News| Ori (Ariel) Sheinkman
Gornitzky represents GEOC, a Chinese investment fund, in a USD 5 million venture financing round.
Gornitzky represented Shanghai GEOC Hengtong Investment Limited Partnership, a Chinese investment fund, and its affiliates in a USD 5 million Series B investment round in Vectorious Medical Technologies Ltd. in which they were the lead investors together with Broadview Ventures.
Vectorious Medical Technologies Ltd. is developing a minimally-invasive heart implant, which, together with a user-friendly external home-unit, provides easy-to-access daily medical data. The VectoriousTM system increases CHF patient quality of life by providing early, accurate physiological indication of cardiac decompensation. Patients enjoy ongoing, personalized care, physicians save lives and cut healthcare costs.
Shanghai GEOC Hengtong Investment Limited Partnership and its affiliates were represented by Timor Belan (Partner), Avi Meer, Ori Sheinkman (Labor), Oleg Omeli and Sharon Reingwirtz
Gornitzky represents Priority in its acquisition of Monitin Information Systems' ERP operations.
Gornitzky represented Priority Software in its acquisition of the entire ERP operations of Monitin Information Systems, a long-standing ERP developer and implementor for numerous Israeli corporations.
Priority is a portfolio company of Fortissimo Capital, a prominent Israeli private equity fund and this is its third acquisition in recent months represented by our firm.
We congratulate Priority on its continued expansion in Israel and abroad.