Dechert Advises SciPlay Corporation in Its Acquisition of Alictus

Dechert advised SciPlay Corporation in its acquisition of Alictus, a global developer and publisher of popular, casual mobile games in an all-cash transaction.

SciPlay is acquiring 80% of Alictus for US$100 million in a cash payment that is not subject to financing. Over the next five years, SciPlay will acquire the remaining 20% of Alictus in equal installments, which will range from, in aggregate, US$0 to US$200 million, with valuations based on specific revenue and profitability targets.

SciPlay is a leading developer and publisher of digital games on mobile and web platforms. In addition to developing original games, SciPlay has access to a library of more than 1,500 real-world slot and table games provided by Scientific Games Corporation and its subsidiaries.

The Dechert team that advised SciPlay includes corporate partners Stephen Pratt and Jonathan Kim, counsel James Stonehill, and associates Stephanie Haas, Ranjini Ramesh, Jonathan Burke and Ji Hong Park; tax partner David Passey and associate Insung Kim; antitrust partners James Fishkin and Clemens York, counsels Beverly Ang and Michael Okkonen and associate Delphine Strohl; intellectual property partner Thomas Rayski and associate Spencer Joffrion; international trade partner Darshak Dholakia; privacy & cybersecurity partner Karen Neuman and associates Michael Tierney and Colleen Hespeler; employee benefits partner David Jones and associate Jake Phillips; real estate special counsel Francois Quintard-Morenas; labor partner Ian Downes; and environmental special counsel John Ix.

About Dechert

Dechert is a leading global law firm with 22 offices around the world. The firm advises on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.