Nazara Technologies Limited, through its wholly owned subsidiary Nazara Technologies UK Limited, has acquired a 50% controlling stake in Bluetile Games S.L. and BestPlay Systems S.L., for an initial consideration of approximately $100.3 million (~₹918 crore).
Shardul Amarchand Mangaldas & Co acted as legal counsel to the sellers on this transaction.
The transaction team was led by Natashaa Shroff (Partner), Taranjeet Singh (Partner), Gouri Puri (Partner), and Rahul Yadav (Partner), with support from Nimish Malpani (Principal Associate), Pundrikaksh Sharma (Senior Associate) and Tushar Kumar (Associate).
Securities law aspects were advised by Kanwardeep Singh (Counsel).
Bluetile and BestPlay operate a diversified portfolio of globally popular casual and social mobile games, including titles such as Yatzy, Domino Legends, Mahjong Voyage, and Spade Stars.
The transaction strengthens Nazara’s presence in the global mobile gaming ecosystem, providing access to Bluetile and BestPlay’s portfolio of casual and social mobile games, supported by AI-assisted development capabilities.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.