Squire Patton Boggs has advised Mobusi Mobile Advertising S.L., one of the leading mobile advertising companies in Spain, on the acquisition of Lab Cave, a company specialising in the development of video games.
Lab Cave was founded in Madrid in 2013 by brothers Fernando and Óscar García. With 75 million downloads all over the world and a strong presence in the powerful China, US and Japan markets, Lab Cave has positioned itself as one of the biggest mobile games development companies in Spain.
With a turnover of €75 million in 2016 and more than 200 employees, Mobusi is the biggest mobile company in Spain operating in the performance and branding market. Founded in 2012 with its headquarters in Madrid, the company expanded internationally two years ago and now has a presence in Mexico, India and the US, enabling the company to provide a worldwide service.
Squire Patton Boggs has advised Mobusi Mobile Advertising on the deal with a team led by Madrid partner Ramón Castilla (picture), with support from Sandra Paoletti (corporate), Jose Aguilar Shea and Miguel Nasser (tax), Juan Nasarre (employment) and Cristina Fernández (real estate)
Involved fees earner: Ramón Castilla – Squire Patton Boggs; Sandra Paoletti – Squire Patton Boggs; Jose Aguilar Shea – Squire Patton Boggs; Miguel Nasser – Squire Patton Boggs; Juan Nasarre – Squire Patton Boggs; Cristina Fernández – Squire Patton Boggs;
Law Firms: Squire Patton Boggs;
Clients: Mobusi Mobile Advertising;