Macfarlanes advises Improbable on acquisition of game hosting company zeuz
Macfarlanes, in close collaboration with German-headquartered law firm Noerr, advised Improbable on its acquisition of all shares in Munich-based technology start-up company zeuz GmbH.
Improbable, a global games technology company headquartered in the UK, provides products and services to multiplayer game developers, and makes innovative multiplayer games using its own technology. Adding zeuz’s hosting and server orchestration capabilities will further the company’s mission to make online game development more efficient, effective and accessible for developers making any kind of multiplayer game.
Improbable has been a client of Macfarlanes since its inception in 2012, with the firm advising on each of the company’s funding rounds, including its $502m financing in 2017 led by Japan’s SoftBank Group Corporation which, at the time, was the biggest venture financing round by a private British company in history.
The Macfarlanes team for this matter was led by corporate and M&A partner Alex Edmondson with assistance from senior solicitor Julian Grant. Tax expertise was provided by Peter Abbott and solicitor Lucy Urwin. Noerr partners Carsten Heinz and Felix Blobel led their team.
Alex Edmondson comments: “This was a complex cross-border transaction involving a number of stakeholders which required Macfarlanes and our colleagues at Noerr to work closely with the Improbable team to ensure that they were able to complete the acquisition successfully and to the satisfaction of all parties. This was the third acquisition we have concluded with Improbable in the last 12 months and our history of advising them on all of their corporate matters since the company was incorporated means we have been well placed to help them continue their rapid growth and international expansion.”