Simpson Thacher is representing Blackstone in a preferred equity investment in FireEye, Inc. (“FireEye”). Investment vehicles affiliated with Blackstone Tactical Opportunities and ClearSky, a cyber security-focused investment firm, agreed to purchase an aggregate amount of $400 million of FireEye’s Series A Convertible Preferred Stock. The transactions are subject to customary closing conditions and are expected to close by the end of 2020.
FireEye provides comprehensive intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, investigate, respond to and remediate cyber attacks, including attacks targeting on-premise, cloud, hybrid and critical infrastructure environments.
The Simpson Thacher team includes Anthony Vernace, Erica Egenes and Molly Nelson (M&A); Jonathan Ozner (Capital Markets); Jonathan Goldstein and Eli Shalam (Tax); Peter Gilman, Matthew Leighton, Javier Rivera-Alvarado and Caitlin Lackner (Funds); Jonathan Lindabury, Jennifer Levitt, Mimi Cheng, Thomas Howland and Nathan Utterback (Derivatives/Backleverage); Greg Grogan and Pasco Struhs (Executive Compensation & Employee Benefits); Peter Guryan, Kelly Karapetyan, Richard J. Jamgochian and Jamie C. Logie (Antitrust); and Lori Lesser and Ellie Gladstone (Intellectual Property).