Harbottle & Lewis has advised Pete and Andy Williamson and the other shareholders of Supersonic Software on the sale of Supersonic, the Leamington Spa based games studio, and its publishing subsidiary, Appynation to Miniclip.
Supersonic was founded in 1988 and initially worked as a console game developer before pivoting to specialise in free-to-play mobile games, and is particularly known for its puzzle and crossword games.
Partner Mark Phillips said: “We have known Pete and Andy for a number of years and are delighted to have advised them on the successful sale of Supersonic and Appynation. We look forward to seeing the businesses combining with Miniclip’s expertise and resources, and enjoying continued growth and success.
“There has been significant growth in the games market over the last 18 months which has been reflected by investment and consolidation in the games industry. We, as a firm, have worked on a number of these transactions where our expertise in the industry has combined with our transactional experience.”
On working with Harbottle & Lewis, Pete and Andy Williamson said: “Mark and the team were of real assistance, their understanding of the business and transactional experience being key to preparing us for and successfully completing the transaction.”
The team advising on the deal at Harbottle & Lewis was led by partner Mark Phillips, head of the firm’s Interactive Entertainment Group, supported by Corporate senior associate Ed Lane, and Corporate lawyers Katerina Capras and Jake Jacobson. The team also included Tax partner David Scott and Employment associate Mark Primrose.