October 15th, 2010 – LD&A acted as advisor to the shareholders of UK based Chillingo on the sale of the company to Electronic Arts (NASDAQ: ERTS), the leading video game publisher.
Founded in 2002 by Joe Wee and Chris Byatte, Chillingo has become a leading game publisher on new digital platforms such as the Apple’s AppStore. Working with a network of independent studios all over the world, Chillingo rapidly became the “independent developer’s publisher” of choice and has brought to market many chart topping titles such as Angry Birds, Cut the Rope, Predators, Zen Bound…
With this acquisition, EA Mobile is increasing its market leadership on the Apple Platform as well as reaffirming its position as the world’s leading wireless entertainment publisher.
“Core to Chillingo’s success is a combination of visionary management, unique publishing intelligence tools and state of the art community tools . These enable Chillingo to identify and animate an innovative and dynamic international network of independent developers producing some of the best games on the market. This acquisition will combine Chillingo’s expertise in publishing independent developers with the power and reach of EA mobile.” comments François Carlot, Principal with LD&A.
Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Geneva, Singapore* and Dubai*. The firm focuses on M&A and corporate finance for its clients worldwide. Drake Star Partners completed over 400 transactions since 2004, 70% of which are cross-border.
Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorised and regulated by the Financial Conduct Authority. © 2016 Drake Star Partners Limited.