Dream Games Gains Sole Equity Partnership from CVC
Deal News | May 07, 2025 | CEE Legal Matters
Dream Games, a mobile games developer and publisher, has secured a significant investment from CVC, an alternative asset manager. This deal positions CVC as Dream Games' sole equity partner, stepping in to provide liquidity to the initial venture capital investors after a substantial five-year period. The investment is supplemented by debt financing from funds managed by Blackstone and other contributors. Renowned law firms GKC Partners, White & Case, and Paksoy provided legal counsel for this transaction. The White & Case team was spearheaded by Istanbul-based partners and included counsel from across major global cities. Paksoy contributed with an adept team of partners and associates based in Istanbul.
Sectors
- Gaming
- Private Equity and Investment Management
- Legal Services
Geography
- Turkey – Dream Games is based in Turkey, and the local legal advisement by GKC Partners takes place here.
- International – White & Case's involvement includes legal experts from major international locations such as Abu Dhabi, Dubai, London, New York, and more.
Industry
- Gaming – The involvement of Dream Games, a mobile games developer and publisher, places this deal within the gaming industry.
- Private Equity and Investment Management – CVC's role as an alternative asset manager providing equity investment highlights the private equity industry.
- Legal Services – The participation of international law firms like White & Case and Paksoy emphasizes the role of legal services in the transaction.
Financials
- Undisclosed – The exact financial terms of CVC's equity investment and Blackstone's debt financing have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Dream Games | Target Company | Company | A mobile games developer and publisher. |
| CVC | Buyer | Company | An alternative asset manager acting as the sole equity partner. |
| Blackstone | Other Company | Company | A fund manager providing debt financing. |
| GKC Partners | Legal Advisor | Company | Provided legal counsel for the transaction. |
| White & Case | Legal Advisor | Company | International law firm advising on the investment deal. |
| Paksoy | Legal Advisor | Company | Istanbul-based law firm advising on the transaction. |