Mandate

Vinge advises Embracer in connection with its SEK 4 billion acquisition financing

May 03, 2022 Banking and Finance

Embracer Group AB has entered into an agreement to acquire the development studios Crystal Dynamics, Eidos-Montréal, Square Enix Montréal, and a catalogue of IPs including Tomb Raider, Deus Ex, Thief, Legacy of Kain and more than 50 back-catalogue games.

In total, the acquisition includes approximately 1,100 employees across three studios and eight global locations. The total purchase price amounts to USD 300 million on a cash and debt free basis, to be paid in full at closing. The transaction is subject to various regulatory and other external approvals and is expected to close during the second quarter of Embracer’s financial year 22/23.

Vinge has advised Embracer in connection with the signing of a new SEK 4 billion facilities agreement with SEB, Nordea and Swedbank for the purpose of, amongst other things, financing the acquisition and an extension of its existing SEK 6 billion bridge loan.

Vinge’s consisted of Louise Brorsson Salomon, Lionardo Ojeda and Felix Möller.

 

Related

Vinge has advised CTEK in connection with its rights issue  

Vinge has advised CTEK AB (publ) on a fully guaranteed rights issue, which will provide CTEK with issue proceeds of approximately SEK 350 million before deduction of transaction costs.
March 29, 2023

Vinge has adviced VNV Global in connection with a rights issue

Vinge has adviced VNV Global in connection with its fully secured rights issue of approximately SEK 328 million.
March 29, 2023

Vinge advises Ramirent in connection with its acquisition of JIAB

Vinge advises Ramirent AB in connection with its acquisition of JIAB Hyrcenter (consisting of the companies JIAB Hyrcenter AB and JIAB Boden AB). Ramirent thereby further strengthens its position in Norrbotten and as the largest machine rental company in Sweden.
March 21, 2023