Fenwick & West is representing Seal Software, one of the leading contract analytics and AI technology providers, in its $188 million acquisition by DocuSign (NASDAQ: DOCU), a company helping organizations connect and automate how they prepare, sign, act on and manage agreements.
The news builds on the existing relationship between the two companies. DocuSign already resells Seal's flagship analytics and machine learning application as part of the DocuSign Agreement Cloud—its suite of applications and integrations for automating and connecting the entire agreement process. Fenwick also represented Seal Software in its strategic investment from DocuSign in March 2019.
With the acquisition, DocuSign can integrate Seal's technology and value proposition more comprehensively across the Agreement Cloud—and therefore deliver greater value to companies looking to prepare, sign, act on and manage the agreements that are critical to their business. More information about the acquisition can be obtained from DocuSign’s announcement.
The Fenwick transaction team includes corporate partners Matthew Rossiter and Ethan Skerry and associates Victoria Lupu, Matthew McCabe, Óisín O’Callaghan and Andrew Webber; executive compensation and employee benefits partner Matthew Cantor and associate Corinne Nhaissi; technology transactions partner Andrew Klungness and associates Ana Razmazma, Julia Arruda and Shizuka Tiernan; and tax partner William Skinner and associate Ora Grinberg.