Van Doorne Advises Project Golden Arc on Management Buy-Out of Arc Games and Cryptic Studios

"Van Doorne and Pillar Legal advised Project Golden Arc, Inc. on the $40 million management buy-out of Arc Games and Cryptic Studios from Embracer Group AB. The deal was funded by XD Inc., a Hong Kong-listed game developer and publisher. Van Doorne acted as Dutch counsel and Pillar Legal led US legal matters."

Van Doorne and Pillar Legal advised Project Golden Arc, Inc. in the management buy-out of Arc Games and Cryptic Studios from Embracer Group AB, with Van Doorne acting as Dutch legal counsel and Pillar Legal serving as lead US counsel. The transaction involved the acquisition of Arc Games and Cryptic Studios from Embracer Group AB through a management buy-out valued at USD 40 million. The buy-out was funded by XD Inc., a Hong Kong-listed video game developer and publisher. Arc Games is a Dutch publisher of live-service PC and console titles, including Star Trek Online and Neverwinter. Cryptic Studios is the developer of these titles. Van Doorne represented Project Golden Arc, Inc. with a team composed by: Dutch corporate and M&A lawyers acting as legal counsel for the purchaser in relation to the acquisition and related local regulatory and corporate matters. Pillar Legal represented Project Golden Arc, Inc. with a team composed by: US corporate and transactional lawyers acting as lead counsel for US legal aspects of the transaction.

Van Doorne Advises Project Golden Arc on Management Buy-Out of Arc Games and Cryptic Studios

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