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Pitney Bowes $395 million acquisition of Borderfree

26/5/2015
Public acquisition
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$ 395 million

Announced

26/5/2015

Overview:

  • Pitney Bowes has acquired Borderfree for $395 million.
  • The deal sees the company pay $14 a share.
  • Borderfree is an e-commerce solutions provider headquartered in New York.
  • Pitney Bowes is a Connecticut based tech company focused on customer information management, location intelligence, customer engagement, shipping and mailing and global e-commerce.

Sam Duke - Editor

Jurisdictions:

United States
Israel

Deal type:

Public acquisition

Practice area:

M&A

Governing laws:

United States
Israel

Industry sector:

Technology and telecommunications

Firms:
Goodwin Procter

Party: Borderfree (Target)

Lawyers: James Matarese, Joseph Theis Jr, Mark Macenka

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