NorthEdge Capital’s Acquisition Of Catalis Group

Eversheds Sutherland has advised NorthEdge Capital on its acquisition of Catalis Group, one of the UK’s leading independent video games companies, in a deal that values the business at £90 million.

Vespa Capital, which has been a shareholder in Catalis since 2014, and Catalis CEO Dominic Wheatley, have reinvested the majority of their shareholdings in Catalis as part of the transaction.

Catalis has a number of game releases planned for the coming months including the official Narcos game, Narcos: Rise of the Cartels, A Knight’s Quest and Peaky Blinders, based on the hit TV series.

NorthEdge – which manages £650 million of private equity funds aimed at lower mid-market buy-out and development capital transactions – has invested £46.6m through its acquisition vehicle, Project Sword Bidco.

The multijurisdictional Eversheds Sutherland team was led by corporate Partner James Trevis (Picture) and comprised Partner Stephen Nash and Principal Associates Elizabeth Tindall and Tom Milburn (all corporate), with additional advice provided by the global legal practice’s US and Germany-based offices.

Involved fees earner: Tom Milburn – Eversheds Sutherland; Stephen Nash – Eversheds Sutherland; Elizabeth Tindall – Eversheds Sutherland; James Trevis – Eversheds Sutherland;

Law Firms: Eversheds Sutherland;

Clients: NorthEdge Capital LLP;