Orrick advised Ottawa-based Shopify Inc. (NYSE: SHOP), the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses, in its proposed acquisition of 6 River Systems, a provider of collaborative warehouse fulfillment solutions.
Under the terms of the agreement, Shopify will acquire all of 6 River Systems’ outstanding securities in a transaction valued at $450 million, consisting of 60% cash and 40% in Shopify Class A Subordinate Voting Shares. Additional information is available in Shopify’s press release.
The Orrick team was led by David Schwartz
and included David Gold
, Jamie Kamen
, John Narducci
, Juliano Banuelos
and Jared Bobrow