Stillfront Group AB (publ) (“Stillfront”), a leading free-to-play powerhouse of gaming studios, has completed the acquisition of the first tranche of the shares in Nanobit, d.o.o, representing 78% of the shares in Nanobit, (the “First Tranche Transaction”) which was announced through a press release on 17 September 2020.
On September 17th, Stillfront Group announced its acquisition of Nanobit, thereby making the company now 15 studios strong! More notably, this is Stillfront’s 3rd acquisition already in 2020 — Storm8 (January 2020) and Candywriter (April 2020) — resulting in a very impressive rate of one acquisition per quarter.
2020-09-17 · Rebekah Valentine. Publisher Stillfront Group has announced it will acquire Croatia-based development studio Nanobit for at least $100 million. The initial consideration of $100 million is for 78% Hamburg, Germany. May 9th, 2016 Stillfront finalizes acquisition of Bytro Labs Stillfront Group AB (publ) Stillfront Group AB (publ) (“Stillfront”), a leading free-to-play powerhouse of gaming studios, has completed the acquisition of the first tranche of the shares in Nanobit, d.o.o, representing 78% of the shares in Nanobit, (the “First Tranche Transaction”) which was announced through a press release on 17 September 2020.
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Super Free is a San Francisco based rapidly growing developer of market leading Casual and Mash-up games. Pending. Stillfront was founded in 2010, but truly came together in 2012 when six companies - Stillfront, Coldwood Interactive, OnGolf, Gamerock, VOIPlay, and Verrano - merged. That’s an unusual beginning on the face of it, but the purpose was clear: to create significant value by forming a roll-up entity for consistently profitable gaming studios that ideally have further room to grow. On December 16, 2016, four years after inception, Babil Games LLC, a top-tier mobile game publisher in the MENA region, was acquired by Stillfront Group AB, listed on First North Premier Growth Market in Stockholm, Sweden, and became part of the international gaming powerhouse, for $17M.Babil Games LLC has announced the acquisition of 100% of its shares, with offices in Dubai/UAE and Amman/Jordan. Stillfront Group completes the acquisition of Storm8, Inc. Stillfront Group AB (publ) (“ Stillfront ”), a global market leader in free-to-play online games, has completed the acquisition of Storm8, Inc. (“ Storm8 ”), which was announced through a press release on 21 January 2020. Stillfront Group AB (publ) (“Stillfront”) has completed the acquisition of the initial tranche of the shares in Moonfrog Labs Private Limited (“Moonfrog”), representing 91% of the shares in Moonfrog.
Stillfront will acquire the remaining 9% by 2024. Trilegal’s team comprised: Partner Nikhil Narendran, senior associate Jishnu Sanyal, and associates Aparajita Lath, Krati Hashwani and Cheta Sheth (TMT); partner Clarence Anthony and associates Nidhi Singla and Aditya Ravishankar (corporate); and partner Swarnima and associates Sachin Arora and Pragya Goyal (employment and labour). Through its acquisitions, Stillfront aims to make its sales more predictable and less reliant on the fate of a few blockbuster games.
Stillfront Group presents unaudited proforma financials for YTD Q3 2020 and FY 2021 guidance for the acquisitions of Super Free Games and Sandbox
25 Jun 2020 Stillfront Group AB (publ) has completed a private placement of new to act swiftly on potential future acquisitions and growth opportunities. Stillfront Group presents unaudited proforma financials for YTD Q3 2020 and FY 2021 guidance for the acquisitions of Super Free Games and Sandbox Stillfront Group AB (publ) (”Stillfront”) has today entered into an agreement with the owners of Altigi GmbH to acquire 100 percent of the shares in Altigi GmbH Stillfront group consists of game studios in different countries and the company's main markets. Stillfront Group completes the acquisition of Moonfrog Labs. Stillfront Group AB (publ) ("Stillfront") has today completed the acquisition of 100% of the shares in KIXEYE, Inc., (“KIXEYE” or the “Company”) a leading Organic growth and carefully selected and executed acquisitions embody our growth strategy and our +750 co-workers thrive in an organization that engenders DLA Piper has advised Stillfront Group AB (publ), a global group of gaming studios and a market leader in the free-to-play online strategy games genre, Stillfront Group AB (publ) (“Stillfront”) has completed the acquisition of the initial tranche of the shares in Moonfrog Labs Private Limited Redeye feels that the market has not yet fully appreciated the recent value-accretive acquisitions and we will make upward revisions to our Stillfront Group AB: Stillfront acquires German sports management game OFM and enters publishing agreement on Football Empire.
Stillfront is a leading free-to-play powerhouse of gaming studios. Our diverse and exciting games portfolio has two common themes; loyal users and long lifecycle games. Organic growth and carefully selected and executed acquisitions embody our growth strategy and our approx. 1,000 co-workers thrive in an organization that engenders the spirit of entrepreneur
Furthermore, the acquisition will enable substantial scaling and collaboration potential within Stillfront with the mobile launch of the game planned for H1 2021.
Stillfront has prepared preliminary unaudited financials for Jan-Sep 2020 for Moonfrog, SuperFree, Sandbox and Stillfront with the purpose of describing the financial situation of Stillfront as if the acquisitions had been completed per 1 January 2020. No synergies have been taken into consideration. In October 2020, Stillfront acquired Croatia-based mobile narrative & lifestyle games developer Nanobit for up to $148m on a cash and debt free basis. In April 2020, Stillfront acquired a US-based mobile games developer Candywriter, focusing on casual and mash-up (life simulation) games, for a total consideration of $195m.
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Organic growth and carefully selected and executed acquisitions embody our growth strategy and our 1,000+ co-workers thrive in an 2019-11-11 · “Stillfront Group saw an immediate impact on its bottom line from the acquisition of Kixeye, with revenue and profit making significant gains in the third quarter.
💵 Acquisitions. Stockholm-based mobile game developer and publisher Stillfront Group (OM:SF) has entered into an agreement to acquire 100% of San Francisco-based mobile game developer Super Free Games and 100% of Berlin-based PC & mobile MMORPG developer Sandbox Interactive
Sweden-based free-to-play gaming studios Stillfront Group, on Tuesday (February 2), announced that it will acquire Bengaluru-based Moonfrog Labs Private Limited, the company behind popular games
Stillfront Group AB (publ) ("Stillfront"), a global market leader in free-to-play online games, has completed the acquisition of Storm8, Inc. ("Storm8"), which was announced through a press release on 21 January 2020. The upfront consideration which was paid to the sellers of Storm8 amounted to USD 300 million, on a cash and debt free basis.
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💵 Acquisitions. Stockholm-based mobile game developer and publisher Stillfront Group (OM:SF) has entered into an agreement to acquire 100% of San Francisco-based mobile game developer Super Free Games and 100% of Berlin-based PC & mobile MMORPG developer Sandbox Interactive
Add Column. 1. Moonfrog Labs acquired by Stillfront Group. 10 Mar 2021 Stillfront Group, a Swedish mobile game company has recently acquired 100% shares of Moonfrog Labs and its Dhaka-based subsidiary Ulka Stillfront, independent games developer and games publisher. Sweden's Stillfront acquires Canada-based gamedev company KIXEYE for $90 million. Organic growth and carefully selected and executed acquisitions embody our growth strategy and our +750 co-workers thrive in an organization that engenders The acquisition of Storm8 and Candywriter together with it's potential synergies will drive Stillfront's EBIT-margin expansion at a. CAGR of 61.7% (2019A-2022E) 13 Jan 2021 Through its acquisitions, Stillfront aims to make its sales more predictable and less reliant on the fate of a few blockbuster games.