Haynes Boone advised Knightscope, a publicly traded developer of autonomous security technologies and AI-driven software platforms, in its acquisition of Event Risk, a nationwide provider of licensed security guarding services and executive protection.
The transaction represents a strategic expansion for Knightscope as it integrates proprietary autonomous robotics and AI-driven software with licensed physical response capabilities, advancing its vertically integrated managed security services model. Under the terms of the agreement, Knightscope acquired 100% of the equity interests of Event Risk for a combination of cash and Knightscope common stock at closing, along with additional deferred and contingent consideration tied to post-closing performance conditions.
The Haynes Boone deal team was led by capital markets and securities co-chair Rick Werner and partner Simin Sun, with key support from mergers and acquisitions associates Lisa Vasek and Brent Duddles as well as tax partner Danielle Marr and employee benefits counsel Tom Hogan.
