On January 22, 2026, Capital One announced that it has entered into a definitive agreement to acquire Brex, in a combination of stock and cash transaction valued at $5.15 billion. Brex is a modern, AI-native software platform offering intelligent finance solutions that make it easy for businesses to issue corporate cards, automate expense management, and make secure, real-time payments. The transaction is expected to close in the middle of 2026, subject to customary closing conditions. Wilson Sonsini Goodrich & Rosati advised Brex on the transaction.
The Wilson Sonsini team that advised Brex on the transaction was led by Todd Cleary, Rich Mullen, and Damien Weiss. The team also included:
M&A
Brian Chan
Audrey Laryea
Jessica Li
Drew Downing
Corporate
Jessica McBride
Technology Transactions
Sean Withall
Riley Lovendale
Barclay Oudersluys
Regina McLeod
Graham Hendrick
Ariel Friedman
Erica Hur
Stephanie Stark
Data, Privacy, and Cybersecurity
Matt Staples
Michael O’Brien
Dan Shin
Employee Benefits and Compensation
Dave Thomas
Matt Norgard
Jason Chan
Laura Yun
Corporate Finance
Dana Hall
Rick Titcomb
Patrick Begian
Employment
Matt Gorman
Laura Singer
Sam Hussey
Antitrust and Competition
Jamillia Ferris
Michelle Yost Hale
Kimberley Biagioli
Lauren Gallagher
Adrian Lee
Delaware Corporate
Amy Simmerman
Ryan Greecher
Jason Schoenberg
Fintech and Financial Services
Jess Cheng
National Security and Trade
Joshua Gruenspecht
Michael Casey
Seth Cowell
Anne Seymour
Jack Davies
Real Estate and Environmental
Martin Sul
Sean Wilkinson
Alexander Fischler
Moncarol Wang
For more information, please see Capital One’s news release. Additional coverage can be found on The Wall Street Journal, Bloomberg, and CNBC.
