Fenwick Represents Neato in Acquisition by Vorwerk

September 20, 2017

​​Fenwick & West represented Neato Robotics Inc., a leader in designing smart robots for the home, in its acquisition by Vorwerk & Co. KG, a German family-owned enterprise focusing on both the production and sales of high-quality household products. Financial terms of the transaction were not disclosed.

Combining technology and talent, the acquisition will enhance Vorwerk’s strategic position in the emerging global market for home robot vacuums. More information about Neato’s acquisition by Vorwerk can be obtained from the company announcement.

The Fenwick transaction team included corporate lawyers Kris Withrow, Steve Levine, Scott Behar, Maureen Montgomery and Travis Robertson; technology transactions lawyers Ralph Pais and Justin Baumli; executive compensation and employee benefits lawyers Shawn Lampron and Marshall Mort; and tax lawyers Adam Halpern and Seevun Kozar.