Six Firms Lead CommerceHub’s Deal to Take ChannelAdvisor Private

Willkie Farr & Gallagher and Paul Weiss are advising CommerceHub, an Insight Partners-backed maker of e-commerce software, on its agreement to buy its New York Stock Exchange-listed rival ChannelAdvisor Corporation for $23.10 per share.

Cooley is advising ChannelAdvisor on the “complementary combination,” which is expected to close this year. The deal will give brands a broader network for managing their public and private marketplaces with their retailer connections, according to a statement.

The $23.10 share price represents a premium of around 57% over ChannelAdvisor’s closing price on Sept. 2, the last full trading day prior to the announcement of the ...