Davis Polk advised CrowdStrike Holdings in the transaction.
CrowdStrike Holdings, Inc. executed its acquisition of Preempt Security, Inc., a leading provider of Zero Trust and conditional access technology for real-time access control and threat prevention. The transaction is valued at $96 million, and is subject to customary closing conditions.
CrowdStrike provides cloud-delivered endpoint and workload protection. Leveraging artificial intelligence, the CrowdStrike Falcon platform protects customers against cyberattacks on endpoints and workloads on or off the network by offering visibility and protection across the enterprise. The addition of Preempt’s technology to the CrowdStrike Falcon platform will help customers achieve end-to-end visibility and enforcement on identity data.
The Davis Polk corporate team advising CrowdStrike included partners Alan F. Denenberg (Picture) and Emily Roberts and associates Daniel Reichert and Ganiatu Afolabi. Partner Veronica M. Wissel and associate Travis Triano provided executive compensation advice. Partner William A. Curran and associate Aliza Slansky are providing tax advice. The intellectual property and technology transactions team included counsel Matthew J. Bacal and associate Yifu Chen.
Involved fees earner: Ganiatu Afolabi – Davis Polk & Wardwell; Matthew Bacal – Davis Polk & Wardwell; Yifu Chen – Davis Polk & Wardwell; William Curran – Davis Polk & Wardwell; Alan Denenberg – Davis Polk & Wardwell; Daniel Reichert – Davis Polk & Wardwell; Emily Roberts – Davis Polk & Wardwell; Aliza Slansky – Davis Polk & Wardwell; Travis Triano – Davis Polk & Wardwell; Veronica Wissel – Davis Polk & Wardwell;
Law Firms: Davis Polk & Wardwell;
Clients: CrowdStrike Inc.;