Post by Nikolas Zirngibl

JustPlay - just don't tell your kids 😊 💯 JustPlay operates a #loyalty gaming app through which users are rewarded for playing mobile games with #cash (I mean real 💵🤑💰). The company follows a “play-to-earn” model that enables both payouts to gamers and donations to #charitable organizations. 🚀 Together with the #bestteam I have advised the shareholders of JustPlay on the sale of a 70% stake to South Korea’s NCSOFT Corporation for a purchase price of USD 202 million. 🎮 NCSOFT Corporation is a publicly #listed South Korean video game developer and publisher. The company is among the world’s well-known providers of online games and is particularly recognized for multiplayer online role-playing games featuring long-term live services and a large international player base. 🎲 Congratulations to the #fabulous JustPlay team around Carl Livie, Gil Mincberg, Mirko Aquaro and Stephan Beinert as well as general counsel Frank Volpers to this great deal. It has been so much fun working with you! 🎰 The transaction was advised by #gaming M&A boutique Aream & Co. and a team around Matthew Short - very well done, Matthew! 🤝 Thank you to our colleagues at Ashurst and the team around Marina Arntzen, Sina Schwirz and Dr. Matthias J. Annweiler for the cooperative spirit to get this deal done in the shortest time ever. We can still sleep when we get old. 🎉 And a huge shoutout to the bestteam which has worked day and night and has once again just impressed me: Dominik Lang, Thiemo Woertge, Julia Dingeldey, Nadja Weber, Lucie Arntz, Nico Bär, Dr. Falk Loose, Peter Volkmann, Anthonia Ghalamkarizadeh, Dr. Henrik Hanssen, Julian R., Dr. Marvin Jäschke and Stefan Kirwitzke. Hogan Lovells Hogan Lovells Germany #fun #lifeistooshorttojustwork #dealnews #MandA #reward