Fenwick & West represented Symantec in its sale of AdvisorSquare, the provider of websites designed for financial services professionals, to Smarsh, the managed service leader in secure, innovative and reliable email archiving and compliance solutions. With the acquisition, Smarsh now powers almost 7,000 financial websites and their associated email domains. Financial terms of the transaction were not disclosed.
The Fenwick transaction team included corporate attorney Andrew Luh, technology transactions attorneys Stephen Gillespie and Chris Joslyn, executive compensation and employee benefits attorney Blake Martell and tax attorney Ron Schrotenboer.
More information is available from the announcement on Smarsh’s website.