Sarah Solum

Partner, Davis Polk & Wardwell LLP

Sarah is a corporate partner in Davis Polk’s Menlo Park office. She advises on public and private corporate finance transactions, including initial public offerings and convertible and other debt offerings, mergers and acquisitions, private equity investments, SEC disclosure and corporate governance.

Work Highlights

Initial Public Offerings and Other Capital Markets Transactions
Ms. Solum has represented issuers and underwriters in IPOs and a variety of other equity and debt capital markets transactions, including:

  • IPOs: AMIS Holdings, Apropos, CAI International, Chipotle Mexican Grill, Fortinet, GoDaddy (pending), Handspring, Homegrocer, iBeam, Kaiser Aluminum, Razorfish, Responsys, ServiceSource International, Silver Spring Networks, Splunk and Zoosk (pending)
  • Follow-on and other stock offerings: Catapult Communications, Corcept Therapeutics, E*TRADE, Endocyte, Mannkind, Onyx Pharmaceuticals, Palm, Splunk, SVB Financial and Wet Seal
  • Convertible notes offerings: ADC Telecommunications, Affymetrix, Cadence, Cypress Semiconductor, E-house, Equinix and Horizon Pharmaceuticals
  • Investment-grade and high-yield note offerings: AMIS Holdings, El Paso Electric, E*TRADE, Kansas City Power & Light, Oracle, Seagate and SVB Financial

Mergers and Acquisitions and Other Transactions

Ms. Solum’s experience in mergers and acquisitions and other significant transactions include the following representations:

  • Getty Investments on the take-private transaction of Getty Images by Hellman & Friedman and the subsequent acquisition by the Carlyle Group
  • Sterling Financial on its recapitalization by Warburg Pincus and Thomas H. Lee Partners
  • Palm on the private placement of units of preferred stock and warrants to Elevation Partners
  • E*TRADE on its recapitalization by Citadel Investment Funds and subsequent equity sale/debt exchange
  • Affymetrix on its acquisitions of eBioscience, USB Corporation, True Materials and Panomics
  • Blue Coat Systems on its acquisition of Packeteer and its private placement of convertible notes and warrants
  • Oracle on its acquisitions of Siebel Systems and PeopleSoft
  • NetIQ on its sale to AttachmateWRQ
  • XcelleNet on its sale to Sybase

General Corporate

Ms. Solum has regularly provided general corporate advice on corporate governance, SEC compliance and disclosure and other matters to a variety of companies, including Affymetrix, Blue Coat, E*TRADE, Leidos and Oracle.

Recognition

  • An "Up and Coming" lawyer in California, Capital Markets: Debt & Equity in Chambers USA 2014
  • One of the top rising stars in Northern California in the Super Lawyers 2011, 2012 and 2013 surveys, as well as one of the top rising stars among Top Women Lawyers in Northern California in 2013

Bar Admissions

  • State of California
  • State of New York