National law firm Shoosmiths has advised Californian games publisher Maximum Games LLC ("Maximum Games") on their acquisition of UK-based video games developer and distributor Avanquest Software Publishing Limited ("Avanquest").
The acquisition is an integral step in Maximum Games' future growth strategy and brings together the unique strengths of two commanding companies to deliver the highest level of console and PC video games to consumers around the world.
The acquisition marks the North American games publisher's move to expand distribution of its games globally, providing worldwide audiences with the same innovative video games delivered in the Americas.
Shoosmiths corporate partner, Stuart Murray and solicitors Jen Paton and Alexander Lamley advised Maximum on all the corporate elements of the transaction.
Christina Seelye, chief executive of Maximum Games, said: 'We were provided with excellent advice from Stuart and his team at Shoosmiths, who made the acquisition of UK-based Avanquest a painless process, despite complex cross-border issues.
'We look at this exciting next step as the most effective way to broaden the reach of our video games, offering our studio partners the same focus and attention in Europe as we currently offer here in North and South America.'
Shoosmiths' Stuart Murray, said: 'We were very pleased to have advised Maximum Games through the acquisition process and wish them all the best as they expand their reach in to Europe.'
The company will operate solely under the Maximum Games name and the primary operational headquarters of Maximum Games will remain in Walnut Creek, CA, where the video game publisher has been based since it was founded in 2009.
Shoosmiths' corporate team advises public and private companies, management teams, investors and debt providers through the business life cycle. Shoosmiths work with businesses from start-up and first round finance through to mergers and acquisitions, MBO and MBI transactions, development funding and on exits, by way of sale, listing or private equity investment.
Nationally, the corporate team is ranked in joint first place by deal volume in Experian's UK Deal Review and Advisor League Table. The team was recognised for its mergers and acquisitions expertise at the 2015 M&A Awards, winning the Law Firm of the Year category.