Fenwick & West represented SuccessFactors, Inc. (NYSE: SFSF), the world’s leading provider of cloud-based business execution software, in its listing in the Prime Standard segment of the regulated Frankfurt Stock Exchange (FWB).
This listing makes SuccessFactors the first business to be traded on NYSE, Euronext Paris, and the Frankfurt Stock Exchange. SuccessFactors is also the second U.S. business to ever be listed in Prime Standard, according to Deutsche Börse.
Fenwick also represented SuccessFactors in its initial public offering on NASDAQ in December 2007 as well as in the transfer of the listing of its common stock from NASDAQ to the New York Stock Exchange and NYSE Euronext in Paris on July 19, 2011. In addition, the firm represented SuccessFactors in the acquisition of several companies, including Plateau Systems for $290 million and CubeTree for $50 million.
The Fenwick transaction team for the exchange listing was led by securities group co-chair Jeffrey Vetter, and included associate Philip Reuther.
Additional information is available through the announcement on SuccessFactors' website.