Our firm, together with the global law firm Latham & Watkins, represented Lemonade in the signing of a merger agreement under which Lemonade will acquire Metromile – an American insurance company, traded on Wall Street, specializing car insurance and collecting and analyzing driver information.
The value of the deal between the two public companies is estimated at half a billion dollars, which will be effected through a share swap.
The transaction was accompanied by our firm’s Hi-Tech Department – by the partners Daniel Chinn and Saar Binyamin, together with Hila Faber, Ohad Bagad and Yakira Heller.
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