Potter Anderson Advises CommerceHub on $1.1 Billion Deal
CommerceHub, Inc., a technology company that helps retailers and brands manage e-commerce through its leading distributed commerce network, announced today that two private equity firms will acquire the company in a $1.1 billion deal. A 2016 spin‑off from Liberty Interactive Corporation, CommerceHub will become a privately held company and remain headquartered in Albany, New York.
Potter Anderson’s team serving as Delaware counsel to CommerceHub included partners Michael Tumas and Michael Reilly and associate David DiDonato.
News of the deal was covered by the Wall Street Journal, Reuters, MarketWatch and other major media outlets.
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Potter Anderson & Corroon LLP is one of the largest and most highly regarded Delaware law firms, providing legal services to regional, national, and international clients. With more than 100 attorneys, the firm centers its practice on corporate and alternative entity law and litigation, commercial litigation, bankruptcy, intellectual property, labor and employment, and real estate.