S Horowitz & Co

Israel

IFLR1000 Reviews

Financial and corporate

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. 

  

Focusses / specialisms 

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. 

  

Key clients 

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: 33rd edition (2023/2024)  

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: 33rd edition (2023/2024)  

Minrav Group NIS 350million bond issue 

Bank Hapoalim NIS 1 billion insolvency proceedings 

Robert Bosch GmbH $ 700 million M&A 

Derech Eretz Highways project development 

Electra and Minrav Group infrastructure project 

Shikun & BinuiSolel Boneh $ 1 billion infrastructure project 

  

Client feedback: 33rd edition (2023/2024) 

Project development 

“The service given is of the highest levelThe first thing to point out is uncompromising professionalism, coupled with the highest level of skill and competenceThe S Horowitz team with whom we work also have a deep knowledge both of all the relevant legal issues and of the business environment in which we operate.” 

 

Avigail Kastiel 

Trully a brilliant and less professional lawyer.” 

 

Yael Rozenberg 

“Very professional, available, creative, always looking for a solution to problems.” 

 

Gitit Grinberg 

“Smart, sharp, creative, helpful, with broad knowledge and the ability to pass it on to all the members of the company, Has the ability to understand and improvise.” 

 

Ron Vered 

“Has phenomenal knowledge in the field of infrastructure and energy. Professional, pleasant, smart, knows how to negotiate.”