Embracer Group’s Acquisition of a Group of Game Studios

Baker McKenzie advised Embracer Group on the transaction.

Embracer Group executed the acquisition of development studios Crystal Dynamics, Eidos-Montréal, Square Enix Montréal and a catalogue of IPs including Tomb Raider, Deus Ex, Thief, Legacy of Kain, among others titles. The total purchase price amounts to USD300 million on a cash and debt free basis, to be paid in full at closing. Subject to various regulatory and other external approvals, the deal is expected to be completed during the second quarter of Embracer’s financial year 2022/2023. 

The Baker McKenzie team was led by partners David Malliband (Picture) and Airi Hammalov, and included Gwen Karanadze, Paulina Heule Timmer, Lewis Assness; Antitrust/Regulatory: John Fedele, Joost Haans, Sylwia Lis, Bethan Lukey, Daniel Andreeff, Arvind Miriyala; Compliance: Geoff Martin, Eunkyung Kim Shin, Iris Zhang, Yuliya Kuchma; Employment/Benefits: Kimberly Franko Lower, Christopher Guldberg, Danielle Lawrence; Intellectual Property/Data Privacy: Marcela Robledo, Inez Asante, Sebastian Schwiddessen, Michael Kondrad; Tax: Matthew Hayes; UK: Alistair Craig, Jane Hobson, Kim Sartin, Olympe Bory, Hannah Swift, Paul Harrison, Thomas Roberts, Jess Bowden, Matthew Caulfield; Canada: Nancy Hamzo, Jacqueline Lacchin, Matthew De Lio; China: Cora Wu, Lei Ye, Hunt Wu; Japan: Tomohisa Muranushi, Satoshi Abe.

Involved fees earner: Satoshi Abe – Baker McKenzie; Daniel Andreeff – Baker McKenzie; Inez Asante – Baker McKenzie; Lewis Assness – Baker McKenzie; Olympe Bory – Baker McKenzie; Jess Bowden – Baker McKenzie; Matthew Caulfield – Baker McKenzie; Alistair Craig – Baker McKenzie; Matthew De Lio – Baker McKenzie; John Fedele – Baker McKenzie; Christopher Guldberg – Baker McKenzie; Joost Haans – Baker McKenzie; Airi Hammalov – Baker McKenzie; Nancy Hamzo – Baker McKenzie; Paul Harrison – Baker McKenzie; Matthew Hayes – Baker McKenzie; Jane Hobson – Baker McKenzie; Gwen Karanadze – Baker McKenzie; Eunkyung Kim Shin – Baker McKenzie; Yuliya Kuchma – Baker McKenzie; Jacqueline Lacchin – Baker McKenzie; Danielle Lawrence – Baker McKenzie; Sylwia Lis – Baker McKenzie; Kimberly Franko Lower – Baker McKenzie; Bethan Lukey – Baker McKenzie; David Malliband – Baker McKenzie; Geoff Martin – Baker McKenzie; Arvind Miriyala – Baker McKenzie; Tomohisa Muranushi – Baker McKenzie; Thomas Roberts – Baker McKenzie; Marcela Robledo – Baker McKenzie; Kim Sartin – Baker McKenzie; Sebastian Schwiddessen – Baker McKenzie; Hannah Swift – Baker McKenzie; Paulina Timmer – Baker McKenzie; Cora Wu – Baker McKenzie; Hunt Wu – Baker McKenzie; Lei Ye – Baker McKenzie; Iris Zhang – Baker McKenzie; Michael Kontos – Walker Kontos;

Law Firms: Baker McKenzie; Walker Kontos;

Clients: Embracer Group;