Fenwick & West represented Preact, Inc., a cloud-based service that helps companies acquire new subscribers and retain current customers, in its acquisition by Spotify USA Inc., a music streaming service. Financial terms of the transaction were not disclosed.
The acquisition will help Spotify design experiences that will grow their premium customer base. More information about Preact’s acquisition by Spotify can be obtained from the company press release.
The Fenwick transaction team included corporate lawyers Bill Schreiber and Shen Zhang.