Raaj S. Narayan
Raaj S. Narayan is a Partner at Wachtell Lipton in the Corporate Department. He focuses on mergers and acquisitions, capital markets transactions, takeover and shareholder activism defense, and corporate governance matters. He represents public and private companies and private equity funds on a wide range of domestic and cross-border mergers, acquisitions, divestitures, spin-offs, investments, joint ventures, initial public offerings and other securities offerings. Based in Silicon Valley, he represents companies and investors across industries, with a substantial portion of his practice involving technology, fintech and financial services companies. Mr. Narayan has been named a Rising Star by Law360, Expert Guides and Euromoney.
Selected M&A transactions include Social Finance (SoFi) in its merger with Social Capital Hedosophia V; Ginkgo Bioworks in its merger with Soaring Eagle Acquisition Corp.; eBay in its sale of eBay Classifieds to Adevinta and its sale of StubHub to Viagogo; HP Inc. in its successful defense against a hostile takeover bid by Xerox; salesforce.com in its acquisitions of Tableau Software and MuleSoft; Hewlett Packard Enterprise in its acquisition of Cray and its Reverse Morris Trust transaction combining its Software Business with Micro Focus International; Nielsen in its sale of its Global Connect business to Advent International; Mondelēz in its acquisitions of Hu Products and Give & Go; Envision Healthcare in its sale to KKR; Financial Engines in its sale to Hellman & Friedman; AOL in its sale to Verizon and acquisition of Millennial Media; The Carlyle Group in its acquisitions of Duff & Phelps and CFGI; GTECH in its acquisition of International Game Technology; International Game Technology in its sale of DoubleDown to DoubleU Games; Wells Fargo in the sale of its Health Savings Account Business to UnitedHealth and its Shareowner Services Business to Equiniti; Capital One in numerous acquisitions, including of ING Direct USA, GE Capital’s Healthcare Finance Business, HSBC’s Domestic Credit Card Business, Cabela’s credit card program and Walmart’s credit card program; Final in the sale of its assets to Goldman Sachs; Teneo in its investments by CVC Capital Partners and BC Partners, as well as numerous acquisitions; Cantor Fitzgerald in its sale of Berkeley Point to BGC Partners; the Cleveland Browns in its sale to Jimmy Haslam; the Aston Villa Football Club in its sale to Recon Group; Atlas Energy in its sale to Chevron; Ventas in its acquisition of Atria Senior Living; Knight Capital in its merger with GETCO; Itaú Unibanco in the merger of its Chilean and Colombian operations with CorpBanca; Rockefeller Capital Management in its acquisition of Financial Clarity; and City National Bank, The Huntington National Bank, Suffolk Bancorp, Mechanics Bank, Encore Bancshares, National Bank Holdings and Hilltop Holdings in various bank M&A transactions.
Selected spin-off transactions include Hewlett-Packard Company in its spinoff of Hewlett Packard Enterprise; Nielsen in its announced spin-off of its Global Connect business; Agilent Technologies in its spinoff of Keysight Technologies; BGC Partners in its spinoff of Newmark; and Atlas Energy in its spinoff of Atlas Resources Partners.
Selected SPAC transactions include Social Finance (SoFi) in its going-public transaction through a merger with Social Capital Hedosophia Holdings Corp. V; Ginkgo Bioworks in its going-public transaction through a merger with Soaring Eagle Acquisition Corp.; Social Capital Suvretta Holdings Corp. I in its initial public offering; Social Capital Suvretta Holdings Corp. II in its initial public offering; Social Capital Suvretta Holdings Corp. III in its initial public offering; and Social Capital Suvretta Holdings Corp. IV in its initial public offering.
Selected capital raising and investment transactions include Social Finance (SoFi) in financings led by each of T. Rowe Price, Qatar Investment Authority and Silver Lake Partners; Square, Santander Consumer USA, Newmark and National MI in their initial public offerings; salesforce.com in its initial public notes offering; Keysight Technologies in its initial notes offering; National MI in numerous follow-on offerings; Nielsen in numerous financings; Knight Capital in its preferred stock financing; Suffolk Bancorp in its PIPE financing; Warburg Pincus in its investment in Varo Money; CardWorks in its investments by PIMCO, Parthenon Capital Partners and Reverence Capital Partners; and Mondelēz in its venture investments.
Mr. Narayan received a B.A. cum laude from Yale University and a J.D. from Stanford Law School, where he was a member of the Stanford Law Review and the Stanford Law & Policy Review.
He is a member of the New York State Bar Association and the State Bar of California.
- Spin-Off Guide - 2021,
in Harvard Law School Forum on Corporate Governance, June 15, 2021.
- SEC Expands Population Eligible to Participate in Certain Private Offerings,
in Harvard Law School Forum on Corporate Governance, September 5, 2020.
- The Resurgence of SPACs: Observations and Considerations,
in Harvard Law School Forum on Corporate Governance, August 22, 2020.
- Cross Border M&A - 2019 Checklist for Successful Acquisitions in the United States,
in Harvard Law School Forum on Corporate Governance and Financial Regulation, January 30, 2019.
- Cross-Border M&A -- 2018 Checklist for Successful Acquisitions in the United States,
in Columbia Law School’s Blog on Corporations and the Capital Markets, January 10, 2018.