Orrick Advises Expanse on Acquisition by Palo Alto Networks

November.12.2020

Orrick has advised San Francisco-based attack surface management platform Expanse on its definitive agreement to be acquired by Palo Alto Networks. The terms of the transaction includes approximately $800 million to be paid in cash and stock, subject to customary adjustments. The proposed acquisition is expected to close during Palo Alto Networks’ fiscal second quarter, subject to the satisfaction of regulatory approvals and other customary closing conditions. Orrick has represented Expanse since 2015.

The Orrick team, led by Mark Seneca and Anik Guha, includes Nicole Huang, Alexis Savini, Michael Yang, Steven Malvey, Karen Cannon, Alexa Ponist, Davis Doherty, Kathryn Montalvo, Katherine Hogan, Milana Karayanidi, Eric Wall, Harry Clark, Jeanine McGuinness, Kimberly Loocke, Derek Jones, Janice Dow, Patricia Zeigler, Josh Steiman, Scott Porter, Tim Greene, Heather Sussman, Matthew Coleman, James Tierney, Emily Luken, Deborah Abernathy, Luke Tenley and Alex Beezy.