Shardul Amarchand Mangaldas Advises Sellers on Nazara Technologies’ Stake Acquisition in Bluetile Games and BestPlay Systems

Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to the sellers on the acquisition by Nazara Technologies Limited, through its wholly owned subsidiary Nazara Technologies UK Limited, of a 50% controlling stake in Bluetile Games S.L. (formerly known as Playvalve S.L.) and BestPlay Systems S.L., for an initial consideration of approximately USD 100.3 million (~INR 918 crores).

Bluetile and BestPlay operate a diversified portfolio of globally popular casual and social mobile games, including titles such as Yatzy, Domino Legends, Mahjong Voyage, and Spade Stars. The transaction strengthens Nazara’s presence in the global mobile gaming ecosystem, providing access to Bluetile and BestPlay’s portfolio of casual and social mobile games, supported by AI-assisted development capabilities.

The SAM transaction team was led by Partners Natashaa Shroff, Taranjeet Singh, Gouri Puri, and Rahul Yadav, with support from Nimish Malpani, Principal Associate; Pundrikaksh Sharma, Senior Associate; and Tushar Kumar, Associate. Securities law aspects were advised by Kanwardeep Singh, Counsel.

About Shardul Amarchand Mangaldas & Co:

Shardul Amarchand Mangaldas & Co. (SAM), founded on a century of legal achievements, is one of India’s leading full-service law firms with the ISO/IEC 27001:2022 certification - the latest global benchmark for Information Security Management Systems. The Firm’s mission is to enable business by providing solutions as trusted advisers through excellence, responsiveness, innovation, and collaboration. SAM is known globally for its exceptional practices in mergers & acquisitions, private equity, competition law, insolvency & restructuring, dispute resolution, international commercial arbitration, capital markets, banking & finance, tax, intellectual property, data protection and data privacy, white collar crime, technology law, infrastructure, energy and project finance.

With the full suite of Harvey AI functionalities, the Firm has a pan-India presence and has been at the helm of major headline transactions and litigations in all sectors, besides advising major multinational corporates on their entry into the Indian market and their business strategy. Currently, the Firm has over 950 lawyers, including 184 Partners, offering legal services through its offices in New Delhi, Mumbai, Gurugram, Ahmedabad, Kolkata, Bengaluru, and Chennai.