work." - PPP/PFI
"Arnon, Tadmor-Levy consistently demonstrate a very high level of legal expertise and client service. Their team is highly responsive and solution-oriented, with a strong ability to navigate complex legal and commercial challenges. One of their key strengths is their proactive communication—ensuring the client is involved and informed at critical decision points. Their deep understanding of infrastructure and PPP projects, combined with their collaborative approach, makes them a valuable strategic partner." - PPP/PFI
"Comprehensive business law team,. Practical, results-oriented approach. Deep expertise in insolvency law and local practice. Responsive client service." -
Restructuring
"In depth analysis of legal matters with creative solutions." - Kobi Ben Chitrit
"Liron is responsive, very knowledgeable of M&A and venture capital financings, efficient, makes herself available for meetings (even during off-business hours), and meets deadlines effectively." -
Liron Hacohen
"Noa Meidan consistently delivers exceptional legal work, demonstrating deep expertise and attention to detail. She maintains open and continuous communication, ensuring the client is regularly updated and involved throughout the process. Her ability to manage large-scale, complex legal tasks efficiently and effectively is a key strength, contributing significantly to the success of our projects." -
Noa Meidan
"Roni Osborne excels in providing clear, well-structured, and insightful legal advice in the energy sector. He combines deep subject-matter expertise with a practical approach, ensuring that complex legal and regulatory matters are translated into actionable solutions. Roni is highly responsive, approachable, and committed, often going beyond expectations to support project needs. His ability to quickly grasp technical details, anticipate potential issues, and navigate complex negotiations makes him a trusted and valuable partner." -
Roni Osborne
"Flexible and strategic thinking. Clear communication. A calm presence in a storm." - Yuval Bargil
AYR – Amar Reiter Jeanne Shochatovitch & Co
AYR
Amar Reiter Jeanne
Shochatovitch & Co
is a full-service firm
established in 2010 in Bnei Brak. Many of its lawyers are qualified to practice law abroad in other countries in addition to in Israel.
The firm works leading entities on the domestic and international market in large-scale financing transactions, mainly in the fields of project financing and corporate financing, and played a central part in some of the largest financing transactions that the Israeli market has known, in sums of hundreds of millions and even billions of NIS, primarily in the fields of construction, infrastructure, energy, defense, and transport. The firm has a strong banking and finance practice advising Israeli companies as borrowers in mostly domestic lending transactions. The recently project development practice specializes in infrastructure. Other areas of focus for the firm include M&A and restructuring and insolvency.
Highlights
Issta Properties strategic investment with Leumi Partners.
Neve Tzedek Group loan facility from Discount Bank.
Bazan Group ongoing national planning strategy and inrastructure proceedings in Haifa Bay.
Client Feedback: (2024/2025)
"What truly stands out aboutpartner Amit Lederman of AYR is the unique combination of precision and creativity that his insolvency practice brings to the table. In particular, working with Amit has consistently demonstrated how complex insolvency situations can be navigated with both technical accuracy and innovative thinking. He is able to craft solutions that are fully aligned with the intricacies of Israeli insolvency laws yet tailored in a way that addresses the commercial realities of each case." -
Insolvency
"They are is leading the negotiation and execution of the agreement, providing end-to-end counsel on transaction structuring, due diligence, zoning compliance, and regulatory approvals. This strategic acquisition allows Hibat Eliyahu to participate in one of Israel’s most high-profile and sought-after real estate developments. The transaction exemplifies our firm’s strength in facilitating high-value real estate deals, with a focus on strategic land rights, planning frameworks, and asset potential in Israel’s most competitive urban markets." - M&A
"The AYR partners who advise us are not only top-tier excellent counsels, but they also provide their services with great care and attention, together with extraordinary customer-centered approach." -
Project development
"Clients receive direct, senior-level attention from Amit himself throughout the process, rather than delegation to junior associates, which is more typical in larger firms. This not only creates efficiency but also gives clients the assurance that each step is carefully calibrated to their specific needs." - Amit Leaderman
"He listens to the clients' needs and provides instant and creative solutions." - Yoav Caspi
"Extremely knowledgeable and experienced, very customer-oriented approach." - Alon Edelman
Key clients include Bank
Hapoalim,
Amitim, Lemonade Group, Mayer Group, Shriki Group, Knesset Israel and
Otzar Ha-hesed Associations,
Microdoft, The Bazan Group, Gindi Group and
Kavim.
Erdinast, Ben Nathan, Toledano & Co
Erdinast Ben Nathan Toledano & Co is a full-service firm in Tel Aviv. It was established in 1928.
Research period review: 34th edition (2024/2025)
The banking team excels in complex corporate and transaction financing, with a focus on cross-border matters. The firm handles large scale banking and regulation projects, such as the establishment of a new digital bank in Israel, which is a landmark project that involves complex regulatory filings and negotiations vis-à-vis the Bank of Israel, as well as formation of corporate structure involving multiple jurisdictions.
The firm advises on deals across many industries, such as banking, energy, and high-tech. It engages in transactions in banking & finance, capital markets, mergers & acquisitions, project development, and restructuring and insolvency. The firm has experience advising on Israeli, English, German, and American law.
Highlights
Acquisition of Eshkol power plant from Israel Electric Corporation.
Sale of Sharon Personal Care by Tene.
Key clients
Key clients include Mizrahi-Telahot Bank, Avnon Group, Yesodot Fund, More Investment House, Bank Leumi, Bain Capital and BrightSource.
Client feedback: (2024/2025)
"Roy accompanied us in negotiations and provided solutions to all problems that arose during the preparation of the documents. He works efficiently and quickly, providing quick responses and ongoing advice throughout the life of the transaction." -
Bank lending
"Highly preofessional team, very motivated and always available. Very business savvy." - M&A
"We initially chose to work with them due to their strong reputation in the market, their commercial and business-oriented approach, and their proven experience in cross-border transactions. From the outset, they demonstrated not only deep legal expertise but also a pragmatic, solutions-driven mindset that aligns well with the needs of a private equity fund. The EBN team is one of the most well-rounded and responsive legal teams we have worked with. They have a strong team and the ability to cover all aspects of a transaction, including real estate, regulation, tax, project finance, labor law, and corporate finance. What sets them apart is the coordination across departments, which creates a seamless client experience. The partners are hands-on and truly integrated into the team bringing not just legal advice, but real commercial insight. Their responsiveness, professionalism, and ability to deliver on time and within budget is excellent." -
M&A
"The practice is highly business oriented. The team focuses on getting the best commercial results for their clients." -
M&A
"Strong business acumen." - M&A
"Superior professionalism, great level of service, real team players." -
Project development
"Proffesssionality, level of service, great team players, commitmment." - Project development
"Roy accompanied us in negotiations and provided solutions to all problems that arose during the preparation of the documents. He works efficiently and quickly, providing quick responses and ongoing advice throughout the life of the transaction." - Roy Gross
"Excellent M&A lawyer - very business savvy, finds creative solutions quickly, super responsive." -
Nitzan Aberbach
"Our primary contact at EBN is Lior Oren, who specializes in cross-border M&A, and was recently appointed Managing Partner of EBN. He is an exceptional legal advisor and a true partner in every sense and an integral part of our team whenever legal needs arise. Lior brings strategic thinking, commercial sensitivity, and excellent coordination skills. Lior is very accessible and easy to work with. He's a good sport and very friendly. At the same time, he can be tough and stick to his gun during negotiations and is generally an aggressive negotiator which we find useful. He is very attentive, and at some point needed him to join us on an important trip to Dubai and he joined willfully on a very short notice and was extremely instrumental in such meeting and in the process as a whole. He is a good friend of the fund and we are very fortunate to have Lior on our side.
He is not only a lawyer but a deal maker who understands how to get transactions closed efficiently and effectively. We were initially introduced to the firm by Doni Toledano, an exceptional and unique lawyer, remarkable negotiator, and we still work him on selected high-stake matters which require his significant experience and gravitas. We also work with Eyal Wiesel for many years, who is responsive, sharp, and commercially astute. Eyal has become a central advisor to the firm as well, and in many cases, he acts a first chair advisor and delivers excellent value. Together, they form a cohesive, highly capable team. I can’t point to any material weaknesses as they are consistently strong performers." -
Lior Oren
"He is an exceptional service provider and a brilliant litigator." - Raanan Kalir
"Very professional and helpful." - Raanan Kalir
"Level of service, proffesionalism, commitment." -
Ronen Yardeni
FISCHER (FBC & Co.)
Fischer Behar Chen Well Orion & Co is among Israel’s largest and most well renown law firms. It was formed in 1958 and
advises clients out of an office in Tel Aviv.
Highlights
The firm works in the banking and financial sector's regulatory environment and broad market perspective. They have international prominent clients like
JP Morgan, whom they advised on Israeli commercial and venture banking activities, and other international banks approaching as local counsel for international financings.
The firm consistently secures roles in large lending, capital markets and M&A deals. The
capitals markets team is strong in debt and equity work. It has recent issuer side IPO experience and has worked on the sell and buy side of conventional and hybrid bond issues, working for institutional investors as issuers on some deals. The firm was active on
a number of debt issues by US real estate companies issuing debt in Israel recently.
In M&A the firm is involved in large strategic deals – both cross border and domestic – and has recently worked on high-profile banking and financial services and energy sector deals.
Research period review:
34th edition (2024/2025)
Energian Israel Finance $750 million syndicated financing for partial refinancing of existing bonds.
Bank Hapoalim NIS 1 billion credit lined notes.
Sale of controlling shares of The Pheoenix Holdings for $563 million.
Jtrain construction and financing of the Blue Line of the Jerusalem Light Rail Transit Network.
Key clients include
Bank Leumi Le-Israel, Israel Discount Bank, Mizrahi
Tefahot Bank, JP Morgan, Discount Capital, Harel Insurance Group,
Amitim Pension Funds,
Universal Motors Israel, MLRN Projects and Trade, Carmel Winery, Perrigo Company, Rafael Advanced Defense Systems, The Capri Family Foundation and Holmes Place.
Client feedback: (2024/2025)
"I like the professionalism and knowledge of Fischer's attorneys including in particualr that of Sharon Rosen who stands out as one of the best attorneys I know." - Capital markets
"The team is highly professional, very responsive, and possesses deep legal and commercial understanding." -
Capital markets
"This is a team of top-tier lawyers in insolvency and corporate restructuring, led by partners attorney Lihi Blumenfeld and attorney Amit Pines. The team also includes attorneys Omer Zaltzberg, Tal Arazi, and Aviad Gurman, who are leading experts in the field with deep knowledge in corporate rehabilitation and have been successfully managing corporate restructuring cases in Israel for many years. The team is cohesive and has worked together for a long time." -
Insolvency
"I work with Itai Brafman and Adi Ron. They are highly available, professional, and pleasant to work with. Itai Brafman is one of the leading attorneys in the field of limited partnerships in Israel. He possesses extensive knowledge, deep legal and commercial understanding, and is always composed and precise, while also being very personable." -
Investment funds
"They are quite personal and very engaged to help the company." -
Investment funds
"Experience, professional, deal maker." - M&A
"Very pleasant to work with, very smart, great at dealing with complex situations." -
M&A
"Very practical advice, coupled with a cooperative approach to the portfolio company management, which helps to create additional options for resolution of issues." -
M&A
"What we value most in working with Adv. Hezi Katan from FISCHER (FBC & Co.) is his availability, professionalism, and deep understanding of the legal and commercial aspects of our work. More than anything, his ability to resolve complex issues efficiently and to act as a true partner in moving transactions forward makes him stand out." -
M&A
"Availability, professional, resourceful, outstanding service, persistent and personal care." -
Private equity
"Extremely practical and solutions-oriented." -
Eran Yaniv
"Eran is taking care of all legal issues. It comes with a lot of responsibility and personal care in the most professional and kind way." -
Eran Yaniv
"Manages the relationships and delegates the work internally well." -
Eran Yaniv
"Hezi Kattan excels at focusing on the key risks, distinguishing between minor and critical issues, providing valuable advice based on his experience in the field, resolving matters with counterparties, and proactively identifying potential risks." - Hezi Kattan
"He is one of the leading attorneys in the field of public traded limited partnerships; he has an excellent understanding of the industry, extensive experience, a strong grasp of both the legal and commercial aspects, and he remains composed and is a pleasure to work with." - Itai Brafman
"He is highly professional, with a very deep familiarity with the market and the legal framework. He is calm, pragmatic, highly responsive, and a pleasure to work with." -
Itai Brafman
"Lihi Blumenfeld is a leading attorney in Israel in the field of insolvency, with broad knowledge in corporate restructuring. She possesses strong capabilities in company operations, employee management and motivation, as well as significant ability to manage complex litigation related to insolvency that spans multiple corporations and periods." -
Lihi Blumenfeld
"Ron Lehmann is an excellent manager of teams. Avraham Well is as good as they come in terms of dealing with complex M&A situations." -
Ron Lehmann
"Sharon is sharp and highly responsive. She also is very good managing clients and communicating complex issues in an understandable manner." - Sharon Rosen
Gissin & Co
Gissin & Co is an Israeli firm founded in 1994.
The firm has a focus on corporate and finance law and specializes in debt capital markets. The firm actively works
in debt arrangements and insolvency proceedings. The firm department has been involved in most of the largest public debt arrangements in Israel (IDB, Delek Real Estate, Africa Israel, Suny, Alon Blue Square, Mirland), and insolvency proceedings of leading public companies (Urbancorp, BSR Europe, Starwood, Brookland).
Key clients include Hermetic Trust, Mishmeret Trust Company, Reznik Paz Nevo, Brookland Upreal, Phoenix Insurance.
Gornitzky & Co
Gornitzky & Co is a full-service law firm established in 1938 with offices in Tel Aviv and
Herzlia
Pituach.
The firm routinely advises on large, cross-border M&A deals including a lot of SPACs recently. It is very active in infrastructure and energy project financing, advising companies from pre-qualification stage through to commercial operations. Its restructuring and insolvency team
provides legal counsel to all parties in complex local and cross-border proceedings.The firm actively advises in banking, capital markets, M&A, project development, project finance and restructuring.
In banking, the firm advises borrowers, arrangers and lenders on a variety of lending transactions including aviation financing.
In capital markets the firm advises issuers and underwriters on bond issuances in Israel.
In the M&A space, the firm represents both buyers (shell companies) and sellers, serving as lead counsel for Israeli companies and local Israeli counsel for international companies.
Project development work consisted of negotiating finance and concession agreements and public procurement transactions representing clients in transportation, energy, gas and social infrastructure.
In project finance the firm is involved in confidential financing in infrastructure and energy projects in Israel and abroad.
The firm advised financial services providers on restructurings and represented bondholders in liquidation proceedings.
Deal Highlights
Sjikun & Binui Energy and Noy Fund PPP project.
SAP SE $1.5 billion acquisition of WalkMe.
Xero $3 billion merger with Melio.
Key clients include SAP NE, Priority Software Solutions, Boston Scientific Corporation, Xero Limited, OPC Energy, Dan Public Transportation, Doral Group, Ratio Energies, Keystone Fund, Bank Hapoalim, HSBC Bank, Leumi Bank, Deutsche Bank, Goldman Sachs, JonesTrading, Gauzy.
Harpaz Oren Adler & Co
Israeli boutique law firm Harpaz, Oren, Adler and Co
is based in Ramat Gan, Tel Aviv. It was established in 2002.
Focusses / specialisms
The firm is recognised for its work in project development.
It provides comprehensive legal support of all stages of the project life-cycle including tender, project finance, claims and contract management. Besides representing some of the largest Israeli construction companies and public sector clients such as Ayalon Highway, the firm is known for assisting Spanish Infrastructure companies seeking to enter the Israeli market.
Key clients
Key clients include Ashtrom Group, Lesico, Oron Group, YSB Group, Ayalon Highway, ACS Group, Commonwealth Dynamics, IMASA Ingeniería y Proyectos, Sacyr Construcción and Valoriza Agua, Parros Group and IPROCEL.
Research period review: 34th edition (2024/2025)
During the research period the firm had notable transactions in several sectors including energy, transport, infrastructure, engineering and construction.
Herzog Fox & Neeman
Tel Aviv based full-service commercial law firm Herzog Fox & Neeman is among the leaders in Israel. The firm was established in 1972.
The firm provides practical advice to foreign and local banks and financial institutions, that allows them to stay on top of the latest trends in the global financial markets.
The firm advises on fundraising, and all other legal, administrative and operational aspects. The team specialises in various types of funds and represents both fund managers and investors in funds.
The firm worked in most significant projects in a range of sectors: conventional energy, renewable energy, oil amd gas, ports, natural resources, military facilities, infrastructure, roads, rail, and more.
The firm provides comprehensive advice on all types of complex, high profile, domestic and cross-border restructuring transactions and insolvencies, including the full range of corporate insolvencies, rehabilitation and restructuring issues, shutdowns and insolvency proceedings including exchange offers.
Client Feedback: (2024/2025)
"Yossi is a phenomenal team player. This is on top of being one of the best litigators in Israel. He delivered big time and provided best value imaginable." - Asset Finance
"Very innovative. Willing to take calculated risks." - Banking and finance
"I can confidently attest to their exceptional expertise, professionalism and dedication to delivering outstanding services to their clients." -
Banking and finance
"Responsive, commercial and smart." - Capital markets
"Herzog has, hands down, the best private investment funds department in Israel." -
Investment funds
"They are very professional, hard-working, and well connected personnel. In addition, they have years of knowledge with respect to what we are working on with them. They also have much knowledge in real estate, which is associated to our operations and objective." - Investment funds
"We particularly value their deep understanding of the venture capital ecosystem, responsiveness, and ability to combine global best practices with Israeli market nuances. The team is collaborative, highly professional, and proactive in identifying potential issues before they arise. Their tax expertise, especially from Michal Lavi, adds significant value when structuring deals." - Investment funds
"Highly professional and readily accessible experts across all M&A aspects, offering end-to-end support—from agreement drafting to regulatory approval with the Competition Authority. Their guidance enables broad and strategic decision-making." - M&A
"Great availability, creative, business orientated and knowledgeable." -
M&A
"They are a fantastic team. Commercial, efficient - they set the benchmark in Israel." - M&A
"Local expertise with global perspective; strong understanding of how to adapt key US deal terms to an Israeli context." -
Private equity
"I was impressed by the quality of Herzog's services and their deep expertise in the world of Private Equity. What stood out most to me was their professionalism, responsiveness, and attention to details." -
Private equity
"great lawyer - commercial, responsive and understands international issues." -
Nir Dash
"Dror is a very good and professional lawyer. She understands excellent the issues we work on. Has years of knowledge." -
Tal Dror
"Tal Dror excels in fund structuring, LP negotiations, and complex cross-border transactions. She combines technical excellence with commercial pragmatism, ensuring that legal solutions are practical and aligned with market standards. Tal is also highly responsive, clear in her communication, and proactive in identifying potential challenges early on." -
Tal Dror
"Consistently demonstrates a high level of professionalism, dedication, and attention to detail." -
Tal Dror
"Very experianced, very clear, able to deliver quickly." -
Tal Dror
"Ran leads the corporate team. He is a great leader and deal maker, with a strategic understanding of how to achieve key objectives." -
Ran Hai
"Excellent management of complex negotiations and documentation." -
Michal Herzfeld
"Knowledgeable, great service – very professional, efficient, and reliable." - Itai Lavi
"Adv. Roy Nachimzon has been serving as the lead partner for Herzog Fox & Neeman. Throughout our collaboration, he has consistently demonstrated a remarkable combination of legal expertise and dedication. I was impressed by his passion and unwavering commitment to upholding the highest levels of professionalism, which truly set him apart." -
Adv. Roy Nachimzon
"Irit is great in analysing very complex legal questions, specifically in the banking, capital markets and derivatives sphere, using comparative law and deep knowledge of local regulatory history." -
Irit Roth
Meitar | Law Offices
Meitar Law Offices is one of the largest law firms in Israel.
The firm’s offices
are located in Ramat Gan.
The firm has depth and experience across all areas covered by the ranking tables. The firm works on matters involving securities regulators and the securities exchanges in the US and UK. They represent issuers and underwriters in structuring and executing securities transactions and disclosure matters in all the world’s major financial markets.
The firm has worked in projects, and energy practices, consistently recognized as a top-tier department for project finance and infrastructure. With over two decades of experience, the firm thrives on handling complex projects.
The firm specializes in guiding clients through the intricate landscape of financial distress, insolvency, and corporate restructuring.
In the capital markets
area the firm is experienced and active on the debt and equity side. On the debt side it frequently represents banks as issuers, including on regulatory capital issues. On the equity side it has recently worked for Israeli companies that have undertaken IPOs abroad and in addition to some headline local deals.
The firm has an active, highly regarded funds team experienced in advising managers and sponsors on forming real estate, private
equity and VC funds.
In M&A the firm
maintains
a track record of working on a good share of Israel’s largest deals and is
generally at the top of annual deal value and volume charts. The high-tech sector is an industry where the firm boasts considerable expertise.
The firm’s project team’s is one Israel’s strongest in both finance and construction contract and permitting advice. The team has worked for the state or the private sector on large infrastructure PPPs and had roles on host of large power projects. On the finance side the firm has experience advising syndicates of local and international banks funding infrastructure builds.
Key clients include
Bank Leumi, Bank
Hapoalim, Israel Discount Bank, Mizrahi
Tefahot, Bank of Jerusalem Ltd,
Similarweb, Amdocs, AudioCodes, Cellebrite CyberArk, Evogene, Formula Systems, Galmed,
Kornit Digital, Magic Software,
Medigus,
Mediwound,
hosla Ventures,
Vaizra Investments, Disruptive Capital Finance, Amadeus Capital, 83 North, Vector Capital, Accel, Arts Alliance, Applied Materials, Benchmark, Canaan, Carmel, Cedar Fund, Evergreen Venture Partners, Infinity,
Stratasys, Salesforce, Baidu, Nice, Verint, CyberArk, Fiverr, Philip Morris, Global E and
Mudabula.
Naschitz Brandes Amir
Corporate law firm, Naschitz Brandes Amir
has been serving clients in the Israeli clients since 1957.
The firm has a focus on equity capital markets and M&A. In equity capital markets, the firm is active advising on securities, contracts, on IPOs and convertible offerings.
Key clients
Key clients of the firm include Check Point, Wix, BofA Securities, Morgan Stanley, Goldman Sachs, Citi, Tremor International, Gilat Satellite Networks, FIMI Private Equity, Accel Solutions, Tel Aviv Stock Exchange, Inter Green, Ham-Let, Magal Security Systems, T.A.T. Technologies, ALD, Taldor Computer Systems 1986, Satcom Systems, Bet Shemesh Engines Holdings (1997), P.C.B. Technologies, G1 Secure Solutions, Micronet, Formula Vision Technologies, Siyata Mobile and Utron.
S Horowitz & Co
Established in 1921,
S Horowitz &
Co
is among the oldest firms
operating in Israel. The firm has 66 partners and a focus on international business. It is the exclusive member of
LexMundi for Israel.
The banking department is often active in corporate finance, acquisition finance, project finance and regulatory advice. The team represents both lenders and
borrowers
The capital markets team
assists in complex bond issues,
representing companies in the public and private placement debt and equity securities.
The M&A department
assists local and international clients in complex transactions. The team have experience in bio-med, telecommunications, software, energy and infrastructure.
The projects team is known for its work on projects in infrastructure, energy, oil and gas and construction.
Restructuring and insolvency
assists large Israeli banks in corporate rescue, bankruptcy,
liquidation and complicated multi-jurisdictional restructurings.
The firm
assists a wide range of clients including Discount Bank, Evature, technologies,
Minrav Group, JP Morgan Chase, Citigroup, Deutsche Bank, Credit Suisse, Goldman Sachs, HSBC, Morgan Stanley, UBS, Bank of America, Lloyds Banking Group, Barclays,
Minrav Group, Publicis Groupe,
Coral Reef Technology and Crypto.com.
Research period review:
34th edition (2024/2025)
During the research period, the banking team primarily
provided advice to lenders. Activity included advice to syndicates of lenders in project and acquisition finance.
Capital markets work for the firm included debt and equity transactions. On the equity side the team represented clients in IPO’s, private placements and secondary offerings. The team also
assisted clients in bond issues, and the issue of hybrid and convertible bonds.
The M&A team was active in complex and innovative transactions, including a hybrid investment by a private equity firm in an Israeli telecom. Other work included public, private
equity and strategic acquisitions.
Project development work included transportation infrastructure, renewable energy, social infrastructure projects. The team was involved
on PPP projects, regulatory law, and other concession agreements.
In terms of restructuring and insolvency work, the team represented creditors in complex bankruptcy proceedings. In particular, the team advised Israeli banks in several proceedings.
Deal highlights:
34th edition (2024/2025)
TA Associates and Fortissimo Fund V acquisition financing.
McDonald's Corporation acquisition of Alonyal.
Phoenix Insurance Group acquisition of Israel Post.
Joint venture of Danya Cebus and Dan Company in the Blue Line Jerusalem Light Rail Transit Network project.
Client feedback:
34th edition (2024/2025)
"They combine deep legal expertise with a practical, solutions focused approach. Their partners are hands-on, the team is highly responsive, and their cross-practice collaboration ensures seamless handling of complex matters. They anticipate issues, negotiate effectively, and consistently deliver outcomes that exceed expectations." - M&A
"First of all their level of service is great. they are always available. they are very experienced and provide confidence that we are in good hands." -
M&A
"S. Horowitz’s Capital Markets team is notable for its consistent availability, strong regulatory expertise, and practical approach to client service. The team provides timely, well-researched, and creative solutions to complex corporate and securities law matters, including transactions and regulatory compliance issues that require careful attention. Their collaborative work style and effective coordination across practice areas ensure that clients receive comprehensive support. The team also makes effective use of technology to streamline compliance processes and update internal enforcement plans. In my experience, S. Horowitz distinguishes itself through its thoroughness, attention to detail, and ability to address regulatory challenges in a professional and reliable manner." - Capital Markets
"He's highly proactive in spotting legal and commercial risks early and translating them into clear, actionable options. He combines deep expertise in M&A one all aspects with sharp negotiation skills that protect our position without jeopardizing relationships. His responsiveness and ability to anticipate next steps make him an invaluable adviser." - Amit Steinmam
"Amir Assali provides clear, practical, and business-focused advice on complex capital markets and corporate law matters. He is highly responsive and ensures that issues are addressed quickly and thoroughly, even under tight deadlines. Amir stands out for his deep knowledge of securities regulation and his ability to guide us through sensitive matters such as disclosure requirements, related-party transactions, and interactions with the Israel Securities Authority. I particularly value his combination of technical expertise, attention to detail, and ability to propose creative yet reliable solutions that align with our business objectives." - Amir Assali
Shibolet & Co
Shibolet & Co
is a corporate law firm based in Tel Aviv. The firm also has offices in New York and Shanghai.
The firm has a focus on banking,
debt and equity capital markets. The firm advises clients on a wide spectrum of matters including acquisition financing, re-financings, asset-based loans, bridge loans, cash flow loans, leveraged financings, multi-currency financings, secured and syndicated loans, project finance, debt restructuring, insolvency, regulatory and real estate finance.
Among the clients of the firm are Deutsche Bank, Morgan Stanley, Goldman Sachs, Silicon Valley Bank in Israel, Electra Group,
Ceragon Networks Ltd, NICE-Systems Ltd.,
Camtek Ltd,
Compugen, El Al Israel Airlines,
the Trendlines Group,
Takwin Venture Partners,
Top Capital Leader,
theDock Innovation,
Aviv Funds, Dorman Products, Searchlight,
Solegreen, Siemens, Fishman Family Properties, AG and Baidu.
Research period review: 34th edition (2024/2025)
During the research period, the banking team primarily
provided advice to borrowers and lenders. The activity included advice
on
insurance,
energy and financial services.
Capital markets work for the firm included debt and equity transactions. On the equity side the team represented clients in IPO’s, private placements and secondary offerings. The team also
assisted clients in bond issues, and the issue of hybrid and convertible bonds.
The M&A team and investment funds was active in complex and innovative transactions, including a
formation of a variable capital company incorporated in the Republic of Singapore. Other work included public, private
equity and strategic acquisitions.
Project development work included transportation infrastructure and energy projects. The team was involved
on PPP/BOT projects and tenders, including renewable energy, transportation, desalination, and construction.
Project finance projects included cross-border deals within the energy, transportation and
energy
sectors.
In terms of restructuring and insolvency work, the team represented insolvent entities,
shareholders and bidders.
Deal highlights: 34th edition (2024/2025)
Sonivie acquired by Boston Scientific.
Desktop Metal's $180 million cash merger with Nano Dimension.
Highcon System Insolvency proceedings.
Client feedback: 34th edition (2024/2025)
"The team is always on top of every issue with the highest professional level." - Capital markets
"Teamwork, detailed and helpful information" -
Financial Services Regulatory
"Professional, responsive, easy to work with." -
Investment Funds
"The team is truly business-oriented, dedicated to providing solutions and partner with us in executing our strategy!" -
M&A
"Deep business understanding blended with sofisticated negotiation capability, while balancing between maximising sell side upside and allowing buy side comfort." -
M&A
"I work with Jack Smith an excellent lawyer in international standards." -
M&A
"Perfectionism." -
Project Development
"The work was carried out with a high level of professionalism. The lawyers were highly responsive, demonstrated strong command of the details, and accompanied us closely throughout the entire process." - Project Development
Agmon with Tulchinsky
Agmon & Co – Rosenberg Hacohen & Co is based in Tel Aviv and has offices in Jerusalem and Be’er Sheva. In 2020, the firm expanded internationally with the opening of an office in Sydney, Australia.
Highlights: The firm focuses on banking and finance, representing both lenders and borrowers, and has experience in capital markets and M&A. It is also recognised for its work in the oil and gas sector.
Amit Pollak Matalon & Co
Amit Pollak Matalon & Co was established in 1956 and is based in Tel Aviv, with a longstanding reputation for providing comprehensive legal advice across commercial, corporate and public law. The firm combines depth in traditional practice areas with focused work in capital markets, restructuring and insolvency.
Highlights: Its capital markets practice includes debt, securities and derivatives matters, and the firm also advises on mergers and acquisitions, joint ventures and related transactional work, serving corporate and institutional clients.
Barnea Jaffa Lande & Co
Barnea Jaffa Lande is a commercial law firm based in Tel Aviv, advising both Israeli and international clients on a wide range of corporate and commercial matters. The firm regularly acts on cross-border mandates and supports foreign clients entering the Israeli market as well as Israeli clients operating abroad.
Highlights: The firm has a focus on investment funds and advises insurance companies, Israeli investment vehicles and hedge funds. Its work also spans corporate law, mergers and acquisitions, capital markets, banking and finance, real estate and infrastructure.
Epstein Rosenblum Maoz
Epstein Rosenblum Maoz was founded in 2006 and is based in Tel Aviv. The firm advises on a range of banking and finance, investment funds, M&A and project finance matters, with experience in international finance and regular work for foreign banks and major Israeli banks.
Highlights: The banking team advises on syndicated loans, asset finance, real estate finance and structured finance. The project development team advises on project finance tenders, project financing and power purchase agreements (PPAs), with work spanning the oil and gas, infrastructure and power sectors.
Firon Law Firm
M Firon & Co is based in Tel Aviv and has been serving clients in the Israeli market for more than 65 years. The firm also operates offices in Romania, Serbia, Bulgaria and Greece, and is a member of the global Interlaw network.
Highlights: The firm focuses on banking and finance, acting for borrowers, lenders and credit seekers, including banks and insurance companies. Its work also includes capital markets advice on debt and equity, M&A in the energy, infrastructure, real estate and insurance sectors, and projects work for public and private organisations in the energy and infrastructure sectors.
Goldfarb Gross Seligman
Goldfarb Seligman & Co was established in 1930 and is a corporate law firm with more than 300 attorneys, including over 100 partners. In 2020, the firm expanded through a merger with Rotenberg & Co.
Highlights: The firm focuses on banking and finance, debt capital markets, investment funds, M&A, project development and finance, and restructuring and insolvency. Its banking practice advises on corporate financing for banks, borrowers and lenders, while its capital markets work includes cross-border transactions and IPOs involving Israeli technology companies.
Greenberg Traurig
Greenberg Traurig is a full-service international law firm with an established presence in Tel Aviv, where it has been active in the Israeli market for more than 18 years. The office forms part of the firm’s broader international platform, supporting Israeli and cross-border matters.
Highlights: The firm has a focus on investment funds, particularly in the real estate sector. It is also experienced in M&A work, advising Israeli clients and supporting transactions involving non-Israeli clients.
H-F & Co
H-F & Co is a corporate law firm based in Tel Aviv. The firm focuses on corporate and M&A matters, advising clients on a range of corporate transactions and related advisory work under Israeli law.
Horn & Co
Horn & Co is a boutique law firm based in Israel, advising Israeli and international clients on corporate and capital markets matters. The firm is a member of Biolegis, a European network of law firms with expertise in the biotechnology and life sciences sectors.
Highlights: The firm focuses on debt and equity capital markets and regularly advises companies in the technology and biotechnology sectors, supporting clients on financing transactions and related corporate advisory work.
Krispin Rubinstein Blecher Kadouch, Law Offices
Krispin Rubinstein Blecher & Co is an Israeli boutique law firm formed in 2017 and based in Bnei Brak. The firm advises local and international clients on project-related matters within the Israeli market, with a particular focus on the energy and infrastructure sectors.
Highlights: The firm is active on projects in the electricity and natural gas sectors and regularly advises on large-scale power plants and natural gas developments. It also advises on infrastructure projects in Israel and supports clients across various stages of project development.
Lipa Meir & Co
Lipa Meir & Co is a corporate and commercial law firm founded in 1987 and based in Tel Aviv. Since January 2020, the firm has been part of Andersen Global, an international network of legal and professional services firms, supporting cross-border advisory work.
Highlights: The firm advises on capital markets and investment funds matters. Its investment funds practice includes advising on venture capital, buyout, debt and hedge funds, supporting fund formation, structuring and related transactional work.
Pearl Cohen Zedek Latzer Baratz
Pearl Cohen Zedek Latzer Baratz is an international full-service law firm with more than 200 lawyers in offices in Tel Aviv, Haifa, Boston, New York, Los Angeles and London. The firm provides legal advice across a wide range of practice areas, combining legal, commercial and technological expertise to support innovation-driven clients.
Highlights: The firm has a focus on capital markets work, particularly in the energy sector.
Raveh Haber & Co
Raveh Haber & Co is an Israeli boutique law firm established in 2013 by Gil Raveh and Miriam Haber and based in Ramat Gan. The firm advises domestic and international clients on Israeli law matters.
Highlights: The firm focuses on investment funds work, with particular experience in fund formation and related regulatory matters. Its practice includes advising funds and sponsors active in sectors such as high-tech, real estate and infrastructure, including cross-border fund structures involving foreign jurisdictions.
Raz Dlugin & Co
Raz Dlugin & Co is a boutique commercial law firm founded in 2008, advising Israeli and international clients on corporate and transactional matters. The firm works closely with growth-stage businesses, investors and entrepreneurs, supporting both domestic and cross-border activity.
Highlights: The firm focuses on investment funds and is particularly active in advising venture capital funds, private investors and angel investors. Its work also includes corporate and M&A matters, with experience advising clients in the gaming and IT sectors.
Simon-Vekslar Spierer Maoz
Simon‑Vekslar Spierer Maoz is a boutique corporate law firm founded in 2019 and based in Tel Aviv. The firm advises clients on corporate and transactional matters, with a particular emphasis on projects-related work within the Israeli market.
Highlights: The firm focuses on project development work, advising clients on the structuring, development and implementation of projects, including related commercial and regulatory aspects.
Steinmetz Haring Gurman & Co
Steinmetz Haring Gurman & Co has been serving clients in the Israeli market for more than 25 years, advising on a broad range of corporate and financial matters. The firm supports both Israeli and international clients on domestic and cross-border transactions.
Highlights: The firm focuses on banking and finance, capital markets, corporate and M&A, and investment funds. Its work spans transactional and advisory mandates for financial institutions, corporates and investment vehicles.
Tulchinsky Marciano Cohen Levitski & Co
Tulchinsky Marciano Cohen Levitski & Co was established in 1995 and is based in Tel Aviv. The firm advises Israeli and international clients on corporate and commercial matters, supporting both domestic and cross-border transactions.
Highlights: The firm focuses on M&A matters and has experience advising clients in the technology and pharmaceutical industries. Its work includes advising on mergers and acquisitions, joint ventures and related corporate transactions.
Tulchinsky Stern Marciano Cohen Levitski & Co
Tulchinsky Stern Marciano Cohen Levitski & Co was established in 1995 and is based in Tel Aviv. The firm advises Israeli and international clients on corporate and commercial matters, supporting both domestic and cross-border transactions.
Highlights: The firm focuses on M&A matters and has experience advising clients in the technology and pharmaceutical industries. Its work includes advising on mergers and acquisitions, joint ventures and related corporate transactions.
Vinograd & Co
Vinograd & Co is a boutique law firm established in 2014 and based in Tel Aviv. The firm advises Israeli and international clients on capital markets and investment-related matters, supporting both transactional and ongoing advisory work.
Highlights: The firm focuses on debt and equity capital markets and investment funds. Its work includes advising on bond issuances and regularly advising on pension investments and related regulatory and transactional matters.
Weksler Bregman & Co
Weksler Bregman & Co is a full-service law firm based in Tel Aviv and has been serving clients for more than 80 years. The firm is a member of MSI Global Alliance, an international association of independent legal and professional services firms with a broad global reach.
Highlights: The firm focuses on banking and finance and is particularly active in real estate finance. Its work includes advising borrowers on loan transactions and related financing arrangements, supporting clients on domestic and cross-border matters.
Yehuda Raveh & Co
Yehuda Raveh & Co has been serving clients since 1974 and advises Israeli and international clients on a broad range of commercial and financial matters within the Israeli market. The firm supports both domestic and cross-border transactions across multiple sectors.
Highlights: The firm focuses on banking and advises clients on a wide range of banking matters. Its project development work includes representing clients in the energy, natural resources and infrastructure sectors, advising on the development and financing of projects.
Yossi Levy & Co
Yossi Levy & Co was founded in 1992 and is based in Israel. The firm advises Israeli and international clients on infrastructure-related legal matters, supporting both public and private sector projects.
Highlights: The firm is experienced in project development and project finance, with a particular focus on work in the energy and rail sectors. Its work includes advising on the development, structuring and financing of large-scale infrastructure projects.
