Shutterstock’s $75 Million Acquisition of TurboSquid


Sheppard Mullin advised Shutterstock, Inc. on the deal.

Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, in its agreement to acquire TurboSquid, Inc., an industry leader in the creation, optimization, publishing and monetization of 3D models, for $75 million. The transaction is expected to close in early February and will make Shutterstock the world’s largest 3D marketplace.

The Sheppard Mullin deal team that represented Shutterstock was led by partner Valerie Demont (Picture) and associate Richard Hevier. Invaluable assistance was provided by partners Judy Fiorini, Dmitriy Chelnitsky, Dan Yannuzzi, Kari Rollins, Michael Chan, Greg Berk, and Justin Hepworth and associates Keren Baruch, Lindsay Stone, Mike Kim, Brian Egan, Elfin Noce, and law clerk Brett Ulsaner.

Involved fees earner: Keren Baruch – Sheppard Mullin; Greg Berk – Sheppard Mullin; Michael Chan – Sheppard Mullin; Dmitriy Chelnitsky – Sheppard Mullin; Lindsay Colvin Stone – Sheppard Mullin; Valérie Demont – Sheppard Mullin; Brian Egan – Sheppard Mullin; Judith Fiorini – Sheppard Mullin; Justin Hepworth – Sheppard Mullin; Richard Hevier – Sheppard Mullin; Mike Kim – Sheppard Mullin; Elfin Noce – Sheppard Mullin; Kari Rollins – Sheppard Mullin; Daniel Yannuzzi – Sheppard Mullin;

Law Firms: Sheppard Mullin;

Clients: Shutterstock, Inc.;

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Author: Ambrogio Visconti