Latham & Watkins advised Tencent, while White & Case LLP advised Goldman Sachs on the deal.
Goldman Sachs, through its West Street Capital VII Funds, acted as a partner of hyper-casual mobile gaming Voodoo, on the entry of Chinese conglomerate Tencent into Voodoo’s capital.
The completion of the transaction, which remains subject to the approval of the relevant competition authorities, will see Voodoo become the ninth French unicorn – a startup company valued at more than US$1 billion.
Latham advised Tencent with Pierre-Louis Cléro (Picture), Xavier Nassoy, Yiran Bai, Xiaocai Fu, Julia Lefevre, Morgane Chaloin (M&A), Jean-Luc Juhan (Commercial), Lionel Dechmann (Finance), Jacques-Philippe Gunther, Mathilde Ayel, Juliette Raffaitin, Clément Pradille (Antitrust), Matthias Rubner, Jad Clam (Employment), Myria Saarinen and Floriane Cruchet (TMT-IP&IT).
The White & Case team in Paris which advised Goldman Sachs on the transaction was led by partners Saam Golshani and Guillaume Vitrich, and included partner Alexandre Ippolito, with support from associates Hugues Racovski and Sarah Kouchad. Lawyers from the White & Case offices in London and Washington, DC also advised on the transaction.
Involved fees earner: Mathilde Ayel – Latham & Watkins; Yiran Bai – Latham & Watkins; Morgane Chaloin – Latham & Watkins; Jad Clam – Latham & Watkins; Pierre-Louis Cléro – Latham & Watkins; Floriane Cruchet – Latham & Watkins; Lionel Dechmann – Latham & Watkins; Xiaocai Fu – Latham & Watkins; Jacques-Philippe Gunther – Latham & Watkins; Jean-Luc Juhan – Latham & Watkins; Julia Lefevre – Latham & Watkins; Xavier Nassoy – Latham & Watkins; Clément Pradille – Latham & Watkins; Juliette Raffaitin – Latham & Watkins; Matthias Rubner – Latham & Watkins; Myria Saarinen – Latham & Watkins; Saam Golshani – White & Case; Alexandre Ippolito – White & Case; Sarah Kouchad – White & Case; Hugues Racovski – White & Case; Guillaume Vitrich – White & Case;
Law Firms: Latham & Watkins; White & Case;
Clients: Goldman Sachs & Co.; Tencent Holdings Inc.;
