PRESS RELEASE
24 July 2025

Maples Group Advises AppLovin On Mobile Gaming Business Sale To Tripledot Studios

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Maples Group

Contributor

The Maples Group is a leading service provider offering clients a comprehensive range of legal services on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, and is an independent provider of fiduciary, fund services, regulatory and compliance, and entity formation and management services.
Maples Group provides Cayman Islands counsel to AppLovin in the sale of its mobile gaming business to Tripledot Studios.
Cayman Islands

Maples Group provides Cayman Islands counsel to AppLovin in the sale of its mobile gaming business to Tripledot Studios.

Maples and Calder, the Maples Group’s law firm, is pleased to announce its role as Cayman Islands legal counsel to AppLovin Corporation (“AppLovin”) in the successful sale of its mobile gaming business to Tripledot Studios (“Tripledot”). The transaction, which closed on 30 June 2025, underscores the firm’s expertise in advising on cross-border transactions.

Under the terms of the agreement, AppLovin—a global leader in marketing technology—received US$400 million in cash and a 20% equity interest in Tripledot. The sale encompassed the transfer of 10 leading mobile game studios and a portfolio of popular gaming franchises.

The firm’s Cayman Islands Corporate team was led by Partner Sophia Scott, supported by Associates Mariana Alves and Akshay Naidoo. The team worked in close collaboration with lead US counsel Wilson Sonsini Goodrich & Rosati to ensure a streamlined execution of the transaction across multiple jurisdictions.

Commenting on the transaction, Sophia Scott said: “We are delighted to have supported AppLovin in this transformative sale, which allows them to concentrate on new opportunities within their core business. This transaction highlights our team’s experience in advising on high-value, multi-jurisdictional matters, and our commitment to delivering exceptional legal counsel to our clients. We look forward to AppLovin’s continued success as they pursue their strategic objectives.”

Contributor

The Maples Group is a leading service provider offering clients a comprehensive range of legal services on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, and is an independent provider of fiduciary, fund services, regulatory and compliance, and entity formation and management services.

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