Pritesh P. Shah
Advises on complex tech carve-outs and spinoffs with a focus on IP and data privacy matters, as well as a variety of commercial, licensing and strategic transactions.
Pri advises on complex tech carve-outs and spinoffs as well as on IP, data privacy and technology aspects of transactions including commercial and licensing agreements, acquisitions, JVs, financings, restructurings and strategic collaboration arrangements.
He has extensive experience on tech and commercial driven carve-outs and spinoffs, including advising on bespoke commercial and service agreements, including IT stand-up and transition arrangements; software, algorithm and mobile apps; data monetization; artificial intelligence and machine learning platforms; brand and franchise licensing; programming rights; manufacturing, supply and distribution; e-commerce and IT outsourcing; and mobile virtual network operator (MVNO) and IoT connectivity. Pri also advises clients on IP and commercial issues related to GenAI, the metaverse, NFTs and blockchain-related platforms.
Pri is one of Davis Polk’s two hiring partners and serves on the boards of iCivics and Volunteer Lawyers for the Arts.
Experience highlights
Tech Carve-Outs and Spinoffs
- TPG:
- $2.45 billion acquisition of Forcepoint G2CI from Francisco Partners
- acquisition of majority stake in Thomson Reuters’ Elite business
- SSW Partners:
- $4.5 billion acquisition of Veoneer and sale of Arriver business to Qualcomm
- $1.525 billion sale of Veoneer Active Safety business to Magna
- Veoneer sale of Restraint Control Systems business to AIP
- IHS Markit:
- $1.150 billion sale of its Oil Price Information Services businesses to News Corp
- $470 million sale of Jane’s Information Group to Montagu Private Equity
- $295 million sale of its Base Chemicals business to News Corp
- cxLoyalty Group Holdings sale of Global Loyalty division to JPMorgan Chase
- Bath & Body Works spinoff of Victoria’s Secret
- Truist:
- $15.5 billion sale of remaining stake in Truist Insurance to investor group
- sale of Sterling Capital Management to Guardian Capital
- sale of BB&T Commercial Equipment Capital
- FirstGroup:
- $4.6 billion sale of First Student and First Transit to EQT
- sale of Greyhound Lines to FlixMobility
- Spectrum Brands $4.3 billion sale of its Hardware & Home Improvement segment
- Technip Energies $2.759 billion spinoff from TechnipFMC
- PwC $2.2 billion sale of Global Mobility Tax and Immigration practice to CD&R
- Digicel Group $1.85 billion sale of Pacific operations to Telstra
- Schwab $1.8 billion acquisition of USAA investment management assets
- Hexion Holdings $1.2 billion sale of its epoxy businesses to Westlake Chemical
- TIAA sale of TIAA Bank
- EF Education First’s separation of EF Kids & Teens business
Tech, Media & Telcom
- Francisco Partners and TPG $6.5 billion acquisition of New Relic
- Taboola and Yahoo 30-year commercial agreement
- Facebook and Google investment in Reliance Industries’ Jio Platforms unit
- Industrial Media acquisition by Sony Pictures Television
- NICE acquisition of LiveVox
Consumer Products & Retail
- Ferrero $2.8 billion acquisition of Nestlé’s U.S. confectionary business
- Heineken strategic partnership with China Resources to join forces in China
Fintech & Cryptocurrency
- IHS Markit $44 billion merger with S&P Global
- MoneyLion acquisition of Even Financial
- MSCI acquisitions of Foxberry, Fabric RQ and Trove Research
Sports
- Josh Harris acquisition of Washington Commanders
- Sterling Equities sale of the New York Mets
- NBC Sports acquisition of EZLinks Golf
Insights
News
Credentials
Recognition
MCCA – “Rising Star,” 2023
Chambers USA – Technology, New York
Legal 500 U.S. – Technology Transactions, Next Generation Partner
New York Law Journal – “Rising Star,” 2019
Education
- Harlan Fiske Stone Scholar
- Managing Editor, Columbia Journal of Law & the Arts
- magna cum laude
Professional history
- Davis Polk since 2008
Qualifications and admissions
- State of New York