Ben Richards

Partner

San Francisco

Ben Richards has extensive experience in public and private securities transactions, including initial public offerings, SPAC business combinations, secondary offerings, block trades and high-yield, investment grade and convertible debt offerings.

Ben also advises companies on mergers and acquisitions and other strategic corporate transactions as well as corporate governance matters, including public company reporting and SEC compliance, stock exchange listing requirements and securities transfer issues.

Ben was a member of the team that advised Boeing and handled billions worth of capital markets offerings that won “Dealmaker of the Year” recognition by The American Lawyer in 2025.

Prior to joining Orrick, Ben was a partner at Kirkland & Ellis LLP and also worked at Davis Polk & Wardwell LLP.

Engagements
Initial Public Offerings
- Suja Life, Inc. (Nasdaq: SUJA), a functional beverage company
- Black Rock Coffee Bar, Inc. (Nasdaq: BRCB), an operator of guest-centric, drive-thru coffee bars
- Palmer Square Capital BDC Inc. (NYSE: PSBD), a business development company
- Xometry, Inc. (Nasdaq: XMTR), a leading AI-enabled marketplace
- Alkami Technology, Inc. (Nasdaq: ALKT), a leading cloud-based digital banking solutions provider
- Acutus Medical, Inc. (Nasdaq: AFIB), an arrhythmia management company
- Grocery Outlet Holding Corp. (Nasdaq: GO), a grocery store operator
- Atreca, Inc. (Nasdaq: BCEL), a biopharmaceutical company
- Personalis, Inc. (Nasdaq: PSNL), a cancer genomics company
- Elastic N.V. (NYSE: ESTC), an AI-search company
Follow-on Offerings and De-SPACs
- Whirlpool Corporation (NYSE: WHR) in connection with its $1.1 billion concurrent common stock and mandatory convertible preferred stock offering
- The Boeing Company (NYSE: BA), in connection with its $24.25 billion concurrent common stock and mandatory convertible preferred stock offering
- Multiple secondary offerings of LifeStance, Inc. common stock (Nasdaq: LFST)
- Multiple secondary offerings of Klaviyo, Inc. Series A common stock (NYSE: KVYO)
- $163 million secondary offering of JAMF Holding Corp. common stock
- $180 million secondary offering of Oak Street Health, Inc. common stock
- $300 million secondary offering of R1 RCM, Inc. common stock
- De-SPAC transaction of Nogin, Inc.
- $537 million public offering of Opendoor Technologies Inc. commor stock (Nasdaq: OPEN)
- De-SPAC transaction of PLAYSTUDIOS, Inc.
- $34 million offering of Corvus Pharmaceuticals common stock (Nasdaq: CRVS)
- $216.2 million public offering of NanoString Technologies, Inc. common stock (Nasdaq: NSTG)
- $100 million at-the-market offering of Atreca, Inc. common stock (Nasdaq: BCEL)
- $125 million offering of Atreca, Inc. common stock (Nasdaq: BCEL)
- Concurrent $460 million public offering of II-VI Incorporated common stock and $460 million offering of II-VI Incorporated Series A mandatory convertible preferred stock (Nasdaq: IIVI)
- $439 million secondary offering of Grocery Outlet Holding Corp. common stock (Nasdaq: GO)
- $24.7 million public offering of Maxwell Technologies, Inc. common stock (Nasdaq: MXWL)
- $226.3 million public offering of Xencor, Inc. common stock (Nasdaq: XNCR)
- Secondary offering of GoDaddy Inc. Class A common stock (NYSE: GDDY)
- $600 million offering of Seattle Genetics, Inc. common stock (Nasdaq: SGEN)
M&A and Strategic Transactions
- Honeywell International Inc. (Nasdaq: HON) in its $1.4 billion sale of its Productivity Solutions and Services business to Brady Corporation
- Honeywell International Inc. in its sale of its Warehouse and Workflow Solutions business to American Industrial Partners.
- Zebra Technologies Corporation (Nasdaq: ZBRA) in its $1.3 billion acquisition of Elo Touch Solutions, Inc.
- Bain Capital in its investment in Sizzling Platter, LLC
- The Boeing Company in its $8.3 billion acquisition of Spirit AeroSystems
- R1 RCM, Inc. in its $8.9 billion take-private transaction with affiliates of TowerBrook Capital Partners and Clayton, Dubilier & Rice
- Diversey, Inc. in its $4.6 billion take-private transaction with Solenis, Inc.
- R1 RCM, Inc. in its $4.1 billion acquisition of Cloudmed, Inc.
- Recapitalization transactions for Brand Industrial Services, Inc., including issuance of $1.3 billion of senior secured notes, issuance of $1.1 billion in equity and entry into new credit agreements
- SMART Global Holdings Inc. in its acquisition of Penguin Computing, Ltd.
Debt Offerings
- $10 billion debt issuance for The Boeing Company
- Multiple debt issuances for Deere & Co. (NYSE: DE) for a total of over $20 billion, including Deere’s first sustainability-linked bond
- Multiple debt issuances for Whirlpool Corporation
- $500 million debt issuance for Zebra Technologies Corporation
- $400 million debt issuance for Allegion plc (NYSE: ALLE)
- Multiple debt issuances for Blue Owl Technology Finance Corp. (NYSE: OTF)
- Multiple debt issuances for CION Investment Corporation (NYSE: CION)
- Multiple debt issuances for Golub Capital Private Credit Fund
- Multiple debt issuances for Texas Instruments, Inc. (Nasdaq: TXN) for a total of $5.8 billion
- $850 million debt issuance for Opendoor Technologies Inc. (Nasdaq: OPEN)
- Multiple debt issuances for Uber Technologies, Inc. (NYSE: UBER) for a total of $2 billion
- $1.25 billion debt issuance for Twitter, Inc. (NYSE: TWTR)
- $874.5 million debt issuance for Zynga, Inc. (Nasdaq: ZNGA)
- $2 billion debt issuance for Intuit Inc. (Nasdaq: INTU)
- Multiple debt issuances for Palo Alto Networks, Inc. (Nasdaq: PANW) for a total of $3.5 billion
- Multiple debt issuances for Flex Ltd. (Nasdaq: FLEX) for a total of $1.2 billion
- $230 million debt issuance for NanoString Technologies, Inc. (Nasdaq: NSTG)
- $750 million debt issuance for Citrix Systems, Inc. (Nasdaq: CTXS)
- $250 million debt issuance for SMART Global Holdings Inc. (Nasdaq: SGH)
- $86.25 million debt issuance for Heska Corporation (Nasdaq: HSKA)
- $115.5 million debt issuance for Harmonic Inc. (Nasdaq: HLIT)
- $300 million debt issuance for Insight Enterprises, Inc. (Nasdaq: NSIT)
- $1 billion debt exchange offer for Amazon.com, Inc. (Nasdaq: AMZN)
- Multiple debt issuances for Comcast Corporation (Nasdaq: CMCSA) for a total of $31 billion
- $2.5 billion debt issuance for Salesforce.com, Inc. (NYSE: CRM)
- Multiple debt issuances for Equinix, Inc. (Nasdaq: EQIX) for a total of €1.75 billion
*Please note: Ben’s experience includes that prior to joining Orrick.

News

D: +1 415 773 5661
E:[email protected]

Address:

The Orrick Building
405 Howard Street
San Francisco, CA 94105-2669
United States

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Practices

Admitted In
- California
- Utah

Education
- Harvard Law School, J.D., 2017, cum laude
- Brigham Young University, B.S., Finance, 2014, cum laude

Honors
- Advised on transactions for Boeing that were recognized in “Dealmaker of the Year,” The American Lawyer (2025)

Languages
- Japanese