CNPLaw LLP advised the founders of Singapore-based Intrepid E-Commerce Services Pte. Ltd. (“Intrepid”), a leading regional eCommerce and Digital solutions provider across South-East Asia, on the acquisition of Intrepid by Ascential plc, a FTSE 250 company and global leader in information, analytics and eCommerce optimisation.

The initial cash consideration paid for Intrepid is US$57m, plus deferred consideration payable over four years, contingent on meeting certain financial targets, resulting in an estimated total consideration of between US$100m and US$197m, with the maximum total consideration payable for Intrepid, capped at US$250m.