Tech Company M&A Transactions
6 River Systems Acquisition
6 River Systems was acquired by Shopify. The transaction was announced on 9/10/2019. The transaction price was $450 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/10/2019
Transaction Type
M&A
Amount
$450,000,000
M&A Terms
Shopify will acquire all of 6 River Systems' outstanding securities in a transaction valued at approximately USD$450 million, consisting of approximately 60% in cash and 40% in Shopify Class A Subordinate Voting Shares. Included in this amount are Shopify Class A shares and options valued at approximately $69 million that will be issued to 6 River Systems' founders and employees that will vest subject to certain conditions and will be treated as stock-based compensation.
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
117 Beaver St. 4
Waltham, MA 02452
USA
Waltham, MA 02452
USA
Phone
Website
Email Address
Overview
We love warehouses. We live, work, and dream this stuff. It's our passion. We know your job is hard, and we're developing solutions to make it easier and faster.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Christopher Cacioppo
Co-Founder
Jerome Dubois
Co-Founder
Rylan Hamilton
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