Naschitz Brandes Amir represented Bird Aerosystems Ltd., a leading Israeli developer of advanced airborne protection and intelligence systems, and its shareholders, including FIMI Opportunity Funds, in connection with the company’s acquisition by Ondas Inc., a Nasdaq-listed U.S. defense technology company, at an enterprise value of $135 million.
Bird Aerosystems develops and supplies advanced airborne protection and intelligence solutions to defense and security customers worldwide. The transaction marks an important development in Israel’s defense technology sector and reflects the continued interest of global strategic buyers in innovative Israeli technology companies.
The Naschitz Brandes Amir multidisciplinary team advising on the transaction was led by Senior Partner and Head of the M&A Practice Sharon Amir and Partner Meital Zimberg Lederman, together with Partner Avi Ezra; Partner and Tax Practice Co-Head Yaniv Erlich; Partner and Head of the Antitrust Practice Golan Kaneti; Associates Salomé Spitz Mouchnino and Rawi Abu Nofal.