White & Case Advises Tufin Software Technologies on its US$108 Million IPO

Press Release
2 min read

Global law firm White & Case LLP has advised Tufin Software Technologies Ltd. (NYSE: TUFN) in its US$108 million initial public offering on the New York Stock Exchange.

"Tufin is the first Israeli incorporated technology company to go public in the US market since 2014, making it a strategically significant listing on the NYSE," said New York-based White & Case partner Colin Diamond, who led the Firm's deal team. "We look forward to continuing to support the company as it enters an exciting new phase in its development."

Founded in 2005, Tufin is a leading security policy and firewall management corporation that is headquartered in Boston and Tel Aviv. The company provides cybersecurity solutions to over 2,000 customers in more than 70 countries across a range of environments including local networks, and private, public and hybrid clouds.

"Tufin is the 9th Israeli company that White & Case has represented in a US IPO during last decade making us the leading law firm taking Israeli companies public in the United States by a considerable margin," said White & Case partner John Vetterli, Regional Section Head of Americas Capital Markets. "We continue to be excited by the innovation and creativity that our Israeli clients bring to the market."

J.P. Morgan Securities LLC, Barclays Capital Inc. and Jefferies LLC acted as bookrunning managers in the offering.

The White & Case capital markets team consisted of partner Colin Diamond and associates Taryn Zucker, Leia Andrew and Drew Magee (all New York). They were supported by partners Henrik Patel, Sang Ji and Scott Weingaertner (all New York) and Steven Chabinsky and Daniel Levin (both Washington, DC), and associates Robin Heszkel, Brandon Dubov and Ketan Pastakia (all New York) and Cristina Brayton Lewis, Sandra Jorgensen and Paul Pittman (all Washington, DC).

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