We advised the underwriters on the IPO and NYSE listing

Davis Polk advised the underwriters in connection with the initial public offering of an aggregate of 21,850,000 Class A common shares of VTEX at $19.00 per share, issued by the company and sold by certain selling shareholders, for total gross proceeds of $415 million. The VTEX Class A common shares are listed on the NYSE under the symbol “VTEX.”

VTEX provides a software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce strategy, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third-party vendors. Founded in Brazil, VTEX has been a leader in accelerating the digital commerce transformation in Latin America and is expanding globally. VTEX is trusted by more than 2,000 customers with over 2,500 active online stores across 32 countries.

The Davis Polk corporate team included partner Byron B. Rooney and counsel Konstantinos Papadopoulos. Associate Shay Moyal provided tax advice. Associate Yana Kipnis provided intellectual property advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the New York and São Paulo offices.

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