February 2025 – Kinstellar's Sofia office successfully advised Paradox Interactive, one of the premier developers and publishers of strategy and management games, on the acquisition of Haemimont Games, one of the first video game development studios in Bulgaria.
The renowned video games publisher enters the Bulgarian market in the first video game transaction in Bulgaria for 2025, part of Paradox' strategy to grow the management games genre and a good news for the entire video games industry in Bulgariа.
The Kinstellar team, comprising Georgi Kanev (Managing Associate, Head of Interactive Entertainment & Gaming), Diana Dimova (Partner, Corporate/M&A), Denitsa Kuzeva (Senior Associate, Corporate/M&A) and Atanas Mihaylov (Counsel, Tax and Corporate/M&A), with further assistance from Vanya Evtimova, Debora Dineva, Vilislava Kolarova and Simona Damyanova, provided legal advice on all aspects of the transaction – from the initial due diligence, through structuring and assistance with the transaction agreement.