Trilegal, SAM, AZB, DLA on Sweden’s Stillfront buy of Bangalore gaming studio Moonfrog for $90m

Sweden-based free-to-play gaming studios Stillfront Group, on Tuesday (February 2), announced that it will acquire Bengaluru-based Moonfrog Labs Private Limited, the company behind popular games like Teen Patti Gold, Ludo Club, Rummy Gold and others.

— Inc42

Trilegal advised Swedish gaming studio Stillfront led by a TMT team of partnerNikhil Narendran, senior associateJishnu Sanyal, associateAparajita Lath, associateKrati Hashwani, associateCheta Sheth, with corporate team partnerClarence Anthony, associateNidhi Singla, associateAditya Ravishankar, employment and labour team partnerSwarnima, associateSachin Arora, associatePragya Goyal.

Shardul Amarchand Mangaldas and AZB & Partners were both also domestic legal advisors.

DLA Piper also advised.

Dhruva Advisors and PwC were tax advisors to the sellers in connection with the transaction.

Carnegie Investment Bank and Oakvale Capital were financial advisors.

EY was financial and tax due diligence advisor to Stillfront in connection with the transaction.

2021-02-01

Deal value: $90m

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