Naschitz Brandes Amir advised Amal Holdings A.D. Ltd. and its shareholders, FIMI Opportunity Funds, Dalia Korkin, Poalim Equity, and Migdal, in connection with a secondary offering and the company’s initial public listing on the Tel Aviv Stock Exchange. The offering was completed for aggregate proceeds of approximately NIS 1.25 billion, at a market capitalization of approximately NIS 2.6 billion.
Amal Group provides nationwide advanced care services, including nursing and long-term care, assisted living and senior housing, mental health services, and programs for individuals with special needs.
The firm’s capital markets team advising on the transaction included partners Roi Turgheman and Shachar Hananel, together with associate Liran Karni.
For more information, see the article in Globes.