Legal Blog

Offit Kurman Represents Datablink in High Tech Acquisition

Last week, WatchGuard Technologies, a leader in advanced network security solutions, announced its acquisition of Datablink, an authentication and fraud prevention firm based in Tysons Corner. Offit Kurman Business Law and Transactions attorney Brent Salmons led a team of attorneys, including Jonathan Wachs, and Ted Marasciulo, in representing Datablink during the acquisition, which was brokered by SC&H Capital Director Greg Hogan.

 

Headquartered in Seattle, Washington, WatchGuard provides integrated, multi-function threat management services and products to organizations around the world. To date, the company has deployed nearly a million instances of its security solutions. Now, through its acquisition of Datablink, WatchGuard can offer advanced security technology to small- and mid-sized businesses that were previously priced out of the market.

 

“Our vision has always been to make high-end enterprise-grade security accessible to everyone, regardless of company size or technical capabilities. Until now, the only barrier standing between the SMB market and mass adoption of authentication technology has been accessibility,” said Prakash Panjwani, CEO of WatchGuard, in the company’s announcement of the acquisition. “We’re excited to expand our portfolio and believe when we launch the new cloud-based authentication service next year, we’ll be hitting the market at the perfect time.”

 

Offit Kurman’s attorneys worked closely with the owners of Datablink to ensure they were protected in the transaction and understood the overall terms and structure of the transaction. Mr. Salmons said that because Datablink’s operations are primarily based in Brazil, while the company is headquartered in the US, the deal called for a sophisticated legal team with deep experience in both M&A and international matters.

“Even a typical M&A transaction can be quite complex, but when you layer on a large, technical international business, and a language barrier, things have the potential to spiral out of control quickly,” Mr. Salmons said. “Fortunately, our team has handled these types of complexities before and were able to quickly and efficiently close the transaction.”

ABOUT OFFIT KURMAN's M&A PRACTICE

Offit Kurman offers comprehensive legal services for individuals and organizations seeking to grow their businesses during every stage of the business life cycle. The firm has successfully advised and represented clients in formation, contract, compensation, and finance and capital matters, as well as ownership transitions through mergers, acquisitions, and other transactions and agreements. With offices throughout the Mid-Atlantic, Offit Kurman is well-positioned to meet the needs of dynamic companies in burgeoning industrial regions in Maryland, Virginia, Pennsylvania, and more.

To find out more about Offit Kurman's M&A practice representing buyers and sellers in the mid-market, and for news about recent deals, click here.

To contact Mr. Salmons, click here. For more M&A and Offit Kurman content, including videos, click here.

 

 

ABOUT OFFIT KURMAN

Offit Kurman is one of the fastest-growing, full-service law firms in the Mid-Atlantic region. With over 140 attorneys offering a comprehensive range of services in virtually every legal category, the firm is well positioned to meet the needs of dynamic businesses and the people who own and operate them. Our eleven offices serve individual and corporate clients in the Virginia, Washington, DC, Maryland, Delaware, Pennsylvania, New Jersey, and New York City regions. At Offit Kurman, we are our clients’ most trusted legal advisors, professionals who help maximize and protect business value and personal wealth. In every interaction, we consistently maintain our clients’ confidence by remaining focused on furthering their objectives and achieving their goals in an efficient manner. Trust, knowledge, confidence—in a partner, that’s perfect.

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