Fenwick Represents Enview in Acquisition by Matterport

Fenwick represented Enview, a pioneer in scalable, artificial intelligence (AI) for 3D spatial data, in its acquisition by Matterport (Nasdaq: MTTR), a spatial data company. Matterport acquired 100 percent of the issued and outstanding equity interests in Enview for an aggregate purchase price of 1.59 million shares of Matterport’s Class A common stock, par value $0.0001 per share and $35.5 million in cash.

The acquisition of Enview’s technology and team will enable Matterport to speed the development of its next-generation spatial data analytics platform. More information can be obtained from Matterport’s announcement.

The Fenwick transaction team included corporate partners Kris Withrow and Dan Dorosin and associates Syeda Nawroj, Jordan Beals and Teresa Anselmo Thai; executive compensation & employee benefits partner Marshall Mort and associates Christophe Delrieu, Jeri Brown and Cynthia Yuan; technology transactions partner Jonathan Millard, associate Adine Mitrani and law clerk Sarah Meyers; and tax associate Michael Knobler.