Fenwick Represents DocuSign in Pending $165 Million Acquisition of Lexion

Fenwick is representing DocuSign (NASDAQ: DOCU), a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device, in its agreement to acquire Lexion, a provider of AI-powered agreement management software, for $165 million in cash, subject to customary adjustments.

The integration of Lexion's advanced AI capabilities into the Docusign Intelligent Agreement Management (IAM) platform, a growing SaaS category, will enable organizations to access richer insights and analysis from their agreements, expedite contract reviews and negotiations, seamlessly locate insights within documents, and drive process automation. More information can be obtained from DocuSign’s announcement.

The Fenwick transaction team includes corporate partners Ethan Skerry and David Bell and associates Chris Gorman, Zoe Zhang, Ankeet Ball and Raffi Terteryan; technology transactions partner Jonathan Millard, associates Adine Mitrani and Brandon Cheung and law clerk Taylor Muentener; executive compensation and employee benefits partner Elizabeth Gartland and associates Liza Morgan and Jennifer Lin; tax partner Larissa Neumann and associate Kris Hatch; and privacy and cybersecurity counsel Ana Razmazma and associates Mudasar Khan and Alyona Eidinger.