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Shutterfly Completes Acquisition of Spoonflower
- Client News
- August 10, 2021
Paul, Weiss advised Shutterfly, a leading digital retailer and manufacturing platform for personalized products, in its $225 million acquisition of Spoonflower, a global marketplace offering custom, print-on-demand fabric, wallpaper and home decor designed by global independent artists.
The acquisition enables Shutterfly to more broadly serve the fast-growing home decor marketplace by adding Spoonflower wallpaper, fabric, linens, bedding and other home decor soft goods to its product assortment, and by connecting Shutterfly’s 21 million active users to more than one million designs by Spoonflower’s artists and design community.
The Paul, Weiss team includes, among others, M&A counsel John Godfrey; financing partners Danielle Penhall, Mark Wlazlo, Gregory Ezring and Robert Zochowski; securities partner Brian Janson; tax partners Brian Grieve and Brad Okun; executive compensation partner Lawrence Witdorchic; intellectual property partner Charles Googe; litigation partner Lynn Bayard and counsel Steven Herzog, Darren Johnson, Peter Jaffe, Rachel Fiorill and Daniel Mason; real estate partner Peter Fisch; and environmental counsel William O'Brien.