Shearman & Sterling represented Symphony Technology Group in its definitive agreement to purchase Shopzilla Inc. from Scripps Networks Interactive Inc. in a transaction valued at $165 million.

Symphony Technology Group (STG) is a strategic private equity firm with the mission of investing in and building great software and services companies. STG’s current portfolio consists of 12 global companies.

Shopzilla Inc. manages a premier portfolio of online shopping brands in the U.S. and Europe, consisting of Bizrate, Beso, Shopzilla, TaDa, PrixMoinsCher, and SparDeinGeld. Scripps Networks Interactive is one of the leading developers of lifestyle-oriented content for television and the Internet, where on-air programming is complemented with online video, social media areas and e-commerce components on companion websites and broadband vertical channels.

The Shearman & Sterling team was led by partner Steve Camahort (San Francisco-Mergers & Acquisitions) and associates Jeffrey Wolf and Josh Reynolds (both San Francisco-Mergers & Acquisitions) and also included partners Steve Sherman (New York-Finance), Larry Crouch (Menlo Park-Tax), Doreen Lilienfeld (New York-Executive Compensation & Employee Benefits), and Tina Patel (Menlo Park-Intellectual Property Transactions) and associates Nathan Wood (San Francisco-Finance), Eileen O’Pray (Menlo Park-Tax), Dan Stellenberg (Menlo Park-Executive Compensation & Employee Benefits), Zheng Bao (Menlo Park-Intellectual Property Transactions), Jin Wang (New York-Intellectual Property Transactions) and Kelly Karapetyan (New York-Antitrust).