Bird & Bird advises CommerceIQ on its acquisition of e.fundamentals
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Partner
UK
I am the International Head of Venture Capital at Bird & Bird, focusing on domestic and international corporate transactions for emerging and high-growth companies and the investors in and lenders to those companies.
Partner
UK
I am a partner in the Corporate team and am based in our London office. I advise clients on a range of corporate transactions with a particular focus on Venture Capital and Mergers & Acquisitions, predominantly involving technology companies.
International law firm Bird & Bird has advised US based CommerceIQ on its acquisition of UK digital shelf analytics company e.fundamentals.
CommerceIQ operates a leading and proprietary Retail Ecommerce Management Platform that uses machine learning and automation to help brands to drive e-commerce sales and profitability. The acquisition of e.fundamentals will enable CommerceIQ to scale its digital shelf analytics offering and enable brands to analyse complex data from hundreds of retailers into relevant, actionable insights to drive sales and increase their online market share.
The team was led by Struan Penwarden (partner, Corporate), Adam Meisels (senior associate, Corporate), Francesca Mansell (associate, Corporate) and Dean Rae (associate, Corporate).
Bird & Bird worked alongside US law firm Fenwick to provide Commerce IQ with seamless legal advice covering multiple jurisdictions including the UK and US.
Struan Penwarden, Corporate partner at Bird & Bird says: “It’s been a pleasure to work alongside Fenwick and CommerceIQ teams advising CommerceIQ on this important and strategic acquisition of e.fundamentals. CommerceIQ has seen incredible growth over the past couple of years and this acquisition will help to strengthen its position in the innovative ecommerce space.”