17 March 2022
Rymarz Zdort advised Ten Square Games S.A. (“Ten Square Games”) on its acquisition of a 24.8% stake in the Polish gaming business Gamesture sp. z o.o. (“Gamesture”).
The transaction is yet another investment by Ten Square Games on which our law firm has advised. Last June, Ten Square Games acquired a 100% stake in RORTOS S.r.l., an Italian developer of mobile flight simulator games.
The investment of Ten Square Games in Gamesture will enable both entities to exchange experience and know-how as well as strengthen the position of both brands in the mobile gaming market. The value of the transaction amounted to approximately USD 3.5 million.
Ten Square Games is a leading developer and publisher of mobile games specialising in free-to-play casual games. The company has been listed on the Warsaw Stock Exchange since 2018.
Gamesture is a Polish developer specialising in role-playing games such as Questland, Fable Wars and Slash & Roll.
Advice on the transaction was provided by senior associate Aleksandra Kabać, with the support of senior associate Aleksandra Pustiowska. Partner Monika Kierepa led the due diligence team. The transaction team was supervised by managing partner Paweł Zdort.
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