Lowenstein Sandler represented Digital Fuel Capital, LLC, an investment operating company focused on building leaders in e-commerce, in 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, Mark P. Kesslen, Bryan Sterba, and Matthew A. Nemeth.
About Lowenstein Sandler LLP
Lowenstein Sandler is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
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