Embracer Group has announced the sale of Saber Interactive to Beacon Interactive, in a deal worth $247 million, marking a significant milestone in the gaming industry.
Embracer Group is a global group of creative and entrepreneurial businesses in PC/console, mobile and board games and other related media. The Group has an extensive catalogue of over 900 owned or controlled franchises.
The former CEO of Saber Interactive and part-time chief operating officer of Embracer Group Matthew Karch established a company called Beacon Interactive earlier this year, which acquired Saber Interactive from its parent company, Embracer Group.
The Serbian studio, Mad Head Games, with its operations in Serbia and Bosnia and Herzegovina, will be among those parting ways with Embracer.
Our team, consisting of Senior Partner Miloš Jakovljević, Partner Ivan Nonković, Associate Jasmin Omerdić, as well as Junior Associates Teodora Vasin and Pavle Vučetić, advised on the local aspects of the transaction.
Senior Partner, Partner, and Associate refer to Independent Attorney at Law in cooperation with Karanovic & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.
