NuORDER to Be Sold to Lightspeed

Paul, Weiss is representing leading B2B e-commerce company NuORDER in its acquisition by Montreal-based cloud-based point-of-sale solutions provider Lightspeed. NuORDERS’s existing investors include Paul, Weiss client Brighton Park Capital. Lightspeed will acquire NuORDER for approximately $212.5 million in cash and Lightspeed subordinate voting shares worth approximately $212.5 million, for a total estimated consideration of $425 million.

The closing of the transaction is expected during the third quarter, pending customary closing conditions and regulatory approvals.

The Paul, Weiss team includes, among others, corporate partner Sarah Stasny and counsel David Curtiss; tax partners Lindsay Parks and Patrick Karsnitz; intellectual property partner Charles Googe; antitrust counsel Yuni Sobel; litigation counsel Steven Herzog; and international trade counsel Richard Elliott.