Press Release

Kirkland Represents NortonLifeLock on its ~$25 Billion Combination with Avast

Kirkland & Ellis advised NortonLifeLock (NASDAQ: NLOK), a global leader in consumer Cyber Safety, on its merger with Avast (LSE: AVST), a global leader in digital security and privacy. The merger implies an enterprise value for Avast of between approximately $9.2 billion and $8.6 billion, depending on Avast shareholders’ elections. The merger will create a new, industry-leading consumer Cyber Safety business, leveraging the established brands, technology and innovation of both groups to deliver substantial benefits to consumers, shareholders, and other stakeholders. On completion of the merger, the combined company will be dual headquartered in Prague, Czech Republic, and Tempe, Arizona, USA, and will have a significant presence in the Czech Republic. The combined company will be listed on NASDAQ.

Read the NortonLifeLock press release 

The Kirkland team was led by corporate partners Edward Lee, Carlo Zenkner and Daniel Wolf and associates Michael Chung, Tobias Schad and Julia Knafo, debt finance partners Melissa Hutson, Kirsteen Nicol, Thomas Dobleman, Ambarish Dash, Daniel Amato and Mary Liz Brady and associates Lee Discher and Phanne Yang, capital markets partners Sophia Hudson and Jennifer Lee and associates Jenna Trejo, Melanie Corbett and Whitney Rosser, technology & IP transactions partners Seth Traxler, Emma Flett and Daniel Lewis, antitrust partners Andrea Murino, Paula Riedel, Jeffrey Ayer and Matthew Sinclair-Thomson, international trade & national security partners Ivan Schlager and Nathan Mitchell, tax partners Sara Zablotney and Sherry Xie, and executive compensation partner Scott Price.