Pritesh P. Shah
Advises on complex 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 carve-outs and spinoffs as well as on IP, data privacy and technology aspects of transactions including commercial and licensing agreements, acquisitions, JVs, financings, IPOs, restructurings and strategic collaborations.
He has extensive experience on tech and commercial driven carve-outs and spinoffs, including advising on bespoke commercial and service agreements, such as IT stand-up and transition arrangements; software, algorithm and mobile apps; data monetization; 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, data privacy and commercial issues related to artificial intelligence and machine learning (including 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
Carve-Outs and Spinoffs
- Airbus acquisition of certain assets and sites from Spirit AeroSystems
- TPG:
- $1.1 billion acquisition of Sabre’s Hospitality Solutions business
- $2.5 billion acquisition of Forcepoint G2CI business
- acquisition of Thomson Reuters’ Elite business and subsequent sale to Francisco Partners
- SMBC Aviation Capital $7.4 billion acquisition of Air Lease
- SSW Partners $4.5 billion acquisition of Veoneer and sales of Veoneer’s Arriver business, Active Safety business and Restraint Control Systems business
- IHS Markit sales of its Oil Price Information Services, Jane’s Information Group and Base Chemicals businessess
- Bath & Body Works spinoff of Victoria’s Secret
- Truist sales of Truist Insurance, Sterling Capital and BB&T Commercial Equipment businesses
- Dollar Tree $1 billion divestiture of Family Dollar business
- NYDIG acquisition of Crusoe Energy’s bitcoin mining operations
- Digicel Group $1.9 billion sale of Pacific operations to Telstra
Tech, Media & Telecom
- Comcast MVNO and other strategic wireless arrangements
- Reliance commercial arrangements with Facebook and Google as part of their investment in Jio Platforms
- Taboola and Yahoo 30-year commercial agreement
Artificial Intelligence
- CoreWeave acquisitions of Core Scientific and Weights and Biases
- Acquisition of AI consultancy and development firm
- Private equity firm funding of top AI research and development company
Consumer Products & Retail
- Sycamore Partners up to $23.7 billion acquisition of Walgreens Boots Alliance
- Ferrero $2.8 billion acquisition of Nestlé’s U.S. confectionary business
- Heineken strategic partnership with China Resources to join forces in China
- Durational Capital Management strategic investment in Garage Beer and related commercial arrangements
Fintech & Cryptocurrency
- BlackRock on its agreements with Citi Wealth
- S&P Global and CME Group $3.1 billion sale of OSTTRA to KKR
- TPG and Corpay $2.2 billion acquisition of AvidXchange Holdings
- IHS Markit $44 billion merger with S&P Global
- MSCI acquisitions of Foxberry, Fabric RQ and Trove Research
Sports
- Josh Harris acquisition of Washington Commanders
- Sterling Equities sale of the New York Mets
IPOs
- Affirm, Arm, Bullish, Chime, Circle, Credo, Iris Energy, Klarna, Playtika, Robinhood, Thoughtworks, UiPath and VIZIO
Recognition
Chambers USA – Technology, New York
Legal 500 U.S. – Technology Transactions
MCCA – “Rising Star,” 2023
New York Law Journal – “Rising Star,” 2019
Education
- Harlan Fiske Stone Scholar
- Managing Editor, Columbia Journal of Law & the Arts
- magna cum laude
Qualifications and admissions
- State of New York