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Fieldfisher advises SuperScale on multi-party VC transaction
The European law firm assisted the games industry service company, which works with some of the best mobile games companies in the world, on a complex transaction conducted under Polish law.
European law firm Fieldfisher has closed a multi-party venture capital transaction for games industry service company, SuperScale sro, involving a significant investment from Level-Up First S.àr.l., a leading Luxembourg VC fund specialising in mobile games companies.
The transaction was conducted under Polish law in collaboration with Warsaw-based B2RLaw, which represented SuperScale Poland and SuperScale’s founder and CEO, Ivan Trančik, on the investment from Level-Up and related matters, as well as a number of international angel investors into SuperScale.
Before the transaction, Ivan Trančik and BoomBit (a software publisher listed on the Warsaw Stock Exchange) held 100% of shares in SuperScale, a Polish company financing the operations of its 100% owned Slovakian subsidiary.
SuperScale is a fast growing video and computer games market consultancy with a growing portfolio of international clients. The company specialises in providing services related to mobile game business analytics, game design consulting, and mobile game user acquisition, with creative production services.
With support from Fieldfisher, which provided crucial industry and commercial expertise, B2R took a leading role in the transaction, negotiating the investment from Level-Up and angel investors into SuperScale; advising on restructuring of debt, and the sale of part of BoomBit’s shares. It also advised in respect to the new shareholders’ agreement with the new lead investors, the current shareholder (BoomBit) and minor co-investors.
As a result of the transaction, SuperScale will issue 712 new preferred shares with a nominal value of PLN 50 each, which will be offered for subscription and subscribed for by Level-Up First S.àr.l. and other minority investors. The transaction also included the drafting and negotiation of a share purchase agreement, pursuant to which SuperScale sold to investors jointly 150 shares in SuperScale at a price of €3,150.07 per share.
B2RLaw worked closely with the team from Fieldfisher’s London office, led by corporate partner Brian Chadwick, a leading expert in the international games sector
Commenting on the deal, Fieldfisher partner Brian Chadwick said:
“We were delighted to work with the brilliant team at B2R and lead the client and investor relationship aspects of this deal, providing crucial industry and commercial expertise along the way.
“Together, we delivered a combination of legal, commercial and industry expertise distinguishing us for our unique ability to support Polish/CEE games companies locally and internationally and connect local companies with international counterparts and investors.
“The mobile gaming industry and the surrounding service sector continues to be a strong growth area in Europe and globally and we look forward to closing further deals for clients in this exciting market.”
B2R’s team was led by partner Aleksandra Polak, supported by partners Szymon Syp, PhD and Przemysław Krzemieniecki; senior associates Iga Wojtczak-Opala and Piotr Leonarski; associates Krystyna Jakubowska and Teresa Pilecka; and junior Associate Martyna Szpakowska.
Slovak aspects of the transaction were managed by Jakub Berthoty from Digital Legal in Bratislava.
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SOFTSWISS Game Aggregator: Largest Content Hub Certified in Brazil
The SOFTSWISS Game Aggregator, the largest content hub in the iGaming industry, has secured Brazilian certification, becoming one of the first in the market to achieve this milestone.
Regulatory rules for iGaming come into effect in Brazil on 1 January 2025. According to them, platforms, aggregators, sportsbooks, and providers must undergo certification. Companies aiming to provide their services in Brazil in 2025 and beyond have been preparing for this transition throughout the year.
The SOFTSWISS team announces that its Game Aggregator is the first to fully comply with regulations, completing all necessary preparations and receiving the certificate to ensure smooth and efficient operations for its clients.
SOFTSWISS has also obtained certification for integration with the world’s largest game providers – Pragmatic Play, Evolution, and Playtech. These providers offer a diverse range of games tailored to suit the preferences of Brazilian players, from immersive live dealer experiences to engaging slots and table games, ensuring entertainment for every type of player.
According to recent Kantar research conducted in November 2024, the overall satisfaction index for the SOFTSWISS Game Aggregator is 8.1 out of 10. Remarkably, half of the respondents rated the product a 10 or 9. Customer support service satisfaction scored even higher, at 8.4 out of 10.
The Game Aggregator also boasts a key advantage: consistent 99.999% uptime, which is crucial for the iGaming business.
Ivan Montik, Founder of SOFTSWISS, notes: “According to our information, the SOFTSWISS Game Aggregator is the first aggregator fully prepared, both technically and legally, to work in Brazil when the new regulations take effect. This is a significant achievement that the team has worked on diligently and systematically. Our work doesn’t stop here – we are actively adding new providers to help our clients expand their presence in this promising Brazilian market, which is no longer ‘the sleeping giant’. It has awakened, and SOFTSWISS is at the forefront of this exciting transformation.”
To support this high level of performance, earlier this year SOFTSWISS appointed Rubens Barrichello, the Brazilian Formula 1 legend, as a Non-Executive Director, demonstrating its strong commitment to the local market. To ensure efficient operations and promptly address ongoing matters, SOFTSWISS also has a dedicated team of local business development managers in Brazil.
SOFTSWISS team will be available to discuss partnership in Brazil and other markets at the first major iGaming event of 2025 – ICE Barcelona, taking place on 20–22 January, at stand 2G42.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 23,500 casino games, the Affilka Affiliate Platform, the Sportsbook software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.
The post SOFTSWISS Game Aggregator: Largest Content Hub Certified in Brazil appeared first on European Gaming Industry News.
Latest News
Digitain has promoted Group Chief Strategy Officer to CEO of Relum
Digitain, the leading provider of sportsbook and casino platform solutions, announced today that Edmond Ghulyan, the Group Chief Strategy Officer, has been promoted to CEO of Relum, the casino engine solution provider that is part of the Digitain Group of Companies.
Edmond has held several key leadership positions within the Digitain Group over the past seven years, including Chief of Centrivo Products and Group Chief Strategy Officer. He brings extensive experience in the iGaming industry, along with expertise in digital strategy, product innovation, operations, and market-product fit strategies. His comprehensive understanding of both B2B and B2C iGaming supply chains will be invaluable in further scaling Relum’s product offerings, including casino aggregation services and market expansion.
Digitain’s Group Founder, Mr. Vardges Vardanyan, commented on the promotion: “I am delighted to have Edmond lead the Relum team. With his extensive experience in product and commercial development at Digitain over the years, Edmond will support and facilitate comprehensive solutions as Relum expands its services to B2C partner operators in high-growth markets.”
Edmond Ghulyan, CEO of Relum, expressed his enthusiasm for the new role: “I am truly excited to have played my part of Digitain’s growth journey, and now Relum, a company that has consistently expanded its business solutions within the global regulated iGaming supply chain. The company’s customer-centric approach and commitment to its people in delivering complex solutions for today’s multi-jurisdictional regulated operators have always impressed me. I eagerly look forward to scaling the Relum business with new and existing partners and leading the product and sales team in the coming months.”
The post Digitain has promoted Group Chief Strategy Officer to CEO of Relum appeared first on European Gaming Industry News.
Argentina
ZITRO CELEBRATES THE LAUNCH OF ITS FIRST WAP IN ARGENTINA AT THE HIPÓDROMO DE PALERMO
Zitro, a leading global gaming company, has announced the successful launch of its first Wide Area Progressive (WAP) in Argentina, with over 45 slot cabinets initially installed in five gaming halls located at the Hipódromo de Palermo. The product selected for this project is the successful game “Mighty Hammer Ultimate” on Zitro’s premium cabinet, “Altius Glare.”
This system represents the first WAP in South America. A shared jackpot called “Mega Pozo Mighty Hammer” starts at 50 million Pesos and grows progressively, making it the largest accumulated prize in the region. The official inauguration was held on December 19th during the exclusive “Noche de Palermo” event, including a live performance by the renowned Argentinian band Los Totora.
Company Directors commented: “We are very pleased to introduce Argentina’s first WAP at the Hipódromo de Palermo. This project – for which we partnered with Zitro – reiterates Casino Club’s commitment to innovation, always under the premise of offering our customers an entertainment experience that exceeds all their expectations.”
For her part, Alejandra Burato, Regional Director of Zitro for LatAm, commented: “The launch of our first WAP in Argentina is a very important milestone for Zitro, as it confirms our company as a supplier of machines for WAPs. Attending the inauguration event and seeing firsthand how our products connect with players has been a pleasure, providing a unique and different entertainment experience in the region. Additionally, I want to highlight the excellent marketing surrounding the launch, contributing to its success. Finally, I would like to thank Casino Club for their trust and collaboration, which has allowed us to present this innovative proposal in such a renowned and emblematic place as the Hipódromo de Palermo.”
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