ŠunjkaLaw advised Mad Head Games, seller`s side mandate, on issues concerning the acquisition of 100% of shares of the Serbian company, including but not limited to corporate, IP, IT, Data protection and employment, AML, banking, securities, tax, in negotiation and the following transaction.
Mad Head Games was founded in 2011. in an IT talented region of Vojvodina, Novi Sad, with a strong gaming and IT industry presence.
Mad Head Games doo Novi Sad is now the first Embracer studio in Serbia and a member of the family of entertainment and game development companies. The acquisition will also allow for incredible opportunities in terms of expansion onto the global market of core video games.
In the course of transaction, advising Mad Head Games, Mr. Tomislav Šunjka was the case manager and in charge of negotiation, Mr. Velibor Repaja was dealing with corporate issues, as well as Ms. Jelena Bajin, who, in addition with corporate, dealt with IT, IP and Data Protection issues, Mr. Ivan Štrbac was in charge of employment issues and Ms. Andrea Fluture, was there for technical support.
Once again congratulations to Mad Head Games team, Mr. Nenad Tomić, Mr. Uroš Banješević, Mr. Aleksa Todorović and Mr. Ivan Zorkić.
And last, but not least, Embracer Group – Welcome to Novi Sad! We wish you a lot of success.
Mad Head Games press release can be found here.
Embracer Group press release can be found here.