Global law firm White & Case LLP has advised Riverbed Technology, a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global corporations, on its sale to Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses. Under the terms of the transaction, Riverbed’s existing lenders will continue to support the company by providing it with an improved credit facility at closing.
Riverbed offers two industry-leading portfolios, including Alluvio by Riverbed, a differentiated Unified Observability portfolio that unifies data, insights and actions across IT, so customers can deliver seamless, secure digital experiences; and Riverbed Acceleration, providing fast, agile, secure acceleration of any app, over any network, to users anywhere. Together with their thousands of partners, and market-leading customers globally, including 95 percent of the Fortune 100, Riverbed’s services enhance corporations’ digital experience and drive enterprise performance.
The White & Case team was led by M&A partner James Hu (New York), Debt Finance partner Brenda Dieck (Los Angeles) and Financial Restructuring partners Thomas Lauria (Miami), Andrew Zatz (New York) and Rob Bennett (New York), with M&A associates Dilara Erik, Leslie Teng, M.K. Kang, Eric Thornton, Jennifer Chu, Shirley Zhang, Allieana Bao (all in New York) and Zachary Smith (Chicago), Financial Restructuring associate Andrea Amulic (New York); and Debt Finance partner Kerrick Seay and associate Isaiah Evans (both in New York).
The team also includes Tax partner David Dreier and associate Adriana Zhan (both in New York); Employment, Compensation & Benefits partner Henrik Patel (New York), counsel Aaron Feuer (New York) and associate Tyrone Crawford (Washington, DC); Technology Transactions partner Linda Sim (Los Angeles), and associates Mark Kim and Jordan Hill (both in New York); Data, Privacy & Cybersecurity partner F. Paul Pittman (Washington, DC); International Trade partner Cristina Brayton-Lewis, and associates Jason Burgoyne and Michael Goldstein (all in Washington, DC) and Chris Thomas (London); Antitrust partners Rebecca Farrington (Washington, DC) and Marc Israel (London), and associates Gabriela Baca, Allain Andry (both in Washington, DC), Joao Lacerda and Kate Kelliher (both in London); Foreign Direct Investment partners Farhad Jalinous, Keith Schomig (both in Washington, DC) and Orion Berg (Paris), and associate Tim Sensenig (Washington, DC); and Real Estate partner Steven Lutt (New York) and counsel Amy Kurland (Chicago). Law clerks Alex Stevens, Jack Hobbie and Bilal Askari also assisted on the matter.
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