The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Avellum

38 VOLODYMYRSKA STREET, 4TH FLOOR, 01030 KYIV, UKRAINE
Tel:
Work +380 44 591 3355
Email:
Web:
www.avellum.com
Kiev, Kiev

Show all Press releases

AVELLUM advises Nordcurrent on acquisition of Blam! Games Studios

June 2018

AVELLUM advises Nordcurrent on acquisition of Blam! Games Studios

AVELLUM acted as the Ukrainian legal counsel to Nordcurrent on the acquisition of Blam! Games Studios. Nordcurrent is the largest game development studio in the Baltic region. Blam! Games Studios is a Ukrainian game development and animation studio, which has been cooperating with Nordcurrent since 2014.

AVELLUM advised Nordcurrent on the structuring of the transaction and preparation of the acquisition documents, as well as on the preparation of the employment contract for the Ukrainian CEO. AVELLUM also provided an extensive advice on the structuring of the employment relations with the software developers.

AVELLUM’s partner Yuriy Nechayev commented the following: “We are seeing an increased interest of Baltic investors in the Ukrainian market, especially in the IT industry. This deal is a bright example of this trend. IT, together with agribusiness, are the most attractive industries for foreign investors and, at the same time, the leading forces of Ukrainian economy. Needless to say that we are happy to be a part of this trend.”

The AVELLUM team was led by partner Yuriy Nechayev with the support from associates Andrii Gumenchuk and Sofiia Kostytska.

Legal Developments by:
Avellum

Legal Developments in Ukraine

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to