April 18, 2013

Gornitzky represents Tene Investment Funds in a USD 168 million sale of its holdings in Caesarstone.

Gornitzky represented Tene Investment Funds, a private equity firm, in the USD 168 million sale of its holdings in Caesarstone Sdot-Yam Ltd. (Nasdaq: CSTE) in an underwritten follow-on offering.

J.P. Morgan Securities LLC, Barclays Capital Inc. and Credit Suisse Securities (USA) LLC served as the joint bookrunning managers for the offering, and Stifel, Nicolaus & Company, Incorporated and Robert W. Baird & Co. Incorporated served as the co-managers for the offering.

The representation of Tene Investment Funds was led by Chaim Friedland (Partner) and Ari Fried (Partner).


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