Eversheds Sutherland advises Wicket Gaming on acquisition of Wegesrand Group
October 12, 2022
Eversheds Sutherland advises Wicket Gaming on acquisition of Wegesrand GroupOctober 12, 2022
Eversheds Sutherland has advised Wicket Gaming AB on its acquisition of the Wegesrand Group. The acquisition of the Wegesrand Group creates a platform for Wicket Gaming’s further establishment in Europe through new projects and acquisitions, access to a talented and experienced team of game developers. Wicket Gaming is a publicly traded Swedish game development company founded in 2015. The company's business concept is based on developing and distributing so-called free-to-play games in the sports genre based on proprietary brands. Since its inception, the Company has worked to develop its first title, Cricket Manager, which is a manager game in cricket for mobile devices that aims to create and own its own cricket club and compete against other players around the world. The goal is to create one of the world's most popular cricket manager games for mobile devices and to use a technical platform to broaden the game portfolio to include other sports manager games. Wegesrand is a gaming, media, and digital education group with several offices in Germany, headquartered in Mönchengladbach. The group consists of approximately 20 full-time employees with expertise in computer game development, game design and digital education, in addition to which the group also has several in-house developed titles which are planned to be launched in the next two years. Wicket Gaming was represented by an Eversheds Sutherland team led by Partner Dr. Christian Mense, Counsel Dr. Christian Lindner (both corporate/M&A, Munich) and Partner Johan Engström (capital markets, Stockholm). Latest Insights
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