Lowenstein Sandler represented Digital Fuel Capital in the transaction.
Digital Fuel Capital, LLC, an investment operating company focused on building leaders in e-commerce, completed the purchase of StubHub International’s non-U.S. assets. The UK Competition and Markets Authority (CMA) has approved the transaction and Digital Fuel as the new owner of the independent company, StubHub International (SHI).
StubHub enables fans to buy and sell tickets to tens of thousands of events. This purchase will enable the growth of SHI as an agile and competitive ticket marketplace focused on helping fans access live experiences and transfer tickets securely.
Following the CMA’s inquiry into the merger of viagogo and StubHub, it was determined that all of StubHub’s entities except those in the United States and Canada were to be divested and made independent from StubHub and viagogo. The new independent group consists of businesses in the United Kingdom, Germany, France, Spain, and numerous other international markets.
Digital Fuel Capital, LLC is a Boston-based investment operating company and one of the most active acquirors of e-commerce businesses. Digital Fuel supports its businesses with internal performance marketing, e-commerce, data science, and technology resources as well as active collaboration among its portfolio companies and strategic relationships with best-in-class external partners.
The Lowenstein deal team included Meredith Beuchaw (Picture), Mark P. Kesslen, Bryan Sterba, and Matthew A. Nemeth.
Law Firms: Lowenstein Sandler;
Clients: Digital Fuel Capital;