Fenwick & West represented Imperva, Inc. (NASDAQ: IMPV), a leading global provider of best-in-class cybersecurity solutions on-premises, in the cloud and across hybrid environments, in its pending acquisition of Prevoty, Inc., a leader in runtime application self-protection (RASP). The transaction is valued at $140 million in cash, subject to potential working capital and other adjustments, and is expected to close in the third quarter of fiscal 2018, subject to customary closing conditions.
The combination of Imperva and Prevoty will expand customers’ security capabilities and their visibility into how applications are accessed, what happens within the applications and how applications and users interact with data. More information about Imperva’s acquisition of Prevoty can be obtained from the company announcement.
The Fenwick transaction team included corporate lawyers David Bell, Matthew Karwoski, Maureen Montgomery and Jennifer Cho; technology transactions lawyers Ralph Pais, Michael Riskin, Russell Wong, Vanessa Katz and Emily Bullis; executive compensation and employee benefits lawyers Sheeva Ghassemi-Vanni, Elizabeth Gartland and Hans Andersson; and tax attorneys Ora Grinberg and Larissa Neumann.