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Schoenherr and Eisenberger & Herzog Advise on Playtika's Acquisition of Supertreat

Schoenherr and Eisenberger & Herzog Advise on Playtika's Acquisition of Supertreat

Austria
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Schoenherr has advised Playtika Ltd. on the acquisition of Supertreat GmbH, the developer of the mobile game Solitaire – Grand Harvest. Eisenberger & Herzog advised the sellers.

Financial terms of the transaction, which closed on January 16, 2019, were not disclosed.

Playtika is a game publisher with 22 million active monthly users. Founded in 2010, the company is among the first to offer free-to-play social games on social networks, and subsequently on mobile platforms, Schoenherr reports. The company, which is headquartered in Herzliya, Israel, has over twelve offices worldwide including Tel-Aviv, London, Montreal, Chicago, Las Vegas, Santa Monica, Buenos Aires, Tokyo, Kiev, Bucharest, Minsk, Dnepr, and Vinnitsa. In 2016, Playtika was acquired by Shanghai Giant Network Technology as reported by CEE Legal Matters on August 15, 2016 and November 21, 2016.

Founded in 2016, Supertreat is a mobile games developer located in Graz, Austria. Its flagship app is Solitaire - Grand Harvest, which Eisenberger & Herzog describes as "currently the  most successful card game apps for Android and iOS worldwide, [and] which has more than 100 million users."

The Schoenherr team in Vienna was led by Partner Thomas Kulnigg and included Partners Alexander Popp and Christoph Haid, Attorneys-at-Law Manuel Ritt-Huemer, Dominik Hofmarcher, Klaus Cavar, and Veronika Wolfbauer, Counsel Gunther Leissler, and Associates Christopher Junger, Paul Nimmerfall, Janos Boszormenyi, Sebastian Lukic, Birgit Hirsch, and Karin Pusch.

The Eisenberger & Herzog team was led by Partner Alric Ofenheimer and included Partners Dieter Thalhammer, Andreas Zellhofer, Helmut Liebel, and Jana Eichmeyer, Attorneys-at-law Christopher Engel, Stefan Wartinger, and Karolin Andreewitch,  and Associates Helena Neuner, Wolfgang Kofer, Ladislav Bulajcsik, Alissa Forstner, and Florian Sagmeister.