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DTB and Deloitte Legal Advise on Devolver Digital's Acquisition of Croatian Video Game Developer

DTB and Deloitte Legal Advise on Devolver Digital's Acquisition of Croatian Video Game Developer

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DTB has advised US-based Devolver Digital on its acquisition of 100% of the shares of Croatian independent game development company Croteam. Krehic & Partners in cooperation with Deloitte Legal advised Croteam on the deal.

Financial details of the transaction were not disclosed.

Croteam started in 1992 and focuses on the development of video games. The company currently employs 40 people and is known for its successful games Serious Sam and the Talos Principle. Its acquisition by Devolver Digital, which was completed on October 19, 2020, is Devolver Digital’s first acquisition in Europe.”

In another recent deal involving Croatia’s gaming industry, DTB recently assisted Playrix on its acquisition of Cateia Games (as reported by CEE Legal Matters on July 9, 2020).

DTB’s team consisted of Senior Partner Damir Topic, Attorneys Dina Salapic, Olena Manuilenko, and Andrej Zmikic, and Associate Iva Vukoja.

The Krehic & Partners team was led by Partner Matea Gospic Plazina.

Croatian Knowledge Partner

Čipčić-Bragadin Mesić & Associates is one of the leading law firms in Croatia that serve companies, credit & financial institutions and public entities. We have been recommended and recognized as the legal experts and service leaders by many leading international legal guides for more than 15 consecutive years. With roots dating from 1928. we now probably have more tradition, experience and market presence than almost any other law firm in Croatia. We work closely with the leading international law firms and consultants so we’re able to manage complex, cross-border projects and deals seamlessly and successfully. Around 85% of our clients are international enterprises doing business in Croatia. List of our clients include some of the world-renowned companies such as Amazon Europe Core, China Machinery Engineering Corporation, Tate & Lyle, Nafta a.s., Unilever Croatia, Unilever Hungary, Lenovo, Innoenergy CE, Flixmobility, Flixbus CEE South, Okoenergie Group, CTC Holding, Bunge Limited, Chipita, Rolls-Royce, Canvas Holidays, Vacalianselect, Redgate Software, Red gate Investment, Yahoo!, Aston Martin Lagonda, Domino Printing UK, Domino Printing Sciences, Goldman Sachs, Deutsche Bank, Barclays Bank, HSBC, State Street Bank, Citigroup Global Markets, Credit Suisse, Bank of America Merill Lynch, Standard Chartered, Och-Ziff Capital Management, Amundi Asset Management, Altima International, Red Arc Global Investments, SMBC Nikko Capital Partners, Royal Bank of Scotland, Morgan Stanley International, J.P. Morgan group, Allianz Global Investors, Schroders, Macquarie Bank, Digital Finance International, Winton Capital Management, Citibank, Invesco Asset Management Österreich, Croatian Pension Investment Company, Unicredit Bank AG etc. We enjoy learning about our clients’ businesses and want to understand them completely so we can provide the best possible and complete service.

All News about, and Legal Analysis by, Čipčić-Bragadin Mesić & Associates can be found here.

Firm's website: cipcic-bragadin.com

 

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