On 14 November 2024, Embracer Group AB (“Embracer”) entered into an agreement to divest the operative group Easybrain to Miniclip. All conditions for the transaction have now been fulfilled, payment according to agreements has been received, and the transaction is closed as of today.
For further information on the transaction, reference is made to the press release announced on the above-mentioned date, and the presentation about the transaction available on Embracer’s website.
Advisors
To Embracer, Aream & Co. acted as financial M&A adviser, Covington & Burling LLP acted as legal adviser, and EY provided services related to financials and tax.
To Miniclip, Merrill Lynch International (“BofA Securities”) acted as financial adviser, Latham & Watkins acted as legal adviser, and KPMG advised on financial and tax due diligence along with other related advisory services.
Embracer Group is a global group of creative and entrepreneurial businesses in PC/console, mobile and tabletop games and other related media. The Group has an extensive catalog of 900 owned or controlled franchises.
With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its nine operative groups: THQ Nordic, PLAION, Coffee Stain, Amplifier Game Invest, DECA Games, Asmodee Group, Dark Horse Media, Freemode and Crystal Dynamics – Eidos. The Group has 101 internal game development studios and is engaging more than 10,000 employees in more than 40 countries.