Baker McKenzie advised the shareholders of Depositphotos
Baker McKenzie has advised the shareholders of Depositphotos, a stock photo content marketplace, on the sale of 100% of the shares in Depositphotos, including its subsidiary Crello, an online graphic design editor, to VistaPrint, a global printing, design and marketing service provider. The sale was completed for a total price of USD 85 million.
Baker McKenzie’s multijurisdictional M&A core team for this transaction included partners Viacheslav Yakymchuk (Kyiv) and Lisa Fontenot (Palo Alto), along with associate Gwen Karanadze (New York) and counsel Andrii Moskalyk (Kyiv), supported by the lawyers from the Employment, IP and Tax Practice Groups from the Kyiv, Palo Alto, San Francisco and Los Angeles offices. Kyiv partner Oksana Simonova and senior associate Olga Mikheieva secured merger control filing in Ukraine.
