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Ocorian Law advises PicMonkey on its US$110 million acquisition by Shutterstock

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Ocorian Law advises PicMonkey on its US$110 million acquisition by Shutterstock

Shutterstock, Inc. (NYSE: SSTK) has acquired PicMonkey, a leading online graphic design and image editing platform, for US$110 million. The transaction closed on 7 September 2021. 

Ocorian Law acted as Cayman Islands legal counsel to PicMonkey alongside lead counsel, Latham & Watkins, and Irish legal counsel, A&L Goodbody. Sheppard Mullin acted as lead counsel to Shutterstock.

The Ocorian Law team comprised Nathaniel Luker (Partner), Tian Peralto Levers (Associate) and Brian Ryan (Paralegal). 

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