Paradox Interactive: Acquires Haemimont Games to Expand Management Game Genre
Deal News | Feb 24, 2025 | CEE Legal Matters
Kinstellar, a law firm, has provided legal advice to Paradox Interactive, a developer and publisher renowned for strategy and management games, in its recent acquisition of Haemimont Games, a video game studio based in Bulgaria. This strategic move is part of Paradox Interactive's aim to extend its reach and enhance its offerings in the management games genre. The transaction highlights Paradox Interactive's commitment to bolstering its portfolio in a competitive market. The Kinstellar legal team involved in this deal was comprised of Partner Diana Dimova, Counsel Atanas Mihaylov, Managing Associate Georgi Kanev, Senior Associate Denitsa Kuzeva, Associate Debora Dineva, Attorney at Law Vanya Evtimova, and Junior Associates Simona Damyanova and Vilislava Kolarova.
Sectors
- Video Game Development
- Legal Services
Geography
- Sweden – Paradox Interactive is based in Sweden, and this affects the strategic decisions and industry operations.
- Bulgaria – Haemimont Games is a video game development studio located in Bulgaria, thus the acquisition involves cross-border elements.
Industry
- Video Game Development – Both Paradox Interactive and Haemimont Games are participants in the video game development industry, focusing on strategy and management games.
- Legal Services – Kinstellar provided legal advisory services for the acquisition, highlighting the role of legal services in corporate transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paradox Interactive | Buyer | Company | A Swedish developer and publisher of strategy and management video games. |
| Haemimont Games | Target | Company | A Bulgarian video game development studio. |
| Kinstellar | Legal Advisor | Company | A law firm that advised Paradox Interactive on the acquisition. |
| Diana Dimova | Partner | Person | Partner at Kinstellar, involved in advising on the acquisition. |
| Atanas Mihaylov | Counsel | Person | Counsel at Kinstellar, involved in advising on the acquisition. |
| Georgi Kanev | Managing Associate | Person | Managing Associate at Kinstellar, involved in advising on the acquisition. |
| Denitsa Kuzeva | Senior Associate | Person | Senior Associate at Kinstellar, involved in advising on the acquisition. |
| Debora Dineva | Associate | Person | Associate at Kinstellar, involved in advising on the acquisition. |
| Vanya Evtimova | Attorney at Law | Person | Attorney at Law at Kinstellar, involved in advising on the acquisition. |
| Simona Damyanova | Junior Associate | Person | Junior Associate at Kinstellar, involved in advising on the acquisition. |
| Vilislava Kolarova | Junior Associate | Person | Junior Associate at Kinstellar, involved in advising on the acquisition. |