Fenwick & West LLP represented the underwriters in the initial public offering for SolarWinds, Inc. (NYSE: SWI), a provider of network management software based in Austin, TX. The offering, which is believed to be the first venture-backed company IPO since August 2008 and the third largest technology IPO in the last two years, raised approximately $174 million for SolarWinds and selling stockholders, which together sold 12,116,279 shares of its common stock.
J.P. Morgan Securities Inc., Goldman, Sachs & Co., and Morgan Stanley & Co. Incorporated acted as joint book-running managers for the offering. Jefferies & Company, Inc., Thomas Weisel Partners LLC and Ladenburg Thalmann & Co. Inc. were the co-managers.
The Fenwick & West transaction team included corporate attorneys Laird Simons, Rob Freedman, Shulamite Shen White and Gail Suniga; technology transactions attorney Chris Joslyn; patent attorney Jae Won Song; trademark attorney Hoang-chi Truong; IP litigation attorney Ilana Rubel; and tax attorney Tim Fitzgibbon.
Fenwick & West provides comprehensive legal services to technology and life sciences clients of national and international prominence. The firm has been ranked by American Lawyer Media and Global Securities as one of the top 10 IPO issuer's counsel in the United States and was recently ranked by Corporate Board Member as one of the top 5 corporate law firms in the San Francisco Bay Area for publicly traded companies.