TODD CLEARY

Partner
Mergers & Acquisitions

EXPERIENCE:

Todd Cleary is a partner at Wilson Sonsini Goodrich & Rosati. Todd's practice primarily focuses on buyout and investment transactions, including mergers and acquisitions; leveraged buyouts; spin-offs and carve-outs; restructurings and recapitalizations; and growth and later-stage financings. He has represented many prominent enterprises in technology and other markets and is a leading partner in the firm's private equity practice. Todd also serves as counsel to leading investment banks in connection with M&A advisory engagements. In addition, he serves as lead counsel for general corporate and securities matters for a select group of public and private companies.

Todd previously served as a vice president in technology mergers and acquisitions at Goldman Sachs from 1999 to 2001.

Todd is currently a co-chair of the firm's Career Development Committee.

SELECT TRANSACTIONS:
  • Answers in its 2014 sale to Apax Partners and its 2013 acquisitions of ForeSee Results and Webcollage
  • Blue Coat Systems in its 2015 $2.4 billion sale to Bain Capital and its 2013 acquisitions of Solera Networks and the SSL appliance product line of Netronome
  • Credit Suisse in its role as financial advisor to Intel in its 2014 $650 million purchase of assets from Avago
  • Cypress Semiconductor in its 2008 $3.6 billion spin-off of SunPower
  • Electronic Arts in its 2011 acquisition of PopCap Games for up to $1.3 billion, its 2009 acquisition of Playfish for up to $400 million, and its 2007 acquisition of VG Holdings (owner of the BioWare and Pandemic video game studios) for $775 million
  • FanDuel in its 2016 merger with DraftKings
  • General Atlantic in its 2012 $100 million investment in Box and its 2012 $60 million investment in Appirio
  • Goldman Sachs in its role as financial advisor to Lam Research in its 2011 $3.3 billion acquisition of Novellus Systems
  • Google in its 2007 $3.1 billion acquisition of DoubleClick
  • The Gores Group in the 2011 PIPE investment by its portfolio company, Siemens Enterprise Networks, in InContact and the 2013 disposition of that investment in an underwritten transaction
  • Juniper Networks in its 2010 $152 million acquisition of Trapeze Networks from Belden
  • KKR in its 2016 acquisition of Calabrio, its 2016 investment in Go-Jek, its 2015 investment in FanDuel, its 2015 investment in DoubleDutch, its 2015 investment in Transphorm, its 2014 investment in Next Issue Media, its 2014 investment in Savant Systems, its 2014 investment in Magic Leap, and its 2012 investment in Sonos
  • The McClatchy Company in its 2006 $4.5 billion acquisition of Knight-Ridder and its subsequent divestiture of 12 Knight-Ridder newspaper businesses to multiple buyers
  • Morgan Stanley in its role as financial advisor to: Actuate in its 2015 $330 million sale to Open Text, Saba Software in its 2015 $268 million sale to Vector Capital, Accelrys in its 2014 $750 million sale to Dassault Systémes, Conversant in its 2014 $2.3 billion sale to Alliance Data Systems, and Quest Software in its 2012 $2.4 billion sale to Dell
  • Oak Hill Capital Partners in its 2011 acquisition of Intermedia.net and Intermedia in its 2016 sale to Madison Dearborn Partners
  • PayLease in its 2014 sale to Francisco Partners
  • salesforce.com in its 2016 $700 million acquisition of Krux, its 2013 $2.5 billion acquisition of ExactTarget, and its 2010 $212 million acquisition of Heroku
  • Silver Lake in its 2011 investment in Groupon
  • Silver Lake Kraftwerk in its 2014 investment in FATHOM Water Management and its 2013 investment in Eka Software Solutions
  • Sprinkles Cupcakes in its 2013 sale to KarpReilly
  • Sun Microsystems in its 2009 $7.4 billion sale to Oracle, its 2007 $700 million issuance of convertible notes to KKR, and its 2005 $4.1 billion acquisition of Storage Technology
  • Sunrun in its 2014 acquisition of Mainstream Energy
  • Thoma Bravo in its 2015 acquisition of PowerPlan
  • TPG Growth in its 2016 investment in C3 IoT, its 2013 role as lead investor for a $100 million financing of Evolent Health and the 2011 acquisition by its portfolio company, Schiff Nutrition, of a probiotic business of Ganeden Biotech
EDUCATION:
  • J.D., Stanford Law School, 1995
  • B.A., Behavioral Biology, Johns Hopkins University, 1991
    Phi Beta Kappa, Graduated with General and Departmental Distinction
HONORS:
  • Recognized in the 2012-2018 editions of Northern California Super Lawyers
  • Selected for inclusion in the 2007 edition of The Legal 500 US
ADMISSIONS:
  • State Bar of California

Contact Information

One Market Plaza
Spear Tower, Suite 3300
San Francisco, CA 94105
Phone | 650-849-3421

Email | Todd ClearyTCleary@wsgr.com


Areas of Expertise

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