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Shopify Completes Acquisition of Deliverr for $2.1 Billion
- Client News
- July 8, 2022
Paul, Weiss advised Shopify Inc., a provider of essential internet infrastructure for commerce, in its $2.1 billion cash-and-stock acquisition of fulfillment technology provider Deliverr, Inc. The acquisition—the largest in Shopify’s history—is expected to provide simplicity and scale to millions of merchants and remove the complexity of fragmented supply chain management. The addition of Deliverr, which ships over a million orders per month across the U.S., more than doubles the size of Shopify’s fulfillment team with talent that is steeped in the logistics industry.
The Paul, Weiss team included corporate partners Adam Givertz, Ian Hazlett and Austin Pollet; intellectual property partners Claudine Meredith-Goujon and Jonathan Ashtor; tax partner Lindsay Parks and counsel Kevin Colan; litigation partners Jeannie Rhee, Andrew Finch and Joshua Soven, and counsel Steven Herzog; executive compensation partner Jean McLoughlin and counsel Lisa Krausz Eisenberg; antitrust counsel Yuni Sobel and Jared Nagley; international trade counsel Richard Elliott; and environmental counsel William O’Brien.