Kennedys acts in sale of Cheshire-based games publisher
Our Manchester office has acted for Cheshire-based video games publisher and developer, Merge Games in its sale to Zordix AB.
Merge Games has sold 100% of its shares to the multinational developer and publisher for an undisclosed sum. The sale will allow Merge Games to further accelerate its growth through collaboration with other companies in the Zordix group. For Zordix, it will bolster its publishing capacity.
Husband and wife team Luke and Joanne Keighran set up Merge Games in 2010, going on to publish and distribute major titles such as Darkest Dungeon, Dead Cells, and Streets of Rage 4.
The Kennedys team acted on the share sale and purchase agreement and was led by partner Reuben Berg (client relationship partner), senior associate Christopher Williams (corporate/M&A), partner Amanda Beaumont (employment) and trainee Edward Hitchen.
Luke Keighran, managing director of Merge Games says: “The sale of Merge Games was naturally a big decision for me and Joanne, but it will give us the opportunity to accelerate our growth. Having the team at Kennedys handle the sale and purchase agreement gave us a huge amount of reassurance. Both Joanne and I are grateful for their expertise as we embark on the next evolution of the business.”
It’s great to have been able to assist another North-West business to grow, allowing us to bring in different expertise across the firm. I wish Merge Games every success for their future.
Reuben Berg, Partner
Kennedys opened in Manchester in October 2008 with a team of 12. Following recent expansion, the 127-strong team moved into new, larger premises in the Trinity, 16 John Dalton Street.