Media and Games Invest’s Acquisition of AxesInMotion

Baker McKenzie acted as legal advisor to Media and Games Invest on the deal.

Media and Games Invest SE executed the acquisition of the mobile games developer AxesInMotion for a fixed purchase price of €55 million plus certain earn-out payments depending on performance.

AxesInMotion, established in 2014 and based in Seville (Spain), is a leading free-to-play mobile games developer with a strong portfolio of visually stunning racing games that have generated over 700 million downloads worldwide.

Media and Games Invest SE is an advertising software platform with strong first party games content. The company’s main operational presence is in Europe and North America, and its shares are listed on Nasdaq First North Premier Growth Market in Stockholm and in the Scale segment of the Frankfurt Stock Exchange.

The Baker McKenzie team consisted of Jorge Adell (Picture), Laura García-Fuster and Mireia Sabaté in Spain, supported by Joakim Falkner in Sweden. 

Involved fees earner: Jorge Adell – Baker McKenzie; Joakim Falkner – Baker McKenzie; Laura García-Fuster – Baker McKenzie; Mireia Sabaté – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: Media and Games Invest plc ;