8 April 2020
Gernandt & Danielsson advisor in relation to Embracer’s private placement
Gernandt & Danielsson has advised Carnegie Investment Bank AB (publ) and Joh. Berenberg, Gossler & Co. KG in connection with a private placement of shares in Embracer Group AB (”Embracer”) through a directed new issue of up to approximately SEK 1.6 billion. The new issue was subscribed for by Swedish and international institutional investors.
Embracer, which is listed on Nasdaq First North Growth Market, is the parent company of businesses developing and publishing PC and console games for the global games market with a catalogue of over 160 owned franchises. Embracer’s head office is located in Karlstad and the group has 31 internal game development studios and engages more than 3,500 employees and contracted employers in more than 40 countries.
Gernandt & Danielsson's team consisted of Partners Mikael Borg and Gustav Skogö Nyvang, Senior Associate Oscar Anderson and Associate Josefine Jonsson Tepavac.