Holland & Knight Advises NetRise in Its Acquisition by Accenture
AUSTIN, Texas (June 22, 2026) – Holland & Knight represented Austin, Texas-based NetRise, a leader in device security and software supply chain security, in its acquisition by Accenture plc (NYSE: ACN). The acquisition is integral to an approximately $4.175 billion transaction, which also includes Accenture's acquisition of runZero and a majority stake in Dragos. The deal was announced on June 18 and is expected to close later this year, subject to customary closing conditions.
Accenture is a leading global professional services company that helps enterprises reinvent their businesses by building their digital core and utilizing artificial intelligence (AI) to create value at speed for organizations across industries. Building on Accenture's track record of growth and value creation in cybersecurity, the transaction strengthens its critical infrastructure defense with end-to-end cybersecurity platforms.
Dragos is a leading platform for operational technology cybersecurity, and runZero is a leading asset intelligence and exposure company. NetRise will add a unique software supply chain data set and firmware-level visibility into device exposure. Combining Dragos with runZero and NetRise will deliver a unified solution that enhances visibility, accelerates threat detection and response, and strengthens Dragos' ability to scale adoption of its broadened platform.
"We are incredibly proud of what the NetRise team has built and are excited for this next chapter of our story," said Thomas Pace, co-founder and CEO of NetRise. "Holland & Knight provided exceptional counsel throughout the transaction, bringing sophisticated deal proficiency, sound judgment and a relentless focus on our objectives. Their strategic guidance was instrumental in helping us successfully achieve this outcome."
Holland & Knight Partner Carmelo Gordian (M&A) led the Firm's representation of NetRise. He was assisted by Partner Ronnie Skloss and Associates Francisco Bianchetti, Eric Alborn and Sebastian Oranday (M&A); Partner Brandon Bloom and Associate Courtney Wagner (Tax); Partner Elizabeth Schartz and Senior Counsel Barbara-Ellen Gaffney (Labor & Employment); Partner Terry Elling and Associate Marissa Serafino (Government Contracts); Associate Angad Chopra (Data Strategy, Security & Privacy); and Associate Caroline Howard (International Trade/Regulatory).
More information on the deal can be found here.
Recently recognized as the Private Equity Law Firm of the Year by the Global M&A Network and M&A Law Firm of the Year by M&A Advisor, Holland & Knight regularly ranks among the leading M&A and private equity law firms in reputable, benchmarking league tables published by Bloomberg, LSEG, Mergermarket, PitchBook and The Deal. Through the HK Deal Flow℠ program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.