Shearman & Sterling is advising Shopzilla, Inc., a portfolio company of Symphony Technology Group, in its acquisition of Connexity, a pioneer in the programmatic media buying and optimization space. The terms of the transaction were not disclosed.
Shopzilla Inc. is a leading source for connecting buyers and sellers online. Reaching a global audience of over 40 million shoppers each month through both its destination websites and affiliate network, Shopzilla connects shoppers with over 100 million products from tens of thousands of retailers, through a portfolio of brands including Bizrate, Beso, Retrevo, TaDa, PrixMoinsCher and SparDeinGeld.
Symphony Technology Group is a technology and services-focused private equity firm.
The Shearman & Sterling team representing Shopzilla included associate Jeremy Fancher (San Francisco-Mergers & Acquisitions). Other Shearman & Sterling lawyers involved in the transaction were partners Larry Crouch (Palo Alto-Tax) and Richard Hsu (Palo Alto-Intellectual Property Transactions), counsel Daniel Stellenberg (Palo Alto-Executive Compensation & Employee Benefits), and associates Judy Fisher (Washington, DC-Tax) and Regina Park (New York-Executive Compensation & Employee Benefits).