Shoosmiths advised Universally Speaking on the deal.
Universally Speaking has received a major investment from private equity investor Phoenix Equity Partners to support the company’s ambitious growth plans.
The Bedford-based company provides leading video game industry clients with end-to-end services including quality assurance, playtesting, audio and localisation services.
Universally Speaking has worked with some of the world’s leading games publishers, including 2K, Remedy and 505 Games on globally acclaimed games such as Borderlands 3, Mafia and Control.
Universally Speaking founder and CEO Vickie Peggs has made a substantial reinvestment in the company as part of the transaction, alongside Phoenix. Vickie will remain as CEO and will work closely with Phoenix to support the company’s continued growth amid the rapid international expansion of the video gaming industry.
Shoosmiths advised on all corporate and tax aspects of the sale and subsequent reinvestment. The Shoosmiths team was led by corporate partner James Klein (Picture) with corporate support from principal associate Katie Yorke, senior associate Bryn Jones and associate Olivia King and banking support from partner Anna Robson and Kat Acott. Tom Wilde led the tax team supported by principal associate Jamie Chambers and tax advisor Jade Edgar.
Law Firms: Shoosmiths;
Clients: Universally Speaking;