Sun, Apr
64 New Articles

SSW, Dentons, B2RLaw, and Dagital Legal Advise on BoomBit's Sale of Shares in SuperScale

SSW, Dentons, B2RLaw, and Dagital Legal Advise on BoomBit's Sale of Shares in SuperScale

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

SSW Pragmatic Solutions has advised BoomBit on its sale of a part of its shareholding in SuperScale to British venture capital fund Level-Up. Dentons advised Level-Up on the deal while B2RLaw, working with London's Fieldfisher and Bratislava's Dagital Legal law firms, advised SuperScale and its founder Ivan Trancik.

As a result of this transaction, which included an increase in SuperScale's share capital, BoomBit’s stake in SuperScale was reduced to 20.4%. 

BoomBit S.A. is an international producer and publisher of mobile games. It produces free-to-play games for iOS, Android, and Nintendo Switch.

Level-Up is a venture capital fund specializing in mobile games.

According to SSW, “Level-Up will provide SuperScale with financing in relation to its future development plans, particularly, in the United States. The transaction will also enable SuperScale to access mobile game producers and publishers around the world. SuperScale will also benefit from the synergies between it and the other companies in the Level-Up portfolio.”

"As a result of the transaction, SuperScale will issue 712 new preferred shares with a nominal value of PLN 50 each, which will be offered for subscription and subscribed for by Level-Up First S.ar.l. and other minority investors," B2RLaw reports. "The transaction also included the drafting and negotiation of a share purchase agreement, pursuant to which SuperScale sold to investors jointly 150 shares in SuperScale for the price of EUR 3,150.07 for each share."

SSW Pragmatic Solutions’ team included Partner Szymon Okon, Senior Associate Tomasz Kwasniewski, and Associates Dawid Brudzisz, Dawid Malinowski, and Damian Staszewski.

B2RLaw's team included Partners Aleksandra Polak, Szymon Syp, Przemyslaw Krzemieniecki, and Marcin Huczkowski, Senior Associates Iga Wojtczak-Opala and Piotr Leonarski, Associates Krystyna Jakubowska and Teresa Pilecka, and Junior Associate Martyna Szpakowska.

Dentons' team included Michal Kordaczuk, the head of the firm's Poland Venture Technology practice, Managing Counsel Inga Dulska, and Paralegal Dagmara Przybytniowska.

Dagital Legal's team was led by Attorney Jakub Berthoty.

Fieldfisher's team was led by Partner Brian Chadwick.

Editor's Note: This article originally inaccurately reported that B2RLaw, Fieldfisher, and Dagital had advised BoomBit on the deal. 

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

Our Latest Issue