Orrick Advises Workday on $510 Million Acquisition of VNDLY


Orrick is advising Workday on its definitive agreement to acquire VNDLY, a cloud-based external workforce and vendor management provider, for approximately $510 million.

With VNDLY, Workday will provide organizations with a unified workforce optimization solution that will help organizations manage all types of workers—salaried, hourly, contingent, and outsourced—and support a holistic talent strategy.

The transaction is expected to close in the fourth quarter of Workday's fiscal year 2022, ending Jan. 31, 2022, subject to the satisfaction of customary closing conditions, including required regulatory approvals.

The Orrick team advising Workday is led by Matthew Gemello together with Nicole Huang, Juliano Banuelos, Sarah Schaedler and Shannon Yavorsky.