A team of Bristol-based lawyers at international legal practice Osborne Clarke has advised Synova Capital on a significant investment into Mediatonic, a global developer and publisher of video games.
Synova has partnered with London-based Mediatonic to support the continuing growth of the company including investment in strategic partnerships, development of its own original games and the support and publishing of niche games by third party developers.
Mediatonic is led by its two co-founders, Dave Bailey and Paul Croft, who started the company in 2005. Since then it has launched over 100 games in partnership with some of the world’s largest and fastest growing game publishers including Scopely and Square Enix.
Its proven track record in delivering and operating high-quality titles (particularly in the mobile and “free to play” game spaces) has led blue-chip publishers to partner with the company to develop and manage some of their most significant intellectual properties including Gears Pop! (Gears of War, Microsoft) and Fantastic Beasts: Cases from the Wizarding World (Harry Potter, Warner Bros).
The Osborne Clarke team that worked on the deal was led by Bristol-based Partner Al Livingstone, supported by Associate Director Chris Yeo, Senior Associate James Taylor and Associate Isaac Paine, all from the Corporate team, Partner Tom Harding and Senior Associate Michael Ahyow (Commercial), Partner David Nisbet and Senior Associate Homyar Pahlan (Tax), Senior Associate Rhiannon Jones (Employee Incentives) and Senior Associate Nick Haywood (Employment).
Osborne Clarke has more than 500 people at its offices in Temple Quay, Bristol, and is widely recognised as a leading European law firm for interactive entertainment.