Ellex Valiunas has advised Fan19 on its acquisition of 100% of shares of Engagecraft. Cobalt advised the unidentified seller on the deal, and financial details were not disclosed.
Engagecraft is a digital company delivering solutions that range from online games and social platforms to responsive web development and mobile apps.
Fan19 is an investor, acquirer, and venture builder of digital fan engagement products and technologies.
Ellex's team included Partner Ramunas Petravicius, Senior Associate Mantas Juska, and Associate Nerijus Patlabys.
Cobalt’s team included Managing Partner Irmantas Norkus, Partners Juozas Rimas and Rokas Daugela, and Senior Associate Deimante Pagiriene.