Turn/River Capital’s $625 Million Investment in Invicti Security

Orrick advised Turn/River Capital on the deal.

Turn/River Capital announced a $625 million investment in Invicti Security led by Summit Partners. The new financing will support Invicti’s continued growth and product development initiatives. Summit will join forces with Turn/River, which first invested in Invicti in 2017 and will remain a significant shareholder going forward. The transaction is expected to close during the fourth quarter, subject to standard closing conditions.

The Orrick team advising Turn/River was led by Daniel Lopez (Picture) and Matthew Gemello and included Max Hyatt, Derek Jones, Rachel Rice, Kyle Zhu, Eric Wall, Steven Malvey, Peter Elias, Sarah Schaedler, Daniel Healow, Matthew Coleman, Jason Flaherty, Michael Wiesner, Keith Tidwell, Amy Ray, Jennifer Clarke-Smith, Jeanine McGuinness, Harry Clark, Zachary Finley, Criselda Sandoval, Spencer Cohen and David Gold.

Involved fees earner: Harry Clark – Orrick Herrington & Sutcliffe LLP; Jennifer Clarke-Smith – Orrick Herrington & Sutcliffe LLP; Spencer Cohen – Orrick Herrington & Sutcliffe LLP; Matthew Coleman – Orrick Herrington & Sutcliffe LLP; Peter Elias – Orrick Herrington & Sutcliffe LLP; Zachary Finley – Orrick Herrington & Sutcliffe LLP; Jason Flaherty – Orrick Herrington & Sutcliffe LLP; Matthew Gemello – Orrick Herrington & Sutcliffe LLP; David Gold – Orrick Herrington & Sutcliffe LLP; Criselda Haro Sandoval – Orrick Herrington & Sutcliffe LLP; Daniel Healow – Orrick Herrington & Sutcliffe LLP; Max Hyatt – Orrick Herrington & Sutcliffe LLP; Derek Jones – Orrick Herrington & Sutcliffe LLP; Daniel Lopez – Orrick Herrington & Sutcliffe LLP; Steven Malvey – Orrick Herrington & Sutcliffe LLP; Jeanine McGuinness – Orrick Herrington & Sutcliffe LLP; Amy Ray – Orrick Herrington & Sutcliffe LLP; Sarah Schaedler – Orrick Herrington & Sutcliffe LLP; Keith Tidwell – Orrick Herrington & Sutcliffe LLP; Eric Wall – Orrick Herrington & Sutcliffe LLP; Michael Wiesner – Orrick Herrington & Sutcliffe LLP; Kyle Zhu – Orrick Herrington & Sutcliffe LLP;

Law Firms: Orrick Herrington & Sutcliffe LLP;

Clients: Turn/River Capital ;

Author: Martina Bellini