Acquisition of Altigi GmbH (DE) by Stillfront Group AB (SE) — EUR 270 million

Carnegie acted as sole financial adviser to Stillfront in the acquistition of Altigi GmbH (”Goodgame Studios”). The transaction will be paid through a combined equity and debt package. Goodgame Studios is a leading German game development company, producing strategy games both within the browser games segment and the mobile games segment. Stillfront is an independent creator, publisher and distributor of digital games. January 2018.