As a result of the transaction, the shareholder composition of SIA “BRAIN GAMES” was changed through the admission of a new shareholder and the redistribution of ownership interests among the existing and new shareholders.
TEGOS partner Andra Rubene and senior associate Anna Vaivade delivered comprehensive legal support throughout the transaction, covering matters related to the structuring and implementation of the transaction, including the preparation of the share purchase agreement and shareholders’ agreement, drafting amendments to the articles of association, assisting with the execution of documents, and registration of changes.
SIA “Brain Games” is a leading company in the Baltic board games industry, with more than 15 years of market experience. The company distributes games developed by local and international creators both online and through a network of retail stores in Latvia, Lithuania, and Estonia. In addition, SIA “Brain Games” actively promotes board game culture in the region by organising events and tournaments.
Changes to the shareholder composition of SIA “BRAIN GAMES” are a key step toward improved corporate governance and long-term growth.