Ben Richards

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.

• 交易经验

  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.