SWA advises Top Image Systems on its purchase of eGistics
SWA advised Top Image Systems, Ltd. (NASDAQ:TISA; TASE: TISA.L) on its acquisition of eGistics, Inc., a Texas based company in a transaction valued at $18 million. Top Image paid the purchase price 50% in cash and 50% in TISA shares.
Top Image is a leading provider of enterprise content management software and mobile imaging technology and is listed on the NASDAQ and the Tel Aviv Stock Exchange.
Canaccord Genuity acted as exclusive financial advisor to Top Image in connection with the transaction. Schwell Wimpfheimer & Associates LLP acted as legal advisors to Top Image and Wilson Sonsini Goodrich & Rosati acted as legal advisor to eGistics.
The SWA team consisted of Managing Partner and head of SWA’s Securities practice group, Dov Schwell along with Daniel Baron and Ely Kronenberg, with support from Meira Ferziger on Labor and Employment matters, William Galkin on IP matters, Devorah Pomerantz on Tax matters and Louis Barr on Executive Compensation matters.