Kirkland Represents KRAFTON, Inc. on Acquisition of Unknown Worlds
Kirkland & Ellis advised KRAFTON, Inc., a collective of independent game development studios responsible for entertainment properties such as PUBG: BATTLEGROUNDS and the upcoming AAA title, The Callisto Protocol, on its acquisition of Unknown Worlds, a game development studio and the creators of Subnautica. The acquisition continues KRAFTON’s expansion strategy of securing and investing in top-tier talent that aspires to evolve, innovate, and create new experiences. KRAFTON recently completed the second-largest South Korean IPO on record, at a valuation of greater than $20 billion.
Read the KRAFTON press release
The Kirkland team was led by corporate partners Maggie Flores and Edward Lee and associates Alexandra Gallogly, Justin Prindle and Ben Howard, technology & IP transactions partner Seth Traxler and associates Joanna Schlingbaum and Trevor Snider, executive compensation partner Rohit Nafday and associate Anthony Ji, and tax partners David Grenker and Adam Kool and associate Jake Jung.