Fenwick is representing lululemon athletica inc. (NASDAQ: LULU) in its acquisition of MIRROR, a leading in-home fitness company that created an interactive workout platform that features live and on-demand classes. lululemon will acquire MIRROR for a purchase price of $500 million.
The acquisition will enable lululemon to expand their in-home and personalized digital offerings. More information can be obtained from the company’s announcement.
The Fenwick transaction team includes corporate partner Kris Withrow and associates Christopher Gorman and Ben Toussant; executive compensation & employee benefits partner Nancy Chen and associate Jonathan Stephenson; technology transactions partner Jonathan Millard and associate Julia Arruda; antitrust & trade regulation partner Mark Ostrau; privacy & cybersecurity partner James Koenig and of counsel Hanley Chew; and tax partner William Skinner and associate Ora Grinberg. Blake, Cassels & Graydon LLP served as lululemon’s Canadian co-counsel on the transaction.