Fenwick Represents Dragos in Sale of Majority Stake to Accenture at a $3.25 Billion Valuation

Fenwick is representing Dragos, an OT cybersecurity technology company whose platform defends critical infrastructure and industrial operations against cyber threats with real-world consequences, in the sale of a majority stake to Accenture (NYSE: ACN) valuing the company at $3.25 billion.

The Dragos Platform will expand to cover the extended environment that controls physical processes, while Accenture’s deep OT security expertise, unique industrial datasets and decades of trusted relationships with critical infrastructure operators will address a need previously unaddressed at scale. For more information, see Dragos' announcement.

Dragos has been a Fenwick client since 2019, with the relationship led by corporate partners Michael Brown and Allison Cooper.

The Fenwick transaction team includes corporate partners Michael Brown, Ethan Skerry and Allison Cooper, associates Zachary Portnoy, Jiarui Liu, Bradley Shepard and Abhi Bukkapatnam and law clerk Andrew Silverstein; technology transactions partner Joseph Schenck and associates Peter Hart, Shannon Coffey and Lily Rose Henein; executive compensation and employee benefits partner Nancy Chen and associates Christophe Delrieu and Rachel Coffey; privacy and cybersecurity partner Ana Razmazma, counsel Melanie Jolson and associate Natalie Kim; antitrust and competition partner Tom Ensign and counsel Meredith Mommers; trade and national security partner Melissa Duffy and associates Brooklynn Moore and Trevor Coval; tax partner William Skinner and associate Kris Hatch; and government contracts and public procurement counsel Jerzy Piatkowski.