Filip & Company assists Amber Studio in securing a USD 20 million financing
Filip & Company law firm assisted Amber Studio SA, a global independent video game developer, in securing a USD 20 million financing from an investment fund advised by Emona Capital LLP.
The post-investment valuation of the Romanian company is USD 190 million, one of the highest valuations ever obtained by a Romanian company in a Series A financing, and a significant part of the funds will be used to develop Amber through new mergers and acquisitions.
“Amber’s rating is an extraordinary one for a Romanian Series A company, but it is merely a fair reflection of the value of a business built, in a highly competitive global field, by one of the most beautiful teams I have ever met. We actually had fun making this deal and can’t wait to see what wonders they do with this money. We thank Amber for their trust and excellent cooperation and wish Emona a very successful investment”, said Alexandru Bîrsan, partner at Filip & Company.
The Filip & Company team was coordinated by Alexandru Bîrsan and included in key roles Olga Niță (partner), Andreea Bănică (senior associate) and Andrei Anghel (associate).
The Filip & Company team assisted Amber Studio on Romanian law matters, with respect to the preparation, negotiation and execution of the shareholder agreement and the sale agreements under which some of Amber’s shareholders sold shares to the investment fund advised by Emona Capital LLP.
The lawyers at Filip & Company have had important roles in many of the key M&A transactions in Romania. Whether they were privatisations, private equity, venture capital or growth capital transactions or other complex M&A, in very many cases at least one of the parties was legally assisted by Filip & Company. Furthermore, the lawyers at Filip & Company are ranked first in the most prestigious international legal directories – Chambers and Partners and Legal 500 – with their M&A practice, both as a team as well as individually.
Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have a wide experience in several domains, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses.