Arma Capital, an Istanbul based M&A advisory firm, has provided financial advisory services to DoubleU Games in this transaction. Legal advisory services were provided by BASEAK for DoubleU Games.

Acquisition of Paxie Games for up to $67.0 million (Upfront $27.0 million and Earn-out up to $40.0 million depending on the performance), expected to leverage DoubleU Games’ marketing capabilities to ...