MAQS has advised the sellers of Jadestone Group AB
WMS Industries Inc. has acquired Jadestone Group AB, a leading developer, publisher and distributor of online gaming content and entertainment for online game companies.
WMS is a global leader in the design, manufacture and distribution of games, gaming content and gaming machines. This tuck-in acquisition is of a strategic technology enabler that augments and enhances the existing WMS portfolio of gaming content, online products and content distribution capabilities for customers looking to expand their brand with online interactive offerings. The terms of the transaction, which will be funded from cash on hand, were not disclosed.
The former owners of Jadestone Group AB were advised by MAQS Law Firm in the transaction. The firm’s team included partners Michael Hylander (M&A), Lars Odinge (tax), Torbjörn Lindmark (employment) and senior associate Johan Engström.
WMS was advised by partner Torbjörn Hultsberg of Kilpatrick Townsend together with a team including associates Kristina Stavne, Sophie Gyllsten and Louise Gräslund.
For more information, please contact Michael Hylander, MAQS Law Firm, Telephone: +46 (0)8 407 09 00, E-mail: email@example.com.