Davis Polk is advising Raytheon Technologies in connection with its sale of Forcepoint to Francisco Partners. Financial terms of the transaction were not disclosed.
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. Based in Austin, Texas, Forcepoint creates safe, trusted environments for thousands of enterprise and government customers and their employees in more than 150 countries. Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses.
The Davis Polk corporate team includes partners William H. Aaronson and Brian Wolfe and associate Erica Che. Partner Pritesh P. Shah and associate Yana Kipnis are providing intellectual property advice. Partner Jeffrey P. Crandall and associate Kathleen Ginder are providing executive compensation advice. The tax team includes partner William A. Curran and associate Joshua J. Micelotta. Partner Hilary Dengel is providing finance advice. All members of the Davis Polk team are based in the New York office.