Selz was founded in 2014 and provides technology for small businesses to operate eCommerce platforms and process online payments. Maddocks has advised Selz through the early stages of funding and partnerships through to the exit in the sale to Amazon.

The financial terms of the deal are confidential.

The Maddocks team on the matter was led by partner Catherine Merity and senior associate Suzette Caldaroni.

This transaction is reflective of the considerable activity in the e-commerce industry which has been accelerated by the COVID-19 pandemic and one of a number of matters that Maddocks has advised on in the last few months, including Australian eCommerce company MyDeal.com.au’s successful IPO and ASX listing.

Editor note:

Maddocks is a proudly independent Australian law firm that works closely with corporations, businesses and governments throughout Australia and internationally. We advise national and international clients across the education, government, healthcare, infrastructure and technology sectors, from our Canberra, Melbourne and Sydney offices. Our specialist expertise includes dispute resolution and litigation, employment and safety, financial services, franchising and insolvency.

For more information:

Jason Silverii
Communications Manager
Tel: 03 9258 3509
Mobile: 0407 618 058
jason.silverii@maddocks.com.au