Orrick Advises Shopify in $450 Million Acquisition of 6 River Systems

September.09.2019

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.

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David Schwartz Partner, Capital Markets, Corporate Governance

New York

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Capital Markets
Corporate Governance
Mergers & Acquisitions

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David Schwartz Partner

New York

David is recognized as a trusted advisor who delivers valued execution and results.

BTI Consulting has ranked David as a Client Service All Star.
Chambers has ranked David for his M&A work, with clients noting he is “on top of cutting-edge trends and ideas", "proactive, engaged and personable", and possesses a “depth of legal expertise” and “creative solutions to thorny problems” that “make him our go-to."
Legal500's US M&A Powerlist has featured David, with clients noting he "is an incredible relationship partner. His dedication to understanding our business and our ways of working is complimented by his proactive approach to providing innovative solutions and ideas."