Workday’s $540 Million Acquisition Of Scout RFP

Cooley LLP advised Workday on the agreement. ?Fenwick & West represented Scout RFP.

Workday entered into an agreement to purchase Scout RFP, a cloud-based platform for strategic sourcing and supplier engagement, for approximately $540 million.

Founded in 2005, Workday is a leading provider of enterprise cloud applications for finance and human resources. It delivers financial management, human capital management, planning and analytics applications designed for the world’s largest companies, educational institutions and government agencies.

With Scout RFP, Workday will provide organizations a comprehensive source-to-pay solution with a best-in-class strategic sourcing offering to transform the procurement organization and deliver better business outcomes.

The Cooley was led by Jamie Leigh (Picture), Garth Osterman, Alexandra Cotter, Robert Anton, Michael Wysolmerski, TJ Graham, Mike Faber, Tanisha James, Charles Haley, Lisette Sell, Erin Locker, Cristina DeBiase, Daniel Lac, Bryan Berman, Daniel Esannason, Rubin Waranch, Ross Eberly, Austin Holt, Patrick Sharma, Michael Coburn, Alan Ai.

Fenwick has served as primary outside counsel to Scout RFP, led by corporate partner Michael Brown. The Fenwick transaction team included corporate partners Kris Withrow and Michael Brown, associates Ryan McRobert, Sean Ahn and Melody Khorsandi, and law clerks Han Ko and Sarah Hill; executive compensation and employee benefits partner Gerald Audant, of counsel Mona Clee and associate Corinne Nhaissi; intellectual property and technology transactions partner Ralph Pais and associates Ana Razmazma and Pinar Bailey; and tax partner Idan Netser and associate Marianne Tassone.

Involved fees earner: Alan Ai – Cooley LLP; Robert Anton – Cooley LLP; Bryan Berman – Cooley LLP; Michael Coburn – Cooley LLP; Alexandra Cotter – Cooley LLP; Cristina DeBiase – Cooley LLP; Ross Eberly – Cooley LLP; Daniel Esannason – Cooley LLP; Mike Faber – Cooley LLP; TJ Graham – Cooley LLP; Charles Haley – Cooley LLP; Austin Holt – Cooley LLP; Tanisha James – Cooley LLP; Daniel Lac – Cooley LLP; Jamie Leigh – Cooley LLP; Erin Locker – Cooley LLP; Garth Osterman – Cooley LLP; Lisette Sell – Cooley LLP; Patrick Sharma – Cooley LLP; Rubin Waranch – Cooley LLP; Michael Wysolmerski – Cooley LLP; Sean Ahn – Fenwick & West LLP; Gerald Audant – Fenwick & West LLP; Pinar Bailey – Fenwick & West LLP; Michael Brown – Fenwick & West LLP; Mona Clee – Fenwick & West LLP; Melody Khorsandi – Fenwick & West LLP; Ryan McRobert – Fenwick & West LLP; Idan Netser – Fenwick & West LLP; Corinne Nhaissi – Fenwick & West LLP; Ralph Pais – Fenwick & West LLP; Ana Razmazma – Fenwick & West LLP; Marianne Tassone – Fenwick & West LLP; Kris Withrow – Fenwick & West LLP;

Law Firms: Cooley LLP; Fenwick & West LLP;

Clients: Scout RFP Inc.; Workday, Inc.;

Author: Ambrogio Visconti